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China Unicom Launches in Dubai

China Unicom (Middle East) Operations Limited officially launched its operations in Dubai United Arab Emirates this week, marking a pivotal milestone in the telecommunications giant's global expansion strategy.

Iraq surpasses Saudi Arabia as Top Oil Exporter to U.S.

Iraq has emerged as the second-largest oil exporter to the United States, surpassing traditional suppliers such as Saudi Arabia and Mexico, according to a recent report by the U.S. Energy Information Administration.

Iran and Armenia Power Up for Regional Growth

The completion of a 270-kilometer, 400 kV power transmission line between Iran and Armenia, stretching through Armenia’s mountainous and forested terrain is the longest transmission line in the country and is expected to facilitate a more efficient and stable exchange of electricity between Iran and Armenia.

Kuwait Endorses Iraq’s USD 17 Billion Road Infrastructure Project at COP29

At the recent United Nations Climate Change Conference (COP29) in Baku, Azerbaijan, Kuwait's Crown Prince, H.H. Sheikh Sabah Khaled Al-Hamad Al-Sabah, reaffirmed his nation’s support for Iraq’s landmark road infrastructure project, promising 100,000 jobs for the duration of the project.

Bulgaria and Libya Trade Nearly Doubles in a Year

Trade between Bulgaria and Libya hits USD 337 million in the first eight months of 2024, up from USD 173.9 million year-on-year.

Renewable Energy is Africa’s Path to Economic Transformation

At the recent African Utility Week and Power Africa conference, UN Secretary-General António Guterres emphasises the need for Africa to embrace renewable energy as a foundation for its economic and environmental transformation.

RCSI Launches Healthcare Education in Riyadh

The Royal College of Surgeons in Ireland (RCSI) officially launched its operations in Riyadh, Saudi Arabia, marking a significant milestone in its mission to enhance healthcare education in MENA.

Hassana and EIG Sign MoU on Energy Transition Projects in KSA

Collaboration aims to advance selected green energy transition projects in the Kingdom of Saudi Arabia and the rest of the region with EIG’s targeted USD 1 billion dedicated regional fund.

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The K-Drama That Triggered South Koreans

In gun-free South Korea, a bold K-drama, Trigger, has stirred robust debate about weapons and norms within Korean civil society.
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KSA’s 6 Billion Investment in Syria as Regional Diplomacy Realigns

With USD 6.4 billion in fresh deals, the Kingdom is staking its claim on Syria’s future and sending a clear message: Arab-led recovery is back in focus.

KUN’s 50 Million Aims to Accelerate Stablecoin Adoption Amid Hong Kong’s Regulatory Surge

KUN’s recent Series A $50 million funding round signals a pivotal moment for stablecoins, ushering in a new era of regulated, efficient, and cross-border digital payments across Asia.

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Largest IPO in Oman’s History as Part of Divestment Strategy

Oman's sovereign wealth fund Oman Investment Authority announces an Initial Public Offering for 25% of the shares of OQ Exploration & Production, a subsidiary of OQ Group, which is fully owned by OIA. This IPO is set to become the largest in Oman's history on the Muscat Stock Exchange.

Iraq surpasses Saudi Arabia as Top Oil Exporter to U.S.

Iraq has emerged as the second-largest oil exporter to the United States, surpassing traditional suppliers such as Saudi Arabia and Mexico, according to a recent report by the U.S. Energy Information Administration.
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According to Financial Writer Jessica Weisman-Pitts, investors would be wise to keep abreast of Kazakhstan’s fintech sector, where leading technology firms are investing heavily in the nation’s growth thanks to a young, educated workforce and a super ambitious national Digital Agenda.

Tech Lender Ayan Capital to Raise £25 Million in Series A Funding

London-based Ayan Capital, an Islamic car finance platform for private hire vehicle (PHV) drivers is looking to raise up to £25 million in Series A debt and equity funding.

Anime Lovers Unite! Sharjah Animation Conference is Set to Delight!

The Sharjah Book Authority announces its second edition of the Sharjah Animation Conference will take place between 1 to 5 May 2024.