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Iraq Strengthens Gold Reserves, Ranking Among Top in Arab World

Iraq has secured a strong position in the Arab world’s gold market, with reserves reaching 162 tons, according to Central Bank Governor Ali Al-Alaq....

Kuwait Market Value Climbs to KD 48.05 Billion with KD 105 Million Gain

The Kuwait Stock Exchange (KSE) saw a modest rise in its market value during the first week of Ramadan, gaining KD 105 million or...

Iraq Strengthens Gold Reserves, Ranking Among Top in Arab World

Iraq has secured a strong position in the Arab world’s gold market, with reserves reaching 162 tons, according to Central Bank Governor Ali Al-Alaq....

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Iraq Strengthens Gold Reserves, Ranking Among Top in Arab World

Iraq has secured a strong position in the Arab world’s gold market, with reserves reaching 162 tons, according to Central Bank Governor Ali Al-Alaq....

Bahrain Moves Forward with 2% Tax on Expat Remittances

Bahrain’s Parliament is preparing to vote on a 2% tax on expat remittances, aiming to strengthen the local economy. Supporters believe this step will reduce dependence on...

Kuwait Market Value Climbs to KD 48.05 Billion with KD 105 Million Gain

The Kuwait Stock Exchange (KSE) saw a modest rise in its market value during the first week of Ramadan, gaining KD 105 million or...

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2025 Kuwait Market IQ Highlights

Kuwait has made significant progress in corporate governance, aligning with its broader goals of attracting foreign investments, diversifying the economy, and increasing transparency. A...

Kuwaiti Banks Consider Fees on Online Transfers to Cover Digital Costs

Kuwaiti banks are exploring the possibility of introducing fees on online transfers between different banks. This move aims to help financial institutions manage the...

Kuwait Central Bank Chief Calls for Reforms to Ensure Stability

The Governor of Kuwait’s Central Bank, Mohammad al-Hashel, emphasized the urgent need for economic reforms to stabilize the country’s finances, stating that monetary tools...

Saudi Arabia’s Ramadan Hours Boost Business and Community Life

Ramadan hours bring big changes to Saudi Arabia’s daily routine. As fasting continues from sunrise to sunset, life shifts to the night. Businesses extend...

Oman Central Bank Issues Treasury Bills Worth OMR37.60 Million

Muscat – The Central Bank of Oman (CBO) has issued Government Treasury Bills totaling OMR37.60 million. The issuance includes two types of Treasury Bills...

Bahrain: A Leading Financial Services Hub in the GCC 

Bahrain is recognized as the financial capital of the GCC, with a robust financial services sector that includes 367 local, regional, and global institutions. Positioned as...

UAE: Sheikh Mohamed Issues Law on Abu Dhabi Customs

President Sheikh Mohamed has issued a new law restructuring the General Administration of Abu Dhabi Customs. The law grants the entity independent legal status...

Qatar Central Bank Leads FinTech Strategy and Innovation in Qatar

The Qatar Central Bank (QCB) is at the forefront of driving the FinTech strategy in Qatar, supporting the implementation of digital innovations and financial...

Kuwait’s Salary Expenditure Reaches KD 64.56 Billion Over Five Years

Kuwait's salary expenditures have totaled KD 64.56 billion over the past five years, accounting for approximately 57% of the country’s total budget. The total...

Dubai’s Financial Growth Transforms Global Business

Dubai has emerged as a major financial focus, driven by its strong economy, business-friendly laws, and modern infrastructure that attract global investors. Strategically located...

Saudi E-commerce Sales Jump 45% in January, Surpassing $5.5bn

In January, Saudi Arabia's e-commerce sales soared by 45%, exceeding $5.5 billion. This increase highlights the Kingdom's growing shift toward digital payments and online...