Oman officially announced the start of Ramadan 1447 AH, confirming Thursday, 19 February 2026, as the first day of the holy month. The announcement followed astronomical observations and scientific verification, ensuring the sighting of the crescent moon was accurate. Authorities stressed the importance of...
The Oman government digital performance has surged by 400 percent since 2022, reflecting strong progress in digital transformation. Officials presented these figures during the fourth edition of the “Together Forward” forum, which focuses...
Qatar strongly condemned the attack on a World Food Program convoy in Sudan, calling it a serious violation of humanitarian law. The Qatari government emphasized the urgent need to protect aid workers delivering...
The Diplomat Radisson Blu Hotel Residence & Spa recently celebrated the grand opening of its new Diplomat Spa on April 22, 2025. This event coincided with the Ohlala Spa & Wellness Awards Bahrain 2025, where...
Oman officially announced the start of Ramadan 1447 AH, confirming Thursday, 19 February 2026, as the first day of the holy month. The announcement followed astronomical observations and scientific verification, ensuring the sighting...
Kuwait continues to strengthen its anti-corruption efforts, maintaining stability in international rankings. Transparency International’s 2025 Corruption Perceptions Index (CPI) placed Kuwait at 65th out of 182 countries, scoring 46 out of 100, the...
Qatar strengthens the growing strength of Qatar’s financial markets by securing tight pricing on a $4 billion dual-tranche bond offering. This move demonstrates strong investor confidence and Qatar’s ability to attract global capital efficiently.
The offering includes a $1 billion 3-year senior unsecured bond and a $3 billion 10-year sukuk. Both tranches drew overwhelming demand, reflecting the growing strength of Qatar’s financial markets. The 3-year bond carries a coupon of 3.625% and reoffers at US Treasuries plus 15 basis points, yielding 3.759%. Initially, Qatar set the price thoughts (IPTs) at UST+45 bps.
Meanwhile, the 10-year sukuk offers a profit rate of 4.25% and priced at T+20 basis points for a yield...
Bahraini drivers Karina Abdulrahman Ghuloom and Sahar Darwa are participating in the Jameel Rally in Saudi Arabia. This event, which takes place from April 21 to 26, marks their third consecutive participation. The...
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...