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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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Saudi Arabia Approves Over SR3bn Ramadan Aid to Beneficiaries

Saudi Arabia has approved a major initiative to support social security beneficiaries during Ramadan. The leadership of King Salman and Crown Prince Mohammed bin...

Dubai: Gold Prices Reach Record High Amid Uncertainty

Gold prices soared to new heights in Dubai, crossing the $3,015 per ounce mark. This increase was driven by rising demand for safe-haven assets...

UAE Consumers Face Surge in Digital Payment Scams, Survey Reveals

A recent Visa survey shows that almost 50% of UAE consumers using digital payments have fallen victim to online scams. Additionally, 15% of those surveyed reported...

Qatar Introduces Eidiya ATMs at Malls for Holiday Convenience

The Qatar Central Bank (QCB) has introduced Eidiya ATMs at 10 major malls across the country. The ATMs are now available starting this Sunday,...

Qatar’s Fintech Expansion Boosts Digital Banking

Qatar’s fintech expansion boosts digital banking by driving innovation and advancing financial services. Doha Bank has introduced the Fintech and Innovation Hub to support...

Oman and Bahrain Strengthen Bilateral Ties with 25 Agreements

Oman and Bahrain have signed 25 important agreements to strengthen their bilateral relationship. These agreements cover various sectors and were signed during the state...

Bahrain Faces Traffic Chaos After System Outage on King Fahd Causeway

Over the weekend, Bahrain experienced heavy traffic on the King Fahd Causeway due to a system outage. This outage temporarily halted e-government services in...

US Dollar Exchange Rate Increases in Iraq After Extended Decline

The US dollar exchange rate has risen in Iraq after a prolonged decline. the exchange rate for the US dollar compared to the Iraqi...

Saudi Real Estate Sector Booms Due to Population Growth, Tourism, and Reforms

Saudi Arabia’s real estate market is experiencing significant growth, driven by factors such as a rising population, increasing tourism, and favorable government reforms. These...

Emirates NBD Denies Acquisition Plans in Egypt

Emirates NBD, the largest bank in Dubai, has dismissed rumors about acquiring Banque du Caire, an Egyptian bank. Recently, reports suggested that Emirates NBD...

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...