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Saudi VC Firm Khwarizmi Ventures Secures Over $70 Million for Second Early-Stage Fund
Khwarizmi Ventures completed the first close of its Fund II at more than $70 million in February 2026, the Saudi-based…
UAE Apartment and Villa Sales Climb to AED 84.4 Billion in First Half of 2026
Emirates News Agency reported on July 6 2026 that UAE apartment and villa sales reached AED 84.4 billion in the…
UAE Real Estate Transactions Climb Sharply in First Half of 2026 on Sustained Investment
The UAE property market posted strong growth in the first half of 2026 as apartment and villa sales jumped 173.9…
Iraqi Oil Ministry Awards Halliburton Five-Year Contract for Basra Field Expansion
Iraq's Ministry of Oil signed a five-year integrated management contract with Halliburton on July 6, 2026, to develop the Bin…
Sharjah Officials Detail Multi-Year Strategy to Elevate ACRES as International Property Investment Platform
On July 6, 2026, Sharjah authorities unveiled a strategic roadmap to position the ACRES real estate exhibition as a premier…
Iranian Envoy Outlines Service Fees for Hormuz Transit with Special Terms for Allies
Iran's ambassador to China stated July 4, 2026, that Tehran will impose service fees on ships using the Strait of…
Euromoney Names NBK Wealth Kuwait Leader for Next-Generation Client Services in 2026
NBK Wealth was named Kuwait's Best for Next-Gen 2026 by Euromoney in the publication's private banking awards, the wealth manager…
Ahli Islamic Money Market Fund Crosses OMR 100 Million AUM Milestone
ahlibank Asset Management announced on July 5, 2026, that its Ahli Islamic Money Market Fund had surpassed OMR 100 million…
Gulf Bank Honoured for Sustainable Branch Upgrades and Targeted Youth Banking Products
Gulf Bank announced on July 5 2026 that it secured the Branch Innovation Award and Gen Z Product Award from…