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HEISCO Secures $311 Million Financing to Support Kuwait Infrastructure Growth

HEISCO financing deal highlights stronger financial backing for Kuwait’s infrastructure sector. This agreement provides renewed credit facilities to support ongoing operations. It also reinforces...

Kuwait Deposit Extension Supports Egypt’s Financial Stability and Strengthens Bilateral Cooperation

Kuwait deposit extension plays a key role in supporting Egypt’s external financial stability. The arrangement highlights continued cooperation between Kuwait and Egypt. Kuwait decided to extend its $2...

HEISCO Secures $311 Million Financing to Support Kuwait Infrastructure Growth

HEISCO financing deal highlights stronger financial backing for Kuwait’s infrastructure sector. This agreement provides renewed credit facilities to support ongoing operations. It also reinforces...

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HEISCO Secures $311 Million Financing to Support Kuwait Infrastructure Growth

HEISCO financing deal highlights stronger financial backing for Kuwait’s infrastructure sector. This agreement provides renewed credit facilities to support ongoing operations. It also reinforces...

UAE Gold Prices Remain Steady Despite Rising Regional Tensions and Missile Incidents

UAE gold prices remained stable on Tuesday morning despite renewed regional tensions. UAE gold prices showed resilience even after fresh missile incidents raised concerns....

Kuwait Deposit Extension Supports Egypt’s Financial Stability and Strengthens Bilateral Cooperation

Kuwait deposit extension plays a key role in supporting Egypt’s external financial stability. The arrangement highlights continued cooperation between Kuwait and Egypt. Kuwait decided to extend its $2...

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Dubai Gold Prices Ease After Rapid 24-Hour Surge

Dubai gold prices eased slightly on Wednesday morning after a strong rally the previous day. Prices had climbed sharply by nearly Dh8 per gram...

Dubai Gold Market Gains Momentum as Oil Prices Drop Below $100 and Investors Shift to Safe Assets

Gold price in Dubai increased on Tuesday morning as oil prices dropped below $100 per barrel. The decline in energy costs reduced inflation pressure...

Oman Acquisition Deal Strengthens Renaissance Services’ Expansion in Facilities Management Sector

Oman acquisition deal marks a major step in Renaissance Services’ expansion strategy as the company completes the purchase of Socat LLC. The move strengthens...

Qatar Offers Create Confusion as Shoppers Struggle with Scattered Deals and Lack of Clear Comparison

Today’s offers in Qatar attract thousands of shoppers every day. Most people are not simply looking for more promotions. Instead, they are searching for...

Dubai Gold Prices Decline Ahead of Akshaya Tritiya as Buyers Seek Better Jewellery Deals

Dubai markets opened the week with a noticeable gold price drop. The decline quickly drew attention from shoppers and investors. Moreover, the timing aligns...

Kuwait Airport Closure Continues Amid Security Concerns and Infrastructure Damage, Disrupting Regional Travel

The Kuwait airport closure continues as authorities maintain the suspension of commercial flights. Officials in Kuwait City confirmed that operations remain halted. Moreover, they...

UAE Banking System Shows Strong Resilience Amid Regional Tensions and Stable Funding Conditions

S&P Global Ratings: Banking resilience in the UAE remains strong as financial institutions continue to show stability amid regional tensions. The banking system in...

UK Iraq Deal Strengthens Economic, Energy, and Infrastructure Cooperation Between London and Baghdad

The UK Iraq Deal drives a major economic shift between London and Baghdad. In addition, both governments announced a $15 billion trade and investment...

Kuwait Airways Resumes Colombo Flights and Expands International Network Through Dammam Transit Strategy

Kuwait Airways resumes international expansion with renewed focus on key Asian routes. The airline confirms the return of Colombo flights after strategic planning updates....

Saudi Arabia Industrial Output Rises in February on Mining and Oil Growth

Saudi Arabia’s industrial output growth accelerated in February, reflecting strong performance in mining and manufacturing sectors. The Industrial Production Index reached 114.6, up from...

Kuwait Moves to Digital Financial Reporting

Kuwait is advancing digital financial reporting as it prepares to make XBRL submissions mandatory by 2027. The Ministry of Commerce and Industry has begun...

Gulf Banks Face Q1 2026 Profit Challenges Amid Regional Conflicts

Gulf banks earnings are facing challenges in the first quarter of 2026 due to regional conflicts and shrinking lending margins. Analysts expect year-on-year declines...