GCC Railway Project Moves Towards Implementation

The GCC Railway Project reached a major...

Oil Prices Fall After Trump Eases Iran War Fears

Oil Prices declined on Tuesday after US...

Solar Power Production Projections Rank UAE First Globally Per Capita

Solar Power Production forecasts position the UAE...

Business

QCB Foreign Reserves Rise 3.81% in February

Doha – The Qatar Central Bank (QCB) recorded a 3.81% increase in foreign currency reserves and liquidity. This reached QR255.916 billion in February 2025,...

UAE to Host Afghanistan and Bangladesh Bilateral Cricket Series

The UAE cricket bilateral series will bring Afghanistan and Bangladesh together in October. Both teams will play six white-ball matches across Sharjah and Abu...

Falling Oil Prices Raise Concerns Over Iraq Reserves

Iraq’s foreign currency reserves have declined over the past two years, raising concerns among...

UAE Simplifies Residence Permit Application Process with Digital Services

Abu Dhabi – The UAE has streamlined its residence permit issuance, renewal, and modification...

Iran and Saudi Arabia Hold First High-Level Call Since Middle East Conflict Began

In a major move for regional de-escalation, Iranian Foreign Minister Abbas Araghchi spoke by...

Iraq’s US Dollar Exchange Rate Edges Higher in Baghdad and Erbil

Iraq’s US dollar exchange rate experienced a modest increase on Sunday in both Baghdad...

Qatar Commercial Bank Issues $600 Million Bond to Boost Growth

Qatar Commercial Bank issues $600 million bond to strengthen funding and support strategic growth plans. The bank and its subsidiary, CBQ Finance Limited, launched...

Qatar Participates in GCC Industry Undersecretaries Meeting

Qatar participates in GCC industry undersecretaries meeting to discuss regional industrial development and cooperation. The country sent a high-level delegation to Kuwait to join...

Qatar e-Arbitration Boosts Business and Investments

Qatar e-arbitration improves the business environment and attracts investments by providing faster, more flexible dispute resolution. The Qatar International Centre for Conciliation and Arbitration...

Saudi Arabia First Mills Acquisition Strengthens Feed Sector

Saudi Arabia First Mills acquisition of a majority stake in Kenan Arabian signals strong growth ambitions. First Milling Company, a leading Saudi milling company,...

Saudi Arabia Foxconn JV Starts Building EV Factory

Saudi Arabia Foxconn JV starts building a new factory to produce electric vehicle chargers, marking a major step in regional expansion. In addition, the...

Bahrain Malaysia Trade Expands Rapidly

Bahrain Malaysia trade has surged to $260 million, signaling a significant step in strengthening bilateral economic ties. This growth highlights the expanding cooperation between...

Saudi Arabia’s Spare Raises $5 Million to Expand in GCC

Saudi Arabia Spare funding raised $5 million in a pre-Series A round to accelerate growth across the GCC. The round was led by anb...

Saudi Arabia Cuts Rates to Strengthen Economy and Riyal

Saudi Arabia cut its key interest rates, signaling a new approach to support the economy. The central bank lowered its repurchase agreement (repo) rate...

UAE Oil Stocks Hit Record Low as Iraqi Supplies Shrink

UAE oil stocks hit record low this week, raising concerns in energy markets across the region. Industry figures showed the sharpest fall in inventories...

Qatar Cabinet Reviews Outcomes of Arab-Islamic Emergency Summit

The Qatar Cabinet decisions took center stage during a meeting at the Amiri Diwan, led by Deputy Prime Minister HE Sheikh Saoud bin Abdulrahman bin Hassan...

Basrah Crude Prices Surge Amid Stable Global Oil Markets

Basrah crude rises again on Wednesday, defying the calm in global oil markets. Investors watched closely as Basrah Heavy and Basrah Medium posted significant...

Saudi Arabia Global Innovation Ranking Climbs to 46th

Saudi Arabia has climbed to 46th place in the latest Global Innovation Index, reflecting the Kingdom's growing focus on research and technology. Moreover, the...

Saudi Arabia Point-of-Sale Spending Holds Above 3 Billion

Saudi Arabia's POS spending remained above $3 billion for the 12th consecutive week, showing strong consumer demand and resilience. Moreover, food and beverages led the spending...

Qatar Administrative Excellence Forum Highlights Corporate Innovation

Qatar hosted the Qatar Administrative Excellence Forum to showcase the vital role of administrative staff in achieving company goals. Moreover, Kahramaa, the Qatar General Electricity and...

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