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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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Kuwait Market Value Climbs to KD 48.05 Billion with KD 105 Million Gain

The Kuwait Stock Exchange (KSE) saw a modest rise in its market value during the first week of Ramadan, gaining KD 105 million or...

289,000 Livestock Supplied to Meet Consumer Needs in Oman

Muscat – The Ministry of Agriculture, Fisheries, and Water Resources has announced that over 289,000 heads of livestock were supplied to consumers during January...

Strengthening Public Finances and Financial Markets in Iraq: The Opportunity

Iraq has achieved upper-middle-income status due to its oil wealth, with public revenues heavily reliant on oil. However, the private sector remains underdeveloped, and...

Oman Strengthens Tax System with Digital Tax Stamps

Oman is taking a new step in tax regulation by enforcing digital tax stamps on excise goods starting June 1, 2025. This move ensures that all imported excise...

Qatar’s Commercial Bank Expands 24/7 USD Transfers with Citi Partnership

Commercial Bank has taken a major step by collaborating with Citi to introduce 24/7 USD transfers, making it the first in Qatar to offer this...

Saudi Arabia Confirms Four-Day Eid Al Fitr Holiday for Private Sector Employees

Saudi Arabia has officially announced a four-day break for private and non-profit sector employees in celebration of Eid Al Fitr. This decision allows workers...

Dubai Gold Prices Dip After Record Surge

Gold prices in Dubai experienced a drop on Tuesday morning following a record spike the previous day. On Tuesday, 24K gold saw a decrease...

UAE Set to Launch Jaywan Card for Global and Local Use

The UAE Central Bank has confirmed that the Jaywan card is ready for launch, both locally and internationally. This marks a major step in the country’s digital payment growth. The UAE...

Qatar Chamber Strengthens Leadership with New Director Appointment

Qatar Chamber has taken a significant step by appointing Hamad Al-Marri as the new director of the Committees and Business Councils Department. This decision aligns with...

Bahrain: A Leading Financial Services Hub in the GCC

Bahrain is known as the financial capital of the GCC, boasting a strong financial services sector that includes 367 local, regional, and international institutions....

2025 Kuwait Market IQ Highlights

Kuwait has made significant progress in corporate governance, aligning with its broader goals of attracting foreign investments, diversifying the economy, and increasing transparency. A...

Kuwaiti Banks Consider Fees on Online Transfers to Cover Digital Costs

Kuwaiti banks are exploring the possibility of introducing fees on online transfers between different banks. This move aims to help financial institutions manage the...