News
Energy, Iraq
Iraq Signs Deal With US Company SLB to Increase Gas Production at Akkas Field
Iraq Signs Deal With US Company SLB to Increase Gas Production at Akkas Field Iraq’s Ministry of Oil has signed a deal…
Banking & Insurance, Riyadh, Saudi Arabia
Riyad Bank’s Profit Rises 15% to $1.35 Billion in First Half of 2025
Riyad Bank’s Profit Rises 15% to $1.35 Billion in First Half of 2025 Riyad Bank in Saudi Arabia made a profit of…
Economy, Investment, Oman
Oman’s Foreign Investment Reaches $79.6 Billion in Early 2025, Led by Oil and Gas
Oman’s Foreign Investment Reaches $79.6 Billion in Early 2025, Led by Oil and Gas Oman’s foreign direct investment (FDI) grew to $79.6…
Saudi Arabia, Stock Markets, UAE
Al-Futtaim to Buy Nearly 50% of Saudi’s Cenomi Retail for $667 Million
Al-Futtaim to Buy Nearly 50% of Saudi’s Cenomi Retail for $667 Million Al-Futtaim, a major business group from the UAE, is planning…
Banking & Insurance, Qatar
QNB Group Raises $1 Billion Through Bond Sale
QNB Group Raises $1 Billion Through Bond Sale QNB Group has raised $1 billion by selling bonds as part of its Medium-Term…
Energy, Saudi Arabia
ACWA Power Signs New Deal With Senegal for Desalination Plant After Cost Review
ACWA Power Signs New Deal With Senegal for Desalination Plant After Cost Review ACWA Power, a company from Saudi Arabia, has made…
Economy, Qatar
Qatar Reports $208 Million Budget Deficit in Q2, Ending 3-Year Surplus Run
Qatar Reports $208 Million Budget Deficit in Q2, Ending 3-Year Surplus Run Qatar had a budget deficit of $207.6 million in the…
Abu Dhabi, Energy, Investment
ADNOC to Move 24.9% Stake in Austria’s OMV to Its Investment Arm XRG
ADNOC to Move 24.9% Stake in Austria’s OMV to Its Investment Arm XRG The Abu Dhabi National Oil Company (ADNOC) announced on…
Bahrain, Economy
Bahrain and US Sign $17 Billion Deals to Boost Economic Ties
Bahrain and US Sign $17 Billion Deals to Boost Economic Ties Companies from Bahrain and the United States have signed deals worth…