Middle East

Oil prices rise to $71.73 on Red Sea tensions, China’s new plan

West Texas Intermediate (WTI) crude futures jumped 1.8 percent to $68.09 per barrel

UAE GCAA issues region’s first regulation for certifying air navigation service providers for drones

The new regulation includes all essential elements for certifying drone air navigation service providers

World Bank presents $1 billion program for Lebanon reconstruction

Reconstruction and recovery requirements following the conflict that affected Lebanon are estimated at $11 billion

Nasdaq Dubai welcomes $1 billion sukuk listing by Government of Ras Al Khaimah

The issuance attracted strong investor interest, with orders exceeding $4.4 billion, reflecting market confidence

Ripple secures Dubai license to offer crypto payments in UAE

The approval enables Ripple’s compliance-first global payments product to be accessible for businesses in the UAE

Egypt’s drive for gender equality: A necessity for economic prosperity

Comprehensive, well-designed reforms, and investing in the empowerment of women keep country on track for future growth

Qatar Airways boosts global network with 11 new destinations as demand surges

New flights will connect major cities like Sharjah, Amsterdam, London, Madrid, and Tokyo Narita

Empowering women entrepreneurs in Abu Dhabi: Ra’idah initiative launched

The program will equip entrepreneurs with vital skills in digital and social media marketing for growth

Renewable generation in Middle East expected to rise by about 14 percent yearly from 2025-2027: IEA

The UAE leads regional solar PV growth, with a 23 percent annual average growth rate through 2027