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Iraq’s Baiji Plant Supercharges Oil Output and Slashes Import Costs

Iraq has inaugurated a 50-megawatt power station at the Baiji refinery in Salahuddin province. This new facility delivers consistent electricity directly to refinery units....

Oman Targets Workforce Transformation to Power Future Economy

Oman kicked off the Work Forum 2025 in Salalah with over 1,000 local and international participants. The event aims to reshape the country’s labour...

UAE Firms Tighten Credit Strategies as Bad Debts Threaten Growth

UAE businesses are facing growing pressure from rising bad debts and uncertain payment behavior. A recent survey of business leaders shows mixed signals across...

Investors Flock to Qatar as Economic Reforms Unlock Growth

Qatar is attracting strong interest from global investors as its economy continues to diversify. With focused reforms and ambitious goals, the country is becoming...

Oman Targets Unapproved Insurance Price Hikes in Market Clampdown

Oman’s Financial Services Authority (FSA) is stepping up enforcement to protect consumers from unauthorized insurance hikes. Following recent reports of price increases, the FSA...

Aramco Shares Sink $800B as Investors Fret Over Dividends and Oil Volatility

Aramco shares have come under sharp pressure, dropping 14% and marking the worst performance among major oil companies. This decline has alarmed investors and...

Qatar’s High-Speed Internet Fuels Digital Growth and Investment

Qatar continues to lead the world in mobile internet speed performance. Recent global rankings place the country second in mobile connectivity. This reflects Qatar’s...

Iraq Invests $743K to Revive Barood Khana, Boosting Local Economy

Iraq has taken another step toward preserving its cultural heritage by awarding a $743,964.88 contract for the restoration of a landmark site in Mosul....

Saudi Arabia Rolls Out VAT Refund to Supercharge Retail Tourism

Saudi Arabia introduced a new VAT refund program to improve the travel experience for international tourists. This VAT credit for tourists offers full reimbursement...

Oman Launches Economic Integrity Drive to Tackle Hidden Trade Risks

Oman has launched a multi-agency strategy to eliminate hidden trade and protect its growing economy. A top official from the Ministry of Commerce, Industry,...

Iraq Digital Colleges to Advance AI and Tech Education

Iraq is making strong progress in digital education. The Ministry of Higher Education plans to open Iraq's digital colleges at the University of Baghdad....

UAE Trade Boom: Non-Oil Exports Soar as Global Partnerships Pay Off

The UAE continues to post impressive gains in global trade, led by exceptional non-oil trade growth. During the first half of the year, the...

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