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

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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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UAE Gold Rates Remain Stable as Geopolitical Risks and Dollar Weakness Shape Market Direction

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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...

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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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Iraq Loses $250,000 Daily from Airspace Closure Amid Regional Tensions

Iraq loses $250,000 daily from airspace closure, a financial blow caused by rising tensions in the Middle East. This loss followed the decision to...

UAE and Belarus Expand Economic and Development Cooperation Through High-Level Talks

Khaled bin Mohamed bin Zayed, Crown Prince of Abu Dhabi, met President Alexander Lukashenko in Minsk. They discussed ways to strengthen Abu Dhabi and...

Kiswa of the Kaaba Replaced in Saudi Arabia to Begin Islamic Year 1447

Saudi Arabia began the Islamic year 1447 AH with the ceremonial replacement of the Kiswa of the Kaaba in Makkah. Meanwhile, the General Presidency...

Saudi Arabia’s Non-Oil Exports Surge by 24.6% Despite Trade Surplus Decline

Saudi Arabia’s non-oil exports surge by 24.6%, showing solid progress in its economic diversification efforts. However, the Kingdom’s overall trade surplus dropped sharply during...

Kuwait Resumes Charity Funding with Strong Governance to Boost Financial Transparency

Kuwait resumes charity funding with new governance measures aimed at increasing financial transparency. The government committee recently approved restarting donations and funding for charitable...

Iraq Leads World Bank Recovery Plan with $930M Rail Investment

The World Bank has launched a major effort to support regional recovery and reconstruction in the Middle East. This week, it approved over $1...

Arab Bank Expansion Plans Strengthen Presence in Iraq with New CEO Appointment

Arab Bank Iraq expansion plans received a major boost with the appointment of Basil Al Dhahi as CEO. This move reflects a firm commitment...

Oman Introduces Personal Income Tax to Boost Economy

Oman has taken a historic step by introducing Oman's personal income tax. Starting in 2028, the country will enforce this income tax reform as...

Iraq Pushes to Restart Oil Exports via Ceyhan Pipeline

Iraq pushes to restart oil exports through the Turkey-based Ceyhan port, highlighting the urgency of resuming halted crude flows. The Foreign Minister of Iraq...

Dubai Gold Rate Drops as Israel-Iran Ceasefire Begins

The Dubai gold rate drops significantly today, falling by Dh7 per gram for 22K gold. The new rate stands at Dh370.25, marking its lowest...

Gulf Airspace Reopened After Iran Strike Disrupts Regional Flights

Gulf airspace reopened after a sudden closure caused by Iran’s missile strike on a US military base in Doha. The strike led to a...

Qatar Hamad Airport Flights Resume After Airspace Reopens

Qatar Hamad Airport flights are resuming normal operations after a brief disruption caused by a temporary airspace closure on June 23, 2025. Hamad International...
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