Iraq’s Block 9 oil field will receive a $346 million boost from new financing. The funds aim to support ongoing drilling campaigns and enhance the field’s infrastructure rapidly. Kuwait Energy Basra Limited, operator of Block 9 oil, secured the reserve-based financing facility.
The financing package...
The Bahrain entrepreneurship forum entered its second day with strong international participation and ambitious goals. The event focused on innovation, partnerships, and sustainable development. Moreover, it highlighted entrepreneurship as a driver of long-term...
The Ramadan shopping rush hit UAE supermarkets immediately after the crescent was sighted, as residents prepared for the holy month. Families across Dubai and Sharjah rushed to stock up on essentials for iftar...
Oman is taking a major step forward in sustainable tourism in Oman with a new project in Huwiyyat Najm, Quriyat. The Muscat Governorate, represented by Muscat Municipality, awarded the tender to develop the largest integrated...
Iraq’s Block 9 oil field will receive a $346 million boost from new financing. The funds aim to support ongoing drilling campaigns and enhance the field’s infrastructure rapidly. Kuwait Energy Basra Limited, operator...
Authorities in Saudi Arabia confirmed the crescent moon sighting, marking the start of Ramadan on Wednesday, February 18. Millions of Muslims across the Kingdom now prepare for the holy month. Ramadan, observed worldwide,...
Doha, Qatar – The Qatar-KSA Trade Mission 2025 has concluded with over 1,400 bilateral meetings and an impressive QR1.5 billion in purchase orders. This information comes according to an announcement by Qatar Development Bank (QDB).
The trade mission, organized by QDB, brought together over 60 Qatari companies spanning key industries such as plastics, aluminum products, building materials, artificial intelligence, education, and tourism. The initiative aimed to foster economic collaboration between Qatar and Saudi Arabia. It also aimed to strengthen bilateral trade and boost Qatar’s exports to the Kingdom.
Unprecedented Interest from Saudi Importers
The mission received strong interest from leading Saudi importers and investors. This reflects the growing demand for Qatari products and services in the Kingdom. Over two days, Qatari companies engaged in field visits to key investment sites. They also...
AviLease expands its cargo fleet as part of its aggressive growth strategy in Saudi Arabia’s fast-evolving aviation sector. The company, which recently emerged as...
The Shura Council held its 28th session this morning, chaired by the Speaker of the Council. During the session, members discussed several important issues and approved amendments to the Associations Law. The amendments...
Oil prices experienced a slight rebound in Asian trading on Thursday after Saudi Arabia's state-owned oil giant, Saudi Aramco, raised its March oil prices...
