Regional
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Kuwait construction sector to see growth nearly 5% annually through 2029
GlobalData, the London-based analytics firm, has projected that Kuwait’s construction sector will record an average annual growth rate of 4.9%…
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GCC tourism revenues reach $120 bln, raising global share to 7.5% in 2024
Data released by the Statistical Centre for the Gulf Cooperation Council (GCC) indicate that the region’s share of global tourism…
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White House names peace council to oversee Gaza’s transitional administration
The White House on Friday announced the formation and membership of what it termed the “Peace Council,” a body tasked…
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US troop pullout and Iran airspace shutdown spark fears of imminent strike on Tehran
A rapid sequence of emergency moves by the United States and Iran has intensified speculation that a military strike on…
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Open call for Middle East Designers in ‘Creators of Craft’ design challenge
IQOS, one of the leading brands of smoke-free products, in partnership with Vogue Arabia and the Italian design house Seletti,…
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Saudi Arabia’s oldest known man, Nasser Al Wadaei, dies at 142
Nasser bin Radan Al Rashid Al Wadaei, believed to be Saudi Arabia’s oldest known man, has passed away at the…
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Gulf mega-projects surge as Kuwait crosses $220 billion mark and Saudi Arabia storms past $2 trillion
The Gulf’s project landscape is accelerating at a historic pace, with Kuwait’s pipeline of planned and ongoing developments surging to…
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‘Gulf Shield 2026’ military exercise kicks off in Saudi Arabia with Kuwaiti participation
The “Gulf Shield 2026” joint military exercise has officially commenced in the sisterly Kingdom of Saudi Arabia, with the participation…
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Fitch predicts Brent crude at $63 in 2026, paving way for Gulf fiscal surpluses
Fitch Ratings’ head of sovereign ratings for the Middle East and Africa, Paul Gamble, forecast that Brent crude oil prices…
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Toman in freefall, bazaar in revolt: Iran’s economic crisis reaches breaking point
Iran is facing one of the most acute economic breakdowns in its post-revolutionary history, as a collapsing currency, a deeply…
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