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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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Non-oil exports in Saudi Arabia jump 13.4%

Nonoil exports in Saudi Arabia rose sharply in the first quarter of the year. The General Authority for Statistics (GASTAT) revealed a 13.4% increase...

Bahrain Government Bond Issue Opens for Subscription

Bahrain Bourse has officially opened public subscription for the new Bahrain Government Bond Issue. This offering marks the 40th bond issue managed by the...

Gulf Bank and Warba Bank Merger Talks Begin

Gulf Bank and Warba Bank have started initial steps toward a possible merger. This major move could reshape Kuwait’s banking sector. Both banks announced...

QNB Launches Visa Installment Solution in Qatar

QNB has introduced the Visa Installment Solution, becoming the first issuing bank in Qatar to activate this feature. The Visa Solution allows QNB...

Kuwait Non-Kuwaiti Marriages Drop Sharply

Kuwait non-Kuwaiti marriages are falling fast. New official data shows a sharp 27% decline early this year. Only 239 such marriages happened during the...

Kuwait Non-Oil Revenue to Gain KD500M From Service Fee Hikes

Kuwait non-oil revenue is expected to rise sharply. The government aims to collect nearly KD 500 million ($1.6 billion) annually. This will result in...

QNB Banking Excellence Wins Five Euromoney Awards

QNB banking excellence stood out once again by securing five prestigious awards at the Euromoney Awards for Excellence 2025. Notably, these honors confirm QNB’s...

ASMED Pushes for Better Banking Services for SMEs in Oman

Oman’s Authority for Small and Medium Enterprises Development (ASMED) held a key dialogue session in Muscat. The goal was simple: improve banking services for...

UAE Corporate Tax Filing Errors May Trigger Audits and Fines

UAE corporate tax filing is no longer optional. Businesses across the UAE are rushing to prepare financial statements before the fast-approaching deadline. However, filing...

Trump Qatar Air Force One Deal Finalized as Pentagon Accepts Qatari 747 Gift

The Qatar jet Air Force One gift has cleared Pentagon review and now serves as the president’s temporary aircraft. Defense Secretary Pete Hegseth signed off on...

Qatar Airways Profit 2025 Reaches Record $3.34B Ahead of Virgin Australia Launch

The Qatar Airways profit 2025 figure reflects a 28 percent increase compared to the previous year. It stands as the strongest financial result ever posted by...

UAE Industrial Financing Deals Unlock Dhs40bn to Drive Tech and SME Growth

The UAE government has launched a new wave of support for industrial development. On Tuesday, it signed UAE industrial financing deals worth over Dhs40bn with top...