3+ day, 4+ hour ago  (252+ words) The project is one of the largest digital infrastructure initiatives in Kuwait, with total investment expected at around KD825 million ($2. 7 billion) over the 50-year partnership term, Beyon said in a statement. The contract was awarded by Kuwait's communications ministry and the…...

3+ day, 10+ hour ago  (661+ words) Shipping executives are reluctantly accepting that the Strait of Hormuz may reopen under Iranian administrative control, according to analysts at Lloyd's List. Richard Meade, editor-in-chief of the maritime news outlet, said attitudes across the sector had shifted this week, even…...

3+ day, 10+ hour ago  (476+ words) Turkish markets have been thrown into turmoil after a court annulled a 2023 ballot that installed a new leader for the country's main opposition party, ruling that a former party chairman must be reinstated. Trading on the "stanbul stock exchange was…...

3+ day, 10+ hour ago  (223+ words) Saudi Arabia's Public Investment Fund (PIF), which controls more than $1 trillion in assets, is considering merging its ports, rail and shipping assets into a single entity to overcome supply chain issues caused by the Iran war, according to reports. Discussions…...

3+ day, 9+ hour ago  (348+ words) The latest economic and demographic indicators for Egypt, including GDP, inflation, trade, population, unemployment and more For more, go to our GCC economic data and Mena economic data pages Egypt's GDP per capita has fluctuated greatly in the past few…...

3+ day, 9+ hour ago  (389+ words) Egypt is planning to build a carbon-free textile industrial city with total investments of up to $2 billion, the first of its kind in the Mena region. China's Cloud Chain, a technology company focused on carbon data management solutions, is setting…...

3+ day, 12+ hour ago  (865+ words) The deadlock risks unleashing the worst global energy shock yet US President Donald Trump's recent state visit to China has done little to end the stalemate in the Strait of Hormuz. If anything, Iran appears to have been emboldened enough…...

3+ day, 12+ hour ago  (291+ words) Egypt has announced an oil and natural gas discovery in the Western Desert that should boost domestic production and reduce import costs. The exploratory well has an estimated reserve of 330 billion cubic feet of gas and 10 million barrels of condensate…...

4+ day, 3+ hour ago  (389+ words) Dubai has announced a second economic incentive programme worth AED1. 5 billion ($408 million), just two months after unveiling the first AED1 billion package, to support businesses impacted by the Iran conflict. The latest offer, approved by Crown Prince Sheikh Hamdan bin Mohammed bin…...

4+ day, 9+ hour ago  (273+ words) Qatar's Estithmar Holding is reportedly working with'Paris-based Rothschild & Co on a potential listing of Estithmar's healthcare subsidiary on the Qatari stock exchange. The initial public offering comes as a boost to the local bourse. Qatar has raised only $375 million through…...