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UAE Tax Collections Surge to $97 Million on Record Compliance Drive

The United Arab Emirates has collected more than $97 million in taxes and fines during the first half of the year. The UAE tax...

Oman Creative Industries Poised to Power Economic Growth

Oman's creative industries are becoming a major force in the country’s economic diversification strategy. These industries connect cultural heritage with innovation, supporting the ambitions...

Kuwait Visa on Arrival to Drive Tourism and Boost Gulf Economy

Kuwait has introduced a visa-on-arrival system for foreign nationals living in other Gulf Cooperation Council (GCC) countries. The Kuwait visa on arrival applies to...

Iraq Seawater Plant Deal with Hyundai to Boost Oil Output

Iraq has awarded Hyundai Engineering & Construction of South Korea a major contract for the Iraq seawater plant in the Artawi oil field. The...

Saudi Oil Exports to China Dip as Price Strategy Reshapes Trade

Saudi oil exports to China are expected to drop in September after reaching a more than two-year high in August. The world's largest crude...

Bahrain McDonald’s Turns Stock Market Dips into Sales Opportunity

McDonald's Bahrain has introduced an innovative campaign linking dip sauce prices to changes in the Nasdaq index. The promotion, called "Buy the Dip," ran...

Qatar IoT Market Accelerates Toward QR1.3bn on Smart City Momentum

Qatar IoT market is on track for rapid expansion, with revenues projected to reach QR1.3bn this year. Analysts forecast steady growth that will push...

Kuwait Power Plant Secures $3.27bn Investment to Tackle Energy Shortages

Kuwait has signed major agreements worth $3.27 billion to advance phases two and three of the Al-Zour North power plant. The Kuwait Authority for...

Iraq Food Sector Expands with $2bn Karbala Investment Drive

Iraq has launched five large-scale food industry projects in Karbala with investments totaling $2 billion. These initiatives, led by Etihad Food Industries, aim to...

Karbala Project Secures $307m Boost to Transform Iraq’s Infrastructure

Iraq has begun work on the first phase of the Imam Hussein Roundabout project in Karbala, marking a key milestone in the city’s infrastructure...

Iraq-US Trade Shift Signals New Economic Priorities

Iraq-US trade declined to $12.0 billion in 2024, marking an 8.1 percent drop from the previous year. The decrease reflects reduced goods exchange, despite...

Oman Stock Market Rally Signals Growing Investor Confidence

The Oman stock market reached its highest level in 29 months, reflecting strong investor confidence and steady business growth. The Muscat Stock Exchange’s primary...
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