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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...

Qatar MSCI Stability Signals Confidence for Global Investors

Qatar has maintained the current classification of all companies listed on the Qatar Stock Exchange after the latest MSCI Equity Indexes quarterly review. The...

Kuwait Launches Billion-Dollar Projects to Power Future Growth

Kuwait continues to move forward with major infrastructure projects to meet rising electricity and water demands. The Ministry of Electricity, Water and Renewable Energy...

Iraq Reboots Oil Exports to Turkiye in Strategic Energy Move

Iraq has announced the resumption of oil exports to Turkiye through the Ceyhan pipeline. The restart begins at 80,000 barrels per day. Oil Minister...

Oman Unlocks RO 37 Million Land Deals to Power Agri-Investment Boom

Oman’s Housing and Urban Planning Ministry has signed usufruct contracts worth over RO 37 million to strengthen food security. This move aims to support...

Saudi Arabia Hikes Oil Prices as Global Demand Accelerates

Saudi Arabia has increased the official selling price of its Arab Light crude for Asian buyers. The price rose by $1 per barrel, bringing...

Qatar Aluminum Profit Jumps on EV Demand and Dividend Boost

Qatar Aluminum Manufacturing Company (QAMCO) announced strong profits for the first half of the year. The company posted a net profit of QR342 million,...

Iraq Restructures China Deal to Fast-Track Solar Investment

Iraq has introduced key changes to its funding structure within the Iraq-China Framework Agreement. The Cabinet approved adjustments that enable better alignment with the...

Adnoc Distribution Profit Jumps 12% on Record Fuel Sales

Adnoc Distribution, the UAE’s top fuel retailer, posted a strong first-half result with a 12% surge in Adnoc profit. The company earned $358 million,...

Saudi Energy Pivot Signals Billion-Dollar Bet on a Post-Oil Future

Saudi Arabia is rapidly expanding its clean energy portfolio to reduce dependence on oil. A recent $8.3 billion deal added seven major renewable projects....

UAE Economy Feels the Strain as Non-Oil Growth Cools

The UAE economy continued to expand, but the pace of growth weakened notably. Although non-oil sectors remained in positive territory, momentum slowed to a...
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