Kuwait Oil Company to invest $1.6 bn on oil exploration in the next five years
The company aims to increase production to four mn bpd by 2040...
Middle East
UAE to lower diesel and petrol prices from September 1
After six months of increased rates, motorists will pay less for both...
African fintech OPay raises $400 mn funding to expand in the Middle East
The latest funding round was led by Softbank...
Etisalat Group offers $505 mn to fully acquire Etisalat Investment North Africa
Etisalat has acquired an 8.7% stake in Etisalat Investment North Africa (EINA)...
Dubai villa prices rise as demand increases for open space
The average rent for villas rose by 2.6% in the second quarter...
Emirates airline suspends flights to Kabul until further notice
This decision comes after it was announced that the Talibani militant group...
Iraq mulls increasing oil production to 8 mn bpd by 2027
The same was revealed by Iraqi oil minister Ihsan Abdul Jabbar...
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...