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UAE: ADX General Index Climbs Amid Strong Earnings and Investor Optimism

ADX General Index recorded a solid gain, climbing to 9,527.50 points with a 0.63% increase. This growth highlights rising investor confidence and reflects the...

Hiring Omani nationals is Oman’s New Business Rule 

Oman introduced a new business law that targets foreign investors. Now, companies must hire Omani nationals within one year of operation. The Ministry of Commerce, Industry...

Saudi Arabia Sees Sharp Rise in Gold Jewellery Demand in 2025

The Saudi gold jewellery trend continued to grow strongly during the first quarter of 2025. Despite high gold prices, shoppers in Saudi Arabia kept...

Iraq Pushes Forward with Olive Investment in Wasit

Iraq olive investment is gaining new momentum through a joint initiative with a Spanish partner. Prime Minister Mohammed S. Al-Sudani led a meeting of...

UAE Fuel Prices May 2025: Petrol Rises Slightly, Diesel Drops

The UAE fuel prices May 2025 have been officially announced. Starting May 1, new petrol and diesel rates will take effect across the country....

Oman Targets Big Power Grid Expansion by 2028

Oman has set an ambitious plan for its electricity future. Oman's power grid expansion will reach around $2 billion over the next four years....

GCC Faces Economic Challenges Amid Oil Price Decline

Gulf Cooperation Council (GCC) companies are navigating a complex economic challenges landscape. The dual impact of declining oil prices and escalating trade tensions presents...

Iraq Market Update: Weekly Changes in ISX Show Investor Trends

This week, Iraq’s stock exchange experienced a moderate decline. The RSISX Index fell 2.3% in both IQD and USD terms. However, investor trends in Iraq...

Qatar and Saudi Arabia Deepen Strategic Cooperation in Doha

Qatar and Saudi strategic cooperation gained momentum this week during high-level talks in Doha. On Tuesday, leaders from both nations gathered to strengthen bilateral...

Saudi Arabia Expands Wealth Advisory Services Through GIB and Stanhope Partnership

The Saudi wealth advisory services market is growing fast, and a new partnership aims to boost this momentum. Gulf International Bank (GIB) and Stanhope...

Kuwait Promotes Secure Payment Methods with Sahel App

Kuwait secure payment methods are gaining attention as digital banking becomes more common across the country. Gulf Bank has strongly encouraged customers to use...

Saudi Arabia and Qatar Settle Syria’s World Bank Arrears to Boost Reconstruction

The World Bank support for Syria have decided to jointly pay Syria’s $15 million debt to the World Bank. This move unlocks critical World...
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