Business

Oman Advances Mobile Solar Power Innovation With Strategic Partnership

Oman is making strides in clean energy through a new mobile solar power innovation initiative. AB Energy, a local renewable energy company, joined forces...

UAE Honors National Duty Hero Saeed Rashid Al Balushi

The UAE national duty hero Saeed Rashid Al Balushi was mourned across the country following his tragic passing. His service and sacrifice highlighted the...

UAE‑Azerbaijan Economic Partnership Strengthens Bilateral Ties

UAE‑Azerbaijan economic partnership took center stage on Wednesday as President Sheikh Mohamed and President...

QFC Signs MoU with Cyprus Chamber to Boost Bilateral Trade

The Qatar Financial Centre (QFC) has signed a Memorandum of Understanding (MoU) with the...

Oman And Qatar Discuss Iran Talks And Stability

Oman and Qatar have reaffirmed their support for diplomatic efforts aimed at reducing regional...

Trump Discusses Ending Gaza War with Saudi Crown Prince, US State Department Confirms

US President Donald Trump has held discussions with Saudi Crown Prince Mohammed bin Salman...

Muscat Stock Market Signs Agreement to Support Small Businesses

The Muscat Stock Exchange signed a memorandum of cooperation with the Oman Academy for Small and Medium Enterprises today. This strategic agreement aims to...

Oman Mining Growth Drives Mineral Output Past 5.5 Million Tonnes

The mining sector in Al Buraimi Governorate experienced significant expansion during 2025. Officials reported that total mineral production surpassed 5.59 million tonnes across active...

UAE Airfares May Stay High Through 2026

UAE airfares could remain elevated through much of 2026 as regional disruptions continue affecting aviation capacity. A new analysis warns that higher fuel expenses...

UAE Flight Disruptions Continue Amid Regional Tensions

UAE flight disruptions continued Wednesday as major airlines adjusted selected services amid heightened regional security concerns. Emirates, Etihad Airways, Air Arabia, and flydubai continued...

Saudi Treasury Holdings Rise to $142.5 Billion

Saudi Treasury holdings increased 1.56 percent in June, reaching $142.5 billion amid shifting global investment patterns. The Kingdom increased its exposure from $140.3 billion...

Saudi Sukuk Issuance Reaches $2.54 Billion

Saudi sukuk issuance reached SR9.52 billion, or approximately $2.54 billion, during August as borrowing accelerated. The latest offering marked a 77.94 percent increase compared...

Hormuz Shipping Risks Push Oil Prices Higher

Oil prices rose for a fourth consecutive session Wednesday as Hormuz risks intensified amid uncertainty over shipping conditions. Brent crude futures gained 69 cents,...

Saudi Arabia Condemns Attacks in Iraqi Kurdistan

Gulf condemnation intensified on Tuesday after Saudi Arabia, the UAE and Qatar denounced attacks targeting senior officials in Iraq’s Kurdistan Region. Saudi Arabia issued its...

Gold Prices Remain Stable in Baghdad and Erbil

Gold prices Iraq remained largely stable in Baghdad and Erbil on Tuesday, with traders reporting little change from the previous day. In Baghdad, wholesale prices...

Dollar Exchange Rates Diverge in Baghdad and Erbil

Dollar exchange rates moved in opposite directions in Baghdad and Erbil on Tuesday morning, while remaining near 154,000 Iraqi dinars per $100. The US dollar...

Qatar Airways To Resume Kuwait, Bahrain, Erbil Flights

Qatar Airways will resume flights to Kuwait, Bahrain and Iraq's Kurdistan Region capital, Erbil, from Aug. 8, the airline announced on Thursday. In a post...

Kuwait And China Advance Strategic Development Projects

Kuwait and China are moving ahead with a series of major development projects under their strategic partnership, as agreements signed in 2023 continue to...

Oman Chosen To Represent Asia At World Bank Meeting

Oman has been selected to represent Asia at the World Bank’s Africa Transport Policy Program meeting, which is scheduled to take place in Cairo,...

Iraq Opens New Gas Storage Facility In Najaf

Iraq has launched trial operations at a new liquefied gas storage facility in Najaf as part of efforts to strengthen the country's energy infrastructure...

Follow us