Business

Year-Round Tourism Destination: Explore Oman’s Masirah Island

Masirah Island: Unlocking Potential as a Year-Round Tourism Destination Masirah Island, with its stunning landscapes and natural beauty, holds great promise as a year-round tourism...

Kuwait and Saudi Arabia Push Forward Strategic Rail Link Talks

Kuwait and Saudi Arabia continue to deepen regional cooperation through the Kuwait-Saudi railway project, which remains a major transport priority. Recent talks in Riyadh...

Prohibition on Service Cuts During Specific Hours and Days in Oman

The Authority for Public Services Regulation (APSR) in Oman has announced new rules regarding...

Aramco Warns of Global Oil Crisis if Strait of Hormuz Remains Blocked

The Aramco oil warning comes as the company highlights serious risks to global markets...

Saudi Arabia Maintains GCC Inflation Stability and Economic Growth

GCC inflation stability continued through the second quarter, even as geopolitical tensions impacted global...

Baghdad’s New Role in Arab Unity Shines Bright

Baghdad's new role in Arab unity shined brightly during a major summit that brought...

Qatar Industrial Sector Shows Strong Growth Momentum

Qatar's industrial growth continues to rise, driven by government efforts to diversify the economy and support small and medium enterprises. Moreover, warehouse rents and...

Saudi Arabia Bahri Launches First Large-Scale National Shipbuilding

Saudi Arabia's shipping company, Bahri, signed a deal with International Maritime Industries (IMI) to build six Ultramax bulk carriers. This deal marks the Kingdom's...

Kuwait Strengthens Medical Oversight and Launches Winter Vaccine Drive

Kuwait is making significant strides in healthcare. The nation is boosting both its global role and local health services. This important Kuwait's healthcare advancement includes two...

Bahrain and Kuwait Bank Earns Top ESG Reporting Award

The Bank of Bahrain and Kuwait has achieved regional recognition for its leadership in sustainability. The bank won the "Best ESG Reporting in the...

Kurdistan Oil Exports Restart with New Payment Mechanism

The Kurdistan oil exports have entered a new phase with a payment system designed to ensure transparency and stability. The Association of the Petroleum...

Kuwait’s Landmark Bond Sale Signals Strong Investor Confidence

The State of Kuwait has successfully executed a major Kuwait bond issuance. This $11.25 billion sovereign bond sale marks the country's first return to global...

Iraq Faces $10 Billion Services Deficit in First Half of 2025

Iraq’s economy is under mounting pressure as the country’s services deficit surged to $10 billion during the first half of 2025. The latest Balance of Payments...

Bahrain and Oman Boost Economic Ties at Seventh Omani-Bahraini Products Exhibition

The seventh edition of the Omani-Bahraini Products Exhibition opened tonight at Seef Mall in Manama. The event, which runs from September 24 to 28,...

Kuwaiti Crown Prince Drives Economic Partnership Expansion in New York Meetings

The Representative of Kuwait's Amir, Crown Prince Sheikh Sabah Khaled Al-Hamad Al-Sabah, is pursuing a significant economic partnership expansion. He held high-level talks in New...

Babylon Boosts Economy and Tourism with 5-Star Hotel and Industrial City

Babylon has launched a bold Babylon economic and tourism drive to transform its historical and economic landscape. The local government in Babil Governorate is pushing several...

Saudi Company Partners with Iraq to Upgrade Power Plants and Efficiency

Iraq’s Ministry of Electricity is boosting power efficiency by signing a cooperation deal with Saudi Arabia’s Continuous Nitrogen Services. The agreement targets improvements in the country’s...

Jordan to Increase Electricity Supplies to Iraq to 200 Megawatts

Jordan plans to raise electricity supplies to Iraq to 200 megawatts. Officials highlighted this step as part of broader cooperation in the energy sector....

Qatar Private Sector Growth Drives Economy Forward

Qatar's economy continues to achieve rapid growth, with the private sector playing a key role. Moreover, the government has implemented a clear strategy to...

Saudi Arabia’s Non-Oil Exports Surge with Machinery and Electrical Equipment

Saudi Arabia's non-oil exports jumped 30.4 percent, reaching $9 billion. Machinery, electrical equipment, and parts led the surge, becoming the largest part of the...

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