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Binghatti Posts Strong First-Half Earnings After Revenue Rises 50% in Dubai

Binghatti profit continued to strengthen during the first half of 2026 as the Dubai developer reported higher earnings, stronger revenue, and solid demand across...

NBB Enhances Trade Finance and Treasury Services for Bahrain Companies

NBB trade finance continues supporting Bahraini businesses as the National Bank of Bahrain expands cross-border financing, treasury services, and international partnerships. The bank says...

Binghatti Posts Strong First-Half Earnings After Revenue Rises 50% in Dubai

Binghatti profit continued to strengthen during the first half of 2026 as the Dubai developer reported higher earnings, stronger revenue, and solid demand across...

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Binghatti Posts Strong First-Half Earnings After Revenue Rises 50% in Dubai

Binghatti profit continued to strengthen during the first half of 2026 as the Dubai developer reported higher earnings, stronger revenue, and solid demand across...

Dubai Taxi Exceeds Dh1 Billion in H1 Revenue as Airport and Tourism Trips Decline

Dubai Taxi Revenue remained resilient during the first half of 2026 despite weaker tourism demand and fewer airport-related trips. The company generated more than...

NBB Enhances Trade Finance and Treasury Services for Bahrain Companies

NBB trade finance continues supporting Bahraini businesses as the National Bank of Bahrain expands cross-border financing, treasury services, and international partnerships. The bank says...

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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...

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...