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Kuwait crude oil price falls slightly to US$69.98 per barrel

Kuwait crude oil price fell slightly, closing at US$69.98 per barrel. This marks a 9-cent drop from its earlier level of US$70.07 per barrel....

Oman Energy Transition Fund Launched with RO 77 million Capital

Oman has launched the Oman Energy Transition Fund with a starting capital of RO 77 million. This new initiative comes as a joint venture...

Saudi US Stock Trading Hits $44bn, Triples Year on Year

Saudi US stock trading soared to SR164.3 billion ($43.8 billion) in the first quarter, almost tripling from last year. This rise highlights Saudi investors’...

Iraq Unveils $600m Plan to Upgrade Baghdad Airport Under PPP Deal

Iraq announced a $600 million Baghdad airport development plan under a public-private partnership. The Ministry of Transport works with the International Finance Corporation to...

Saudi Arabia Aims for 7% Share in Global AI Market

Saudi Arabia, AI ambitions are driving its bold entry into the global artificial intelligence market. The kingdom plans to secure 7% of global AI...

Iraq Solar Energy Loans Support Clean Energy Shift

Rasheed Bank has launched Iraq solar energy loans to support families and businesses in adopting renewable energy systems nationwide. This initiative aligns with Iraq’s...

Saudi Arabia Market Share Competition

Oil prices plunged after OPEC+ unveiled a larger supply boost next month. Brent crude fell by 80 cents to $67.50 a barrel.Meanwhile, US West...

Bahrain: Financial Innovation Hub

Bahrain cements its leadership as a financial innovation hub with a fresh batch of licences. Sixteen firms secured approval, while fifty-two applications advance through...

Oman Treasury Bills Issuance Hits $101.4 Million Amid Strong Demand

Oman Treasury bills have reached a total issuance value of $101.4 million, reflecting robust demand from licensed commercial banks. The Ministry of Finance launched...

Kuwait launches e-visa platform to boost travel and digital transformation

Kuwait has unveiled its new e-visa platform to simplify travel and strengthen the country’s digital transformation efforts. The Kuwait e-visa provides faster entry for tourists, families,...

Qatar Strengthens Intellectual Property with Korea in Strategic Partnership

Qatar has taken a major step to advance intellectual property by partnering with the Korean Intellectual Property Office (KIPO). This partnership boosts Qatar’s national...
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