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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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UAE Growth Slows as Non-Oil Demand Drops Again

UAE non-oil demand drops again, showing signs of a cooling economy. In March, the country’s non-oil private sector grew slower. The S&P Global PMI...

Kuwait Tightens Oversight on Exchange Shops to Improve Financial Transparency

Kuwait is strengthening regulations on its money exchange sector as part of its efforts to exit the Financial Action Task Force (FATF) “follow-up phase.”...

Iraq’s Economy Faces US and Iran Pressures

Iraq’s economy faces US and Iran pressures, shaping its financial policies and trade relationships. A discussion at the London School of Economics (LSE) explored...

Kuwait Approves Debt Law to Boost Economy

Kuwait has passed a new debt law to strengthen its economy and attract investors. The law sets a debt limit of 30 billion Kuwaiti...

Wealth Management Trends in the Middle East and UAE

UAE wealth management trends continue to reshape the financial landscape. Investors seek better ways to manage and grow their assets. The country remains a...

Bahrain Faces Economic Challenges While Pushing for Growth

Bahrain faces economic challenges as it works to strengthen its economy. The country once relied heavily on oil, but times are changing. The oil...

Qatar’s Corporate Finance Growth Continues in 2025

Qatar’s corporate finance sector is set for strong growth in the coming years. Experts predict revenue will reach $196.73 million in 2025. This marks...

UAE Introduces New Dirham Symbols and Digital Currency

The UAE is making big changes to its currency. The Central Bank of the UAE (CBUAE) has introduced new symbols for the dirham. These...

Kuwait Inflation Climbs as Food Prices Increase

Kuwait’s inflation rate climbed, mainly due to food prices. The Consumer Price Index (CPI) stood at 2.49%, showing steady inflation but rising costs. Food...

Kuwait’s Budget Deficit Grows as Oil Revenue Falls

Kuwait approved its 2025-26 budget with a bigger deficit. The country expects lower oil income, making it harder to balance spending and revenue. The...

UAE Introduces New Dhs100 Polymer Banknote Ahead of Eid Al Fitr

The UAE has unveiled a new Dhs100 banknote just in time for Eid Al Fitr celebrations. The Central Bank of the UAE (CBUAE) introduced...

Kuwait Sees Gold Prices Surge to Record High Amid Global Uncertainty

Gold prices reached a historic peak of $3,022 per ounce at the close of last week’s trading, driven by ongoing global economic and geopolitical...