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Energy Diversification Plan Advances Iraq’s Sustainable Power Goals

Iraq launched a comprehensive energy diversification plan to modernize its electricity sector and meet growing national demand. The initiative aims to enhance sustainability and...

Dollar Exchange Rate Drops Across Iraqi Markets

In Baghdad, the dollar exchange rate dropped at the Al-Kifah and Al-Harithiya stock exchanges. It reached 1,415.5 dinars compared to 1,416.5 dinars recorded earlier in the...

Kuwaiti Investments in Türkiye Surpass $2 Billion, Expanding Ties

Kuwaiti investments in Türkiye have exceeded $2 billion, highlighting the strength of economic ties between the two countries. The growth underscores increased collaboration across...

Saudi Vision 2030 Progress Reviewed as Council Examines Economic Reports

Vision 2030 progress took center stage as the Council of Economic and Development Affairs met to review a wide set of economic and strategic...

Stock Market Index Declines in Bahrain Amid Sector Losses

The stock market index in Bahrain closed lower, signaling cautious investor sentiment across key sectors. The decline, therefore, highlights ongoing challenges in consumer-driven and financial industries...

Iraq Oil Exports Generate $7.1 Billion in August Revenues

Iraq's oil exports produced an estimated $7.1 billion in revenues during August, according to the country’s oil ministry. The announcement highlights the critical role...

Rafidain Bank Digital Expansion Connects 81 Branches to Core System

Rafidain Bank’s digital growth advanced significantly as the institution announced the integration of 81 branches into a core banking system. The bank confirmed that two...

Saudi GDP Growth Forecast Exceeds Global Outlook with Strong Non-Oil Expansion

Saudi GDP growth will reach 4.6 percent in 2026, surpassing global projections and strengthening the Kingdom’s economic momentum. The Ministry of Finance issued its...

Audi Capital MENA Art Fund Drives Cultural Investment Growth

Audi Capital Fund officially launched in Riyadh, introducing a first-of-its-kind investment vehicle for Saudi Arabia’s cultural economy. Consequently, the fund aims to position art...

DMCC Wealth Hub Strengthens Dubai Family Offices and Private Investment Growth

DMCC Wealth Hub launched in Dubai to support family offices, private investors, and financial firms seeking regional expansion. The initiative showcases Dubai’s growing role...

Riyadh Cultural MoU Boosts City’s Arts and Cultural Development

The Riyadh Cultural MoU was signed, and the Ministry of Culture and the Royal Commission for Riyadh City joined forces to enhance the capital’s...

Kuwait Airways Restructuring Strengthens Airline Financial Position and Growth

Kuwait Airways restructuring gained major approval after shareholders voted to erase $983 million in accumulated losses. The airline takes this step to restore financial...
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