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Listing in Dubai as ALEC Holdings Offers 20% Stake

ALEC Holdings announced plans for a new listing in Dubai, offering investors a 20% stake in the company. The engineering and construction firm confirmed...

Bahrain Carrefour Exits as Majid Al Futtaim Shifts Focus

Carrefour has officially exited Bahrain, closing all its stores across the country. The decision follows the retailer’s earlier closures in Oman and Jordan. The...

Oman Battery Project Boosts Green Energy Transition

Oman launched a $488.6 million green project to accelerate its clean energy transition. The initiative supports the country’s net-zero emissions target by 2050. Officials...

VoWiFi Launch in Iraq as Asiacell Expands Digital Services

Asiacell introduced VoWiFi in Iraq, marking a significant step forward in the country’s telecommunications industry. The service allows subscribers to enjoy clearer and more...

Qatar AI Partnership Boosts Digital Innovation

Vodafone Qatar signed a strategic agreement with Khwarizmi Artificial Intelligence Center Doha WLL. The collaboration strengthens Qatar AI and accelerates digital innovation in the...

Oman Sees Drop in Trade Amid Falling Oil Exports

Oman recorded a trade surplus of RO3.088bn, marking a 34% decline from the previous year. This decline reflects challenges in merchandise exports and the...

UAE Expands AI Leadership with Data Center Investment

The UAE is transforming from an oil-based economy to a hub for artificial intelligence. The country is rapidly building hyperscale data centers to serve...

Tadawul Trading Activity Shows Modest Decline

Saudi Arabia’s Tadawul market activity fell modestly, with the main index closing at 10,453.06 after dropping 44.98 points. Investors exchanged 192.58 million shares, generating a turnover...

UAE’s Expansion in Africa Sparks Major Investment Opportunities

The United Arab Emirates is moving quickly to expand its business presence in Africa. Leaders in Abu Dhabi and Dubai see the continent as...

Shell Oman Progress Highlights National Impact

Shell Oman Marketing Company hosted a major media event in Muscat, highlighting its national impact and future ambitions. The event, themed “Powering Progress in...

Iraq Boosts Entrepreneurs with Rafidain Bank Funding

Iraq’s state-owned Rafidain Bank has launched the tenth phase of its “Entrepreneurship and Excellence” program. The bank is supporting 80 new projects, providing 1...

Saudi Economy Shows Strength and Resilience

Crown Prince Mohammed bin Salman opened the new session of the Shoura Council on behalf of King Salman. During his speech, he underlined the...
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