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New Oil Discovery in Saudi Arabia and Kuwait Boosts Global Energy Supply

New oil discovery in Saudi Arabia and Kuwait has sparked global attention. Both countries jointly revealed a significant find in the Partitioned Zone. According...

Gold Jewellery Prices Hold Steady After Sharp Drop

Gold jewellery prices stayed steady on Tuesday morning, following a sharp decline the day before. On Monday, prices fell by Dh4.5 per gram. This...

New Oil Discovery in Saudi Arabia and Kuwait Boosts Global Energy Supply

New oil discovery in Saudi Arabia and Kuwait has sparked global attention. Both countries jointly revealed a significant find in the Partitioned Zone. According...

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New Oil Discovery in Saudi Arabia and Kuwait Boosts Global Energy Supply

New oil discovery in Saudi Arabia and Kuwait has sparked global attention. Both countries jointly revealed a significant find in the Partitioned Zone. According...

Commercial Bank Qatar Rating Affirms Strong Outlook

Fitch Ratings has confirmed Commercial Bank Qatar’s rating at ‘A’ with a stable outlook. The rating shows confidence in the bank’s stability and growth...

Gold Jewellery Prices Hold Steady After Sharp Drop

Gold jewellery prices stayed steady on Tuesday morning, following a sharp decline the day before. On Monday, prices fell by Dh4.5 per gram. This...

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UAE: Gold Prices Climb as Dollar Weakens and Tariffs Rise

Gold prices climb again in the UAE as traders react to new U.S. tariffs and a falling dollar. Global and local markets saw gold...

Qatar’s Growing Leadership in Islamic Finance

Qatar is enhancing its leadership in the Islamic finance sector. This has become more apparent with the country’s focus on developing innovative financial solutions,...

UAE Digital Finance Expands with New Tap Payments Licence

Tap Payments recently received a commercial licence from the Central Bank of the United Arab Emirates. This licence allows the company to offer digital...

Qatar banking sector shows strong asset growth and financial resilience in 2025

Qatar’s banking industry continues its upward momentum, with total assets reaching QR2.06 trillion in early 2025 — a 4.7% rise from the previous year....

CBB Sukuk Al Salam Securities Oversubscribed by 125%

Manama, Apr. 7 (BNA) – The Central Bank of Bahrain (CBB) announced that its latest monthly issuance of Sukuk Al Salam Islamic securities was...

UAE Leads as Regulatory Innovation Shapes Future of Finance

Regulatory innovation is becoming a key driver of change in the global financial world. Rather than simply reacting to technological advances, regulators are now...

Bahrain Backs Startups and SMEs Through Innovation Drive

Bahrain continues to strengthen its support for local businesses with a fresh move. Al Salam Bank has signed a new agreement to empower Bahraini...

Saudi Arabia Boosts Private Jobs in Strong Growth Quarter

Saudi Arabia’s non-oil private sector saw significant growth between January and March 2025. As demand increased and business activity expanded, companies created jobs at...

Iraq: Dollar Prices Drop in Baghdad and Erbil

The value of the US dollar fell slightly against the Iraqi dinar in both Baghdad and Erbil. This drop comes after weeks of exchange...

Kuwait Tightens Rules on Exchange Shops: Money Reform Shakes Market

Kuwait’s money reform forces many exchange shops to shut down this week. The key phrase "Kuwait money reform" is now a major topic in...

Oman Commercial Agencies Reform Brings New Rules

Oman continues to improve its business laws through the Oman commercial agencies reform. The Ministry of Commerce, Industry, and Investment Promotion recorded 2,043 agency...

Oman Sets July Deadline for IBAN Use in Oman Transfers

Oman announced crucial opportunities to how money is sent within the country. Starting July 1, 2025, all local bank transfers must include an International...