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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...

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...

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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Abu Dhabi Airport Open but Travel Disruptions Continue

Abu Dhabi airport open today, but operations remain limited as regional tensions and bad weather continue to disrupt travel. Authorities have restored partial services,...

Qatar Airways Flights Expand Across Global Network

The Qatar Airways flights are expanding across more than 90 destinations, signaling a steady recovery in global travel demand. The airline announced an updated...

Manchester Airport Flights Cancelled as Bahrain Airspace Remains Closed

Manchester Airport flights cancelled today as Bahrain airspace remains closed, causing significant disruption to passengers and airlines. Gulf Air has suspended two scheduled flights,...

LNG Prices Surge as Iran War Disrupts Global Supply Outlook

Global LNG markets have entered a period of sharp volatility as LNG Prices Surge following the war involving Iran. The conflict has disrupted key...

Mubadala Energy Expands in Southeast Asia with New Andaman Sea Exploration Block in Indonesia

Mubadala Energy expanded its footprint in Southeast Asia after securing a new exploration block in the Andaman Sea off the coast of Indonesia. As...

Kuwait Strengthens Travel Complaint Process via Sahel App

Kuwait has shifted travel-related complaints to a digital platform, tightening oversight of airlines and travel agencies. The Public Authority for Civil Aviation (DGCA) now...

Dubai Aerospace Secures $2.8 Billion Credit Boost to Drive Expansion

Dubai Aerospace Enterprise (DAE) secured $2.8 billion in new credit facilities from 15 international banks. This move expands its total available credit to nearly...

WEF Postpones Jeddah Meeting Amid Gulf Tensions

The World Economic Forum has postponed a major Saudi meeting, adding fresh pressure to the region’s business event calendar as conflict risks reshape investor...

U.S. Dollar Strengthens Amid Rising Gulf Tensions

The U.S. dollar recovered against major currencies on Tuesday amid rising tensions in the Gulf. The UAE and Saudi Arabia signaled a tougher line...

Qatar Airways Evacuates Thousands Amid Middle East Conflict

Qatar Airways flights helped evacuate more than 7,600 Indian nationals from Doha to India amid the escalating Middle East conflict. The Indian embassy in...

Dollar Steadies Near 154,000 as Iraq Markets Reopen

Iraq dollar rate stabilized near 154,000 dinars per 100 dollars as markets reopened Tuesday following the Eid Al-Fitr holiday. Currency trading resumed in Baghdad...

NBB Fully Reopens Branch Network Across Bahrain

The National Bank of Bahrain (NBB) has fully reopened its branch network across the Kingdom. Consequently, banking operations are gradually returning to normal and...