Business

Qatar Airways Names Hamad Al-Khater as New CEO, Boosting Airline Leadership

Qatar Airways announced a significant leadership change by appointing Hamad Al-Khater as its new Group Chief Executive Officer, highlighting the airline’s focus on strengthening...

Over 35,000 Prisoners Released Under Iraq’s Amnesty Law

Over 35,000 prisoners have been released under Iraq’s amnesty law, according to the Supreme Judicial Council. The decision has been welcomed by many across the country. Prisoners convicted...

Iraq and Russia Strengthen Security Ties Amid Regional Turmoil

Iraq and Russia security cooperation was the main topic when Iraq’s National Security Advisor...

UAE Petrol Price Update: Will Rates Drop in June 2025?

An official UAE petrol price update is due within days, and drivers across the country are...

Investors Cautious as UAE Markets React to Middle East Conflict

The UAE continues to experience rising UAE equity market volatility as regional tensions impact...

Bahrain’s Rising Taekwondo Champions Shine in Sharjah 2026

Bahrain’s rising taekwondo champions delivered a powerful statement at the Arab Women’s Clubs Games...

Gunmen Attack Iraqi Oil Tanker In Northern Syria

An Iraqi oil tanker has been targeted in an armed attack while travelling along the Aleppo–Manbij highway in northern Syria, leaving the vehicle damaged...

Iraq Electricity Output Reaches 22000 Megawatts

Iraq’s electricity generation capacity has reached approximately 22,000 megawatts, the Ministry of Electricity said on Saturday, as the country continues to face structural challenges...

UAE Denies $3 Billion Transfer To Iran Reports

The United Arab Emirates has rejected reports suggesting it transferred $3 billion to Iran, dismissing the claims as “entirely false” and “unfounded.” In a statement,...

Oman Accelerates Energy Transition With Green Projects

Oman is stepping up efforts to reshape its energy sector through a series of renewable power projects and emissions reduction initiatives aimed at supporting...

India Reaffirms Support For Kuwait Food Supply

India has reaffirmed its commitment to supporting Kuwait’s food security, with Indian Ambassador Paramita Tripathi saying exports of essential food products to the Gulf...

Kuwait Strategic Reserves Cushion Hormuz Crisis

Kuwait’s oil sector has managed to maintain exports and limit market disruption during months of instability in the Strait of Hormuz, according to Kuwait’s...

KRG And Baghdad To Hold Talks On Customs System

A high-level delegation from the Kurdistan Regional Government (KRG) is expected to travel to Baghdad next week for talks aimed at advancing the implementation...

Iraq Expands Financial Cooperation With Britain

An Iraqi delegation representing the government, the Central Bank of Iraq and the private banking sector has concluded a visit to London aimed at...

US Supports Iraq’s New Economic Reform Agenda

The United States has pledged stronger economic cooperation with Iraq as Baghdad moves ahead with a broad reform programme aimed at restructuring public finances...

Iraq, UAE Expand Oil Routes Beyond Hormuz

Iraq and the United Arab Emirates are accelerating plans to expand alternative oil export routes as prolonged disruptions in the Strait of Hormuz continue...

UAE Launches First Regulated Gambling Market

The United Arab Emirates has begun rolling out a regulated gambling framework, marking a significant shift in its approach to the sector with the...

Iraq Stops 116 Billion Dinar Transfer To UAE

Iraqi authorities say they have blocked the transfer of 116 billion Iraqi dinars (about $88.5 million) to Dubai in an operation they describe as...

Bahrain Investcorp Launches AI Investment Strategy

Bahrain-based alternative investment firm Investcorp has launched a new artificial intelligence-driven investment framework designed to support decision-making across its global operations. The strategy will be...

Qatar Foreign Reserves Rise To $72 Billion

Qatar’s international reserves and foreign currency liquidity rose to 262.06 billion Qatari riyals ($72 billion) in May 2026, marking a 1.52 percent increase compared...

Follow us