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NewsDesk
Oil Shipments Through Strait of Hormuz Rebound After US-Iran Deal but Ship Numbers Remain Low
Oil shipments through the Strait of Hormuz have rebounded close to pre-conflict levels following a preliminary peace agreement between the…
Central Bank of Oman Launches National Fintech Strategy to Foster Innovation and Investment
Oman on Tuesday launched its National Fintech Strategy and a dedicated digital portal to accelerate responsible financial innovation, attract investment…
Qatar International Islamic Bank Seeks Holder Approval on Two Senior Sukuk Series
Qatar International Islamic Bank launched a consent solicitation targeting holders of its senior notes identified as SL13 and XO30 on…
New Kuwait Law Adds Sovereign Sukuk to Expand Financing Flexibility
On September 20, 2026, Kuwait's finance minister announced that Law No 90 of 2026 on government sukuk will diversify sovereign…
Qatar Schedules Inaugural Electronic Auction for Abandoned Vehicles on September 28
Qatar's Supreme Judiciary Council and Ministry of Municipality announced this week the first online auction of abandoned vehicles, machinery and…
UAE Stresses Regulatory Readiness for Advanced Nuclear at Paris Conference
A UAE delegation led by the Federal Authority for Nuclear Regulation director-general highlighted the Barakah Nuclear Power Plant's success in…
Cohere and Aleph Alpha Sign Definitive Merger Agreement for Transatlantic AI Entity
Cohere and Aleph Alpha signed a definitive business combination agreement on September 16, 2026, to create a roughly $20 billion…
UAE Banks Set for First Uncushioned Asset Quality Review as Wartime Loan Deferrals Expire
The Central Bank of the UAE's AED 13.5 billion wartime loan deferral program begins expiring this month, delivering the first…
UAE Adopts Updated OECD Guidance for Domestic Minimum Top-Up Tax Compliance
The UAE Ministry of Finance issued Ministerial Decision No. 96 of 2026 on 22 June adopting revised commentary and administrative…
Qatar Labour Officials Review Worker Committees During Construction Sector Roundtable
Qatar's Labour Ministry convened the second roundtable for the construction sector on September 19, 2026, focusing on joint committees to…
Saudi Ministry Reports Deportation of 12635 Law Violators After Week of Inspections
Saudi Arabia deported 12635 violators of residency labour and border security laws in the week of September 10 to 16…
Kuwait Establishes Specialized Judicial Circuits for Economic and Investment Disputes
Kuwait published its Economic Courts Law last month with effect from October 2027, creating dedicated circuits at all three judicial…
Saudi Arabia Deports 12635 Expatriates in Weekly Residency and Labour Crackdown
Saudi authorities deported 12635 people for violating residency labour and border security laws after joint inspections from September 10 to…
Qatar Labour Ministry Convenes Second Roundtable on Construction Worker Participation and Safety
Qatar's Labour Ministry held its second roundtable for the construction sector on September 19, 2026, focusing on joint committees to…
Qatar Judiciary Council Sets Electronic Auction for Abandoned Vehicles and Machinery
The Supreme Judiciary Council announced on September 20, 2026, that abandoned vehicles along with machinery and equipment will be sold…