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Iraq Allocates $172M to Boost Drilling Equipment and Operations

Iraq is pushing forward with a $172 million investment to improve its oil production capacity. The Iraqi Drilling Company (IDC) will use the funds...

UAE Economy Supports Strong Aldar Profit Growth in Real Estate Sector

Aldar Properties continues to deliver impressive financial results, driven by rising property demand and a strong UAE economy. The Abu Dhabi-based developer recently posted...

Iraq Plans 12GW Solar Power Boost in Energy Shift

Iraq has announced a major step toward clean energy with a plan to produce 12GW of solar power. The Iraqi Oil Ministry confirmed this...

UAE’s $Billion Bet: DAE Secures 10 Boeing 737-9 Jets for United Airlines

The United Arab Emirates has taken a major step in expanding its aviation portfolio. Dubai Aerospace Enterprise (DAE) confirmed the purchase of 10 new...

Oman Reshapes Private Sector Pay with Performance-Based Bonus Mandate

Oman introduced new rules to regulate the periodic bonus for Omani workers in the private sector. The Ministry of Labour aims to ensure fairness...

Saudi Arabia Raises $1.9 Billion through ACWA Power Rights Issue

Saudi Arabia has completed a major capital raise through ACWA Power’s successful rights issue worth $1.9 billion. The initiative targeted existing shareholders and attracted...

Dukhan Bank Cements Global Leadership in Islamic Private Banking

Qatar’s Dukhan Bank has earned the prestigious title of “World’s Best Islamic Private Bank” for the second year. This global recognition confirms its leadership...

Kuwait Airways Revenue Growth Driven by Strategic Reforms

Kuwait Airways has reported steady financial progress, thanks to major strategic efforts across its operations. These results show the strength of Kuwait Airways' revenue...

Iraq Strengthens Cybersecurity with New Threat Intelligence Partnership

Iraq has taken a bold step to protect its growing digital infrastructure. A new Iraq cybersecurity partnership promises to reinforce national digital defences. This collaboration aims...

Oman Industrial Growth Sparks Export Boom and FDI Surge

Oman’s economy is accelerating thanks to rapid progress in the Omani manufacturing sector. Strategic reforms and strong policies have driven both exports and foreign investment....

Qatar Mortgage Market Records Strong Activity and Investment Growth

Qatar’s mortgage market has shown impressive strength, reflecting confidence in the real estate sector. The country recorded 788 mortgage transactions, totaling QR19.314 billion, over...

Bahrain Food Industry Expands with Al Taawon Factory Growth

Bahrain’s food manufacturing sector continues to grow with strong government support. A recent visit to Al Taawon Foodstuff Factory by the Minister of Industry...
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