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Central Bank of Bahrain Delegation Visit Highlights Digital Innovation at AWS London

Central Bank of Bahrain Delegation Visit signals a strong commitment to digital innovation in financial services. A high-level team from the Central Bank of...

Saudi PIF’s Assets Surge Past SAR4.3 Trillion in 2024 Amid Strong Revenue Growth

In 2024, Saudi PIF reached over SAR4.3 trillion by year-end. This increase marks an 18% rise compared to the previous year. The Public Investment...

Bahrain Chamber Membership Secures Place in World Chambers Federation General Council

The Membership of the Bahrain Chamber marks a major milestone for the Kingdom of Bahrain on the global economic stage. The Bahrain Chamber of...

UAE Petrol Prices Rise in July Despite Global Oil Drop

UAE petrol prices rise in July, affecting motorists across the country. This follows the monthly update from the UAE fuel price committee. Drivers now...

UAE Expands Double Taxation Agreements

The UAE double taxation agreements reached 146 by the end of 2024, reflecting the country’s strong push toward global financial integration. These agreements prevent...

Saudi Unemployment Rate Falls to Historic Low in Q1 2025

As reported by the General Authority for Statistics, the combined unemployment rate encompassing both Saudi citizens and expatriates in the Kingdom has declined to...

New Truck Transport System Revives Trade Routes Connecting Iraq and Kuwait

The newly launched truck transport system is reviving vital trade routes between Iraq and Kuwait, marking a major step toward regional economic growth. This...

Saudi Arabia Opens Airspace to Over 1,300 Daily Flights During Regional Crisis

Saudi Arabia opens airspace to over 1,300 daily flights during regional crisis, responding quickly to the sharp rise in transit traffic. As tensions escalated...

Dubai Gold Price Drops to Lowest Level Since May 30

Dubai gold price drops to lowest level since May 30, giving much-needed relief to shoppers in the UAE this weekend. Consumers are now enjoying...

Iraq Loses $250,000 Daily from Airspace Closure Amid Regional Tensions

Iraq loses $250,000 daily from airspace closure, a financial blow caused by rising tensions in the Middle East. This loss followed the decision to...

Saudi Arabia’s Non-Oil Exports Surge by 24.6% Despite Trade Surplus Decline

Saudi Arabia’s non-oil exports surge by 24.6%, showing solid progress in its economic diversification efforts. However, the Kingdom’s overall trade surplus dropped sharply during...

Kuwait Resumes Charity Funding with Strong Governance to Boost Financial Transparency

Kuwait resumes charity funding with new governance measures aimed at increasing financial transparency. The government committee recently approved restarting donations and funding for charitable...
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