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Oman Salary Increment Rules Overhauled to Drive Private Sector Performance

The Oman Ministry of Labour introduced new regulations that reshape the way companies handle salary increases for Omani employees. The new Oman salary increment...

Saudi Sukuk Issuance Jumps to $1.42bn as Investor Demand Strengthens

Saudi Arabia’s National Debt Management Center announced it raised SR5.31 billion ($1.42 billion) through its riyal-denominated sukuk program. Moreover, this figure represented a 5.8...

UAE Banks Crack Down as Exchange Licence Revoked Over Money Laundering

The UAE Central Bank revoked the licence of Malik Exchange, an Abu Dhabi-based remittance company, after serious compliance breaches. The regulator struck the firm’s...

Qatar Digital Payments Surge to QR16.1bn, Driving Financial Growth

Qatar’s financial system recorded strong momentum in digital transactions, reaching QR16.1bn in processed payments. The latest figures highlight the nation’s growing reliance on digital...

Chevron Iraq Deal Signals Major Energy Investment Push

Iraq has signed a principles agreement with Chevron for major oil exploration and development projects. Prime Minister Mohammed Shiaa Al-Sudani personally welcomed the deal,...

Saudi Arabia Coffee Market Brews Billions in New Investment

The Saudi Arabian coffee market is growing at a rapid pace, making the Kingdom one of the world’s most active coffee consumers. People across...

Oman Exports Expand as Non-Oil Trade Surges

Oman Exports are gaining international recognition as the Ministry of Commerce, Industry and Investment Promotion increases its efforts to expand trade. The ministry, through...

Aramco Keeps Saudi LPG Prices Steady to Support Market Stability

Saudi LPG prices remain unchanged as Aramco announced steady official selling prices for September. The energy giant confirmed propane remains at $520 per tonne,...

Oman Golden Visa Sparks Investor Confidence and Economic Growth

Oman announced a series of initiatives designed to attract international investors and support local businesses. The government introduced the Oman golden visa program along...

Qatar Smart Manufacturing Fuels Industrial Growth and 3D Innovation

Qatar is moving quickly to strengthen its role in smart manufacturing and 3D innovation. The nation is building new partnerships, opening advanced facilities, and...

UAE Markets Surge as Investors Bet on Real Estate and Tech

UAE markets are showing strong resilience as new survey results highlight growing investor confidence in local opportunities. A large share of retail investors already...

Iraq Housing Projects Unlock Billions in Investment for Baghdad

Iraq has taken a major step toward solving its housing shortage by approving new projects in Baghdad. Prime Minister Mohammed Shiaa Al-Sudani led a...

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