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Bahrain Bourse Signals Resilience as Financial Stocks Outperform

The Bahrain Bourse recorded a 1.4 percent decline in August, ending a three-month winning streak. The index closed at 1,929 points as most sectors...

Iraq Telecom Launches 5G Company

Iraq has introduced a new public telecom provider called the National Mobile Telecommunications Company. Prime Minister Mohammed Shia' Al-Sudani supervised the signing of its...

Iraq Banking Partnership Boosts Rafidain’s Global Compliance Drive

The Iraq banking collaboration between Rafidain Bank and U.S.-based consultancy K2 Integrity marks a turning point in financial modernization. Both institutions announced a three-year agreement focused...

Oman Burj Al Sahwa Project Attracts Major Bids to Ease Muscat Traffic

Burj Al Sahwa Project Oman took another step in upgrading its infrastructure with the latest development of the Burj Al Sahwa Roundabout. The Ministry...

Iraq Submarine Cable Expansion Boosts Connectivity

Iraq has taken a significant step to expand its digital infrastructure with the signing of a new agreement. The Ministry of Communications finalized a...

Qatar Extends Tax Exemption Initiative to Drive Business Compliance

The Qatar tax exemption initiative has been extended by the General Tax Authority (GTA) until December 31. The extension comes in response to rising...

Iraq Bank Loans Surge as Credit Expansion Fuels Economic Growth

The Central Bank of Iraq reported an increase in lending activity across the banking sector. Iraq bank loans expanded as banks provided more credit...

Dubai Smart Travel Corridor Boosts Airport Efficiency and Global Competitiveness

The Dubai AI passport corridor is revolutionizing the way passengers navigate Dubai International Airport. Authorities have launched the “Red Carpet” system, combining artificial intelligence...

Iraq Firefighting Deal Brings $97m Boost to Safety Infrastructure

The Iraq firefighting agreement represents a significant move to enhance the country’s emergency response capabilities. Iraq’s Ministry of Interior has signed a $97 million contract with South Korea’s...

Qatar Gaming Industry Showcases Billion-Dollar Potential to Global Investors

Qatar showcased its growing digital creativity at Gamescom, the world’s largest gaming event in Germany. Invest Qatar and Media City Qatar led the initiative...

Saudi Arabia Energy Transition Accelerates with ACWA Power’s Gas and Solar Expansion

Saudi Arabia continues to reshape its energy landscape under Vision 2030. At the center of this shift, ACWA Power plays a crucial role. The...

Oman Salary Increment Rules Overhauled to Drive Private Sector Performance

The Oman Ministry of Labour introduced new regulations that reshape the way companies handle salary increases for Omani employees. The new Oman salary increment...
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