Business

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...

Iraq Plans Rapid Recovery of Oil Exports After Strait of Hormuz Reopens

A swift rebound in Iraq’s energy sector is expected as officials confirm plans for restoring operations once conditions stabilize in the Strait of Hormuz....

Oman–EU Dialogue Deepens Bilateral Cooperation

Oman–EU cooperation entered a new phase this week as senior officials met in Brussels...

Philippine School Oman Celebrates 35 Years of Excellence

On February 21, 2025, Philippine School Oman (PSO) celebrated its 35th Founding Anniversary. The...

UAE Hosts First-Ever BRICS Finance Track Event on Infrastructure Partnerships

In a significant step, the UAE hosted the first-ever BRICS Finance Track Working Group Taskforce...

Trump Says Iran Deal Could end Conflict, Reopen Hormuz

US President Donald Trump said on Wednesday that the conflict involving the United States,...

Oman to Become Global Hub for Advanced Air Mobility

Oman is set to lead the world in advanced air mobility with the Oman Operational Launch Programme (OLP). This initiative, led by Odys Aviation,...

UAE Strengthens Legal Ties With Kazakhstan Through Strategic Consultations

The UAE took a major step toward enhancing legal cooperation with Kazakhstan during the first consultations between their foreign ministries’ international law departments. Officials...

UAE Expands Digital Oversight with Major Step Toward Global Tax Transparency

The UAE advanced its regulatory landscape after adopting the OECD’s Crypto-Asset Reporting Framework, a major step toward boosting financial transparency across its fast-growing digital...

Bahrain and Oman Deepen Strategic Ties Through Expanding Economic Cooperation

Khalid Mohammed Najeebi highlighted Bahrain’s strong relationship with Oman during the Sultanate’s National Day celebrations, stressing the importance of advancing regional unity across the...

Lawmakers Advance Key Tender Reform in Crucial Meeting With Bahrain Chamber

The Finance and Economic Affairs Committee moved forward with important discussions aimed at strengthening economic governance during its meeting on Wednesday morning. Lawmakers stressed...

Rafad Pushes Forward With Major Murkan Quarter Deal at Cityscape Global 2025

Rafad moved closer to shaping future development in Al Khobar after signing a major agreement with Mohammed Salahuddin Engineering Consultants during Cityscape Global 2025...

Aramco Strengthens US Ties With Major $30 Billion Deals

Saudi Aramco entered a new phase of strong economic partnership with US companies during the 2025 US-Saudi Investment Forum in Washington, D.C. The company...

Zain and AOU Partner to Drive Empowering Youth and Innovation in Kuwait

Zain Kuwait and the Arab Open University (AOU) signed a memorandum of understanding to strengthen youth empowerment and innovation in Kuwait. This partnership focuses...

Safari Group Opens New Club House to Boost Employee Well-Being

Qatar’s Safari Group recently inaugurated a state-of-the-art Club House, emphasizing employee well-being as a top priority. The facility aims to provide relaxation, recreation, and...

Bahrain Pushes Arbitration Forward as Courts Face Growing Pressure

Bahrain continues to strengthen regional legal confidence as commercial activity grows across the Gulf. The rising number of disputes encourages faster and more dependable...

UAE Aims for Mandatory Sustainable Aviation Fuel to Boost Green Aviation

The United Arab Emirates is accelerating efforts to implement sustainable aviation fuel, reflecting its ambition to lead global aviation sustainability. Authorities are considering moving...

UAE and South Korea Forge Stronger Ties in Centennial Economic Partnership

South Korea and the United Arab Emirates (UAE) are set to strengthen their centennial economic partnership, following a high-level summit in Abu Dhabi on...

Umm Al Houl 3 Substation Boosts Qatar’s Free Zone Power Supply

Qatar’s energy infrastructure reached a new milestone with the launch of the Umm Al Houl 3 substation. The project strengthens electricity supply and supports...

US Firms Eye Kurdistan as Energy Investment Gains Momentum

US energy companies are increasingly targeting the Kurdistan Region, highlighting the growing importance of Kurdistan energy investment. Moreover, this interest comes after the reopening...

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