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Oil Prices Drop Amid Demand Concerns in Saudi Arabia

Oil prices drop significantly, hitting their lowest point in two weeks during early Tuesday trading. This decline reflects growing pressure on global energy markets....

Saudi TASI Rises as Market Breadth Stays Strong

TASI rises once again, showing a strong rebound with broad-based sector gains. The Tadawul All Share Index closed 1.29% higher. Overall, investor sentiment remained...

UAE’s $18.7B Bid to Build Global Gas Giant with Santos Takeover

Abu Dhabi’s state-owned oil company has launched a bold move to build global gas giant status by bidding for Australia’s Santos. The offer, valued...

Riyadh Air Expands Fleet with Major Airbus A350 Deal

Riyadh Air has taken another bold step to advance Saudi Arabia's aviation ambitions. The airline signed a deal to purchase 25 Airbus A350-1000 jets...

UAE’s Non-Oil Trade Growth Surges Toward $1tn Target Early

The UAE is on track to meet its $1 trillion non-oil trade growth target well ahead of schedule. Initially set for 2031, the country...

Kuwait’s 1.1 GW Solar Project Draws Six Prequalified Bidders

Kuwait is advancing its 1.1 GW solar project, attracting six top bidders from around the world. Recently, the Kuwait Authority for Partnership Projects and...

OpenAI Seeks $40 Billion from Saudi Arabian Investors

OpenAI, a global leader in artificial intelligence, is preparing to raise $40 billion in a major funding round. This move highlights Saudi Arabia’s increasing...

IMF Praises Oman Central Bank Transparency

The International Monetary Fund (IMF) has praised the Central Bank of Oman (CBO) for its strong commitment to transparency, governance, and financial stability. This...

KEZAD District Fuels Abu Dhabi Growth

KEZAD Group has officially launched the KEZAD Business District, marking a major step forward in Abu Dhabi’s economic diversification efforts. This initiative supports the emirate’s...

Salalah: Next Real Estate Investment Hub in Oman

Oman has launched a bold initiative to transform Salalah into a strategic real estate investment destination. The plan aligns with Oman Vision 2040, which seeks to diversify...

Kuwait Extends Deadlines for $1.5 Billion Oil Project Tenders

Kuwait recently extended the Kuwait oil project tender deadlines for several major energy projects worth about $1.5 billion. This move gives contractors additional time to prepare...

Emirates’ Airbus A350 Elevates Bahrain Travel

Emirates has officially made Bahrain the first destination in its network to be exclusively served by the Airbus A350. This move marks a major...
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