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UAE Pledges $1.4 Trillion for US Growth

The UAE has announced a massive $1.4 trillion investment in the United States over the next decade. This pledge focuses on AI infrastructure, semiconductors,...

Qatar’s Oil Demand Drops Below 30% as Energy Shifts

Qatar’s oil demand has dropped below 30% for the first time. Renewables and electric vehicles are reshaping global energy markets. The International Energy Agency...

Kuwait Inflation Climbs as Food Prices Increase

Kuwait’s inflation rate climbed, mainly due to food prices. The Consumer Price Index (CPI) stood at 2.49%, showing steady inflation but rising costs. Food...

Oman Tourism Expansion: Business Growth Opportunities

Oman’s tourism sector continues to expand, driven by the country’s Vision 2040 plan. With international visitor numbers rising and domestic travel increasing, businesses have...

UAE: Abu Dhabi’s Housing Market Grows with 38,700 New Units by 2028

Abu Dhabi’s real estate sector is expanding fast. By 2028, 38,700 new residential units will be ready. This growth will help balance supply and...

Bahrain Faces Office Space Struggles as Supply Rises

Bahrain is struggling to fill its office spaces while new buildings keep adding more supply. Many businesses are not looking for extra space, and...

Kuwait’s Budget Deficit Grows as Oil Revenue Falls

Kuwait approved its 2025-26 budget with a bigger deficit. The country expects lower oil income, making it harder to balance spending and revenue. The...

Kuwait: Gulf Bank Rewards Investors with Dividends and Bonus Shares

Gulf Bank in Kuwait has decided to reward its investors. The bank will distribute a 10% cash dividend and 5% bonus shares for 2024....

Saudi Arabia: Umm Al Qura Stock Climbs as IPOs Gain Momentum

Umm Al Qura stock climbs as Saudi Arabia’s IPO market grows. Shares jumped 30% on the first trading day. This sharp rise marked the...

Oman Focuses on Education-Industry Partnerships for Economic Growth

Oman is taking a big step toward strengthening education and industry connections. The Special Economic Zone at Duqm (SEZAD) will host the second Duqm...

Oman’s Meethaq Bank Introduces Savings Plan for Financial Stability

Meethaq Islamic Banking in Oman has launched a savings plan to help customers build financial stability with smart savings. This plan encourages people to...

Oman Expands Oil and Gas Exploration for Energy Security

Oman has opened new oil and gas blocks for investment. Dr. Salah bin Hafiz Al-Dhahab, Director General of Investment, announced the decision. The goal...
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