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Saudi Energy Revenue Rises 11% as Customer Growth and Network Expansion Boost Earnings

Saudi Energy reported strong financial results during the first half of 2026 as higher customer numbers and continued infrastructure expansion supported business growth. Saudi...
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Dubai Gold Prices Remain Under Dh500 for Second Week Amid Higher Interest Rate Expectations

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Kuwait and Qatar Face Sharper Economic Slowdown as Hormuz Disruptions Weigh on Growth

The Gulf economy continues facing challenges as regional tensions affect trade and energy markets. Gulf economy conditions show that Kuwait and Qatar may experience...
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Qatar Introduces Pillar Two Registration Service Through Dhareeba Under New Global Tax Rules

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Saudi Energy Revenue Rises 11% as Customer Growth and Network Expansion Boost Earnings

Saudi Energy reported strong financial results during the first half of 2026 as higher customer numbers and continued infrastructure expansion supported business growth. Saudi...

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Saudi Energy Revenue Rises 11% as Customer Growth and Network Expansion Boost Earnings

Saudi Energy reported strong financial results during the first half of 2026 as higher customer numbers and continued infrastructure expansion supported business growth. Saudi...

Dubai Gold Prices Remain Under Dh500 for Second Week Amid Higher Interest Rate Expectations

Dubai gold prices remained below the Dh500 mark for a second consecutive week. Investors continued to monitor market movements as global economic factors weighed...

Kuwait and Qatar Face Sharper Economic Slowdown as Hormuz Disruptions Weigh on Growth

The Gulf economy continues facing challenges as regional tensions affect trade and energy markets. Gulf economy conditions show that Kuwait and Qatar may experience...

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Dubai Launches Dh1 Billion Economic Support Package to Boost Business and Social Development Amid Regional Tensions

Dubai Relief has launched a major economic support plan as regional tensions continue to pressure markets and business activity. The new measures aim to...

Qatar Strengthens Trade Ties with Belgium and Singapore to Boost Investment and Economic Resilience

Qatar Chamber Chairman Sheikh Khalifa bin Jassim bin Mohamed Al Thani emphasized Qatar’s economic strength while meeting Belgium and Singapore’s ambassadors to boost trade...

U.S. Backs Bahrain at UN to Protect Strait of Hormuz from Iran and Houthi Threats

US Secretary of State Marco Rubio issued a firm warning against Iran and its Houthi allies. He emphasized that their threats to the Strait...

Emirates NBD Launches Instant Funding Service for Trading Accounts in UAE

Emirates NBD launched a new service that allows UAE investors to top up trading accounts almost instantly. As a result, investors can transfer funds...

Oman Warns Public Against Fake ROP Website Targeting Personal Data

Oman has warned the public about a fake ROP website pretending to be the official Royal Oman Police platform. The website aims to steal...

Donald Trump Suggests Seizing Iran’s Oil Hub as U.S.-Iran Conflict Escalates

U.S. President Donald Trump said he wants to take Iran’s oil and suggested that American troops could seize the country’s Kharg Island export hub....

No Power Cuts for Supported Bahraini Homes Despite BD84 Million in Unpaid Electricity Bills

Despite BD84 million in overdue electricity bills, the Ministry of Electricity and Water Affairs has kept power on for all supported Bahraini homes under...

Iraq Loses $360K Daily Due to Airspace Closure Amid Regional Conflict

Iraq's airspace is losing approximately $360,000 per day as a result of the suspension of overflights across its airspace. This totals around $10.8 million...

Saudi Arabia Launches Open Banking Licensing, Paving the Way for Fintech Growth

Saudi Arabia has taken a major step in its financial transformation by launching formal Open Banking licensing. The move marks a significant shift in...

UAE Dubai Airport Stays Open as Flights Continue Under Pressure

Dubai airport open on March 30, offering a vital sign of stability as regional tensions and operational disruptions continued to affect air travel. Although...

Kuwait Gold Market Sees Surge as Buyers Eye Jewelry and Coins Amid Bullion Shortage

Gold buyers in Kuwait are increasingly buying jewelry and coins as bullion supply tightens. Prices are approaching record highs, highlighting investors’ drive to protect...

UAE Financial Sector Holds Firm Despite Iran War Pressures

United Arab Emirates: The UAE financial sector is showing strong resilience despite the Iran war, as banks, investors, and regulators work to contain rising...
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