Business

The Line Megaproject Faces Critical Review Amid Rising Costs and Delays

Saudi Arabia has launched a crucial review of The Line megaproject, its futuristic urban development in Neom. Consultants are now assessing whether the ambitious vision...

Saudi Arabia Commits $1 Trillion to US Investments, Targeting AI, Nuclear, and Strategic Sectors

Saudi Arabia’s $1 trillion investment pledge to the US marks a bold new economic strategy. This commitment shows the kingdom’s focus on key sectors...

Bahrain’s Data Science Training Expands to Meet Market Demand

Bahrain’s data science training continues to grow as digital transformation accelerates across the country....

Omani Youth Innovation Wins Global Recognition

Omani youth innovation achieved global acclaim after a student team secured third place at...

Employers Survey 2025 to Bridge Education and Labour Market Gaps

The Ministry of Higher Education, Research and Innovation officially launched the Employers Survey 2025...

Bahrain Space Agency Inspires Youth Through Astronauts Program

The Bahrain Space Agency continues to promote space science among youth through its active...

New UAE Civil Law Takes Effect June 1: Major Shifts in Contracts, Rights and Daily Dealings

A major overhaul of the UAE’s civil legal system will come into force on June 1, replacing a framework that has been in place...

Qatar Ashghal Expands Smart Infrastructure Technology

Qatar’s Public Works Authority, Ashghal, has introduced advanced construction technologies aimed at improving efficiency and delivery standards across infrastructure projects in the country. The authority...

Oman Signs Contracts For New Tourism Projects

Oman has signed agreements for the development of two major tourism projects, including a four-star resort in Al Hamra in Al Dakhiliyah Governorate and...

Burgan Bank Honors Kuwait Security Frontliners

Burgan Bank has concluded an initiative honoring frontline personnel from Kuwait’s Ministry of Interior, recognizing their role in maintaining the country’s security and stability. The...

Iraq Oil Exports to US Fall to Zero

US crude import data has shown a sharp weekly shift in supply flows, with no recorded oil purchases from Iraq, Saudi Arabia or Libya...

Wood Wins Qatar Pipeline Design Contract Offshore

Engineering company Wood has secured a new contract linked to QatarEnergy’s offshore redevelopment plans, reinforcing continued investment in the Gulf state’s ageing hydrocarbon infrastructure. The...

UAE Pipeline Bypassing Hormuz Reaches 50% Completion

The United Arab Emirates is pressing ahead with construction of a major oil export route designed to bypass the strategic Strait of Hormuz, with...

Alinma Bank Prices $500m AT1 Sukuk in Saudi Arabia

Saudi Arabia’s Alinma Bank has successfully raised $500 million through a perpetual Additional Tier 1 (AT1) sukuk, reflecting sustained investor appetite for Islamic capital...

Oman Arab Bank Issues $400m AT1 Capital Securities

Oman Arab Bank, based in Oman, has successfully priced a $400 million Additional Tier 1 (AT1) capital issuance, reflecting continued demand for high-yield bank...

Oman Signs Scientific Deal with CERN

The Sultanate of Oman has signed a scientific and technical cooperation agreement with the European Organization for Nuclear Research (CERN), marking a step toward...

Qatar CPI Falls 0.74% in April 2026

Qatar recorded a monthly decline in consumer prices in April 2026, with the Consumer Price Index (CPI) falling by 0.74% compared to March, according...

KFH Bahrain, BIBF Sign Training Development Deal

Kuwait Finance House (KFH Bahrain) has signed a memorandum of understanding with the Bahrain Institute of Banking and Finance (BIBF) to expand cooperation in...

UAE Expands Open Finance with Pay by Bank Push

Financial infrastructure company Lean Technologies has expanded its “Pay by Bank” services following the rollout of the Open Finance framework in the United Arab...

Oman Showcases Free Zone Strategy at Global Forum

Oman has outlined its economic and free zone development strategy at a global conference in Panama City, as the country continues efforts to strengthen...

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