Iraq mulls increasing oil production to 8 mn bpd by 2027
The same was revealed by Iraqi oil minister Ihsan Abdul Jabbar...
Middle East
Air Arabia bounces back as it reports $12 mn profit for H1
The low-cost airline registered profit for three months in a row since...
Dumat Al-Jandal wind turbine trial begins in Saudi Arabia
The project is set to become the largest wind farm in the...
Saudia signs agreement with GE Digital for digital transformation
The contract extends the partnership between Saudi Arabian Airlines and GE to...
Value of Dubai residential properties jumps in Q2 2021
The second quarter of 2021 saw the Valustrat Price Index grow by...
UAE Central Bank to launch its digital currency in five years
The launch is a part of UAE’s monetary 2023-2026 strategy plan to...
Saudi Aramco to raise billions from asset sales
Saudi Aramco raised around $12.4 bn by selling the leasing rights over...
Kuwait cancels the $2 bn Jurassic gas project
The move is being made to cut down on the capital expenditure...
VAT in Oman and its economic implications
Oman recently introduced a 5% value-added tax (VAT), becoming the fourth Gulf...
Amazon brings digital payment to its ME customers in partnership with Zurich
This partnership with Zurich will help customers pay their insurance premiums digitally...