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KNPC, NCPI sign MoU to localize MAN production

Kuwait National Petroleum Company (KNPC) and NCPI sign a memorandum of understanding to localize MAN production, signaling a strategic shift in oil investments and strengthening public-private sector…

Source: Arab Times Business

Top crude oil producers: not all are OPEC members

A report notes that among the world’s top six crude oil producers, four are outside OPEC, and the five largest producers are not all members of the organization. The findings highlight that governing control…

Source: Arab Times Business

Bond issuances: Investors need to be fully aware the market

A Gulf Times Business piece notes that bonds occupy a significant role globally in finance, corporate, and banking sectors. It emphasizes that governments and international financial institutions frequently…

Source: Gulf Times: Business

Industrial projects bolster Oman investment drive

Hotpack and Sea Pride plan to establish a packaging complex in Khazaen Economic City, with investment expected to exceed RO 30 million over three years, as part of broader industrial partnerships driving…

Source: Oman Observer: Economy

Europe’s LNG Imports Fall 13% in Q3 2026

Europe’s LNG imports declined 13% year-on-year to 21.52 million metric tons in Q3 2026, compared with 24.73 mmt in Q3 2025, according to Attaqa’s energy research unit (report published Oct 16). The decrease…

Source: Egypt Oil & Gas

Aramco JV refinery in China receives first crude shipment

A Saudi Aramco joint venture, Huajin Aramco Petrochemical, located in Panjin, Liaoning, China, has received its first shipment of crude oil as it moves toward commercial operations at a 300,000 bbl/d refinery…

Source: Egypt Oil & Gas

Discipline-Driven Growth Approach Highlighted at Capital Haus

A profile of Brendan Gow, Founder and Executive Chairman of Capital Haus, emphasizing a selective expansion strategy that prioritizes disciplined decision-making over pursuing every opportunity. The piece…

Source: Gulf Times: Business

Oman hosts fifth World Military Beach Volleyball Championship

Oman hosts the fifth World Military Beach Volleyball Championship for 2026, launching this event at the Sultan Qaboos Sports Complex in Bausher. Details on participants and schedule remain to be confirmed.

Source: Oman Observer: Community

OJK approves merger of two BPR banks in Magelang

Indonesian financial regulator OJK approves the merger of PT Bank Perekonomian Rakyat Mulyo Lumintu into PT BPR ... in Magelang, central Java. Details on the beneficiary parties or final structure were not…

Source: ANTARA Financial News

AI platform targets Oman construction claims

Masin AI has launched an artificial intelligence platform in Muscat to assist project owners, contractors and consultants with construction contracts and claims in Oman, aiming to streamline processes in the…

Source: Oman Observer: Economy

US Treasury urges renaming AI as “super intelligence”

A US Treasury–related call for global partners to rename artificial intelligence as “super intelligence” highlights ongoing framing discussions about the technology. Details on adoption, policy, or criteria…

Source: Oman Observer: Economy

Eni CEO Calls for EU ETS Suspension to Ease Industrial Costs

Claudio Descalzi, CEO of Eni, urged the European Union to suspend its carbon emissions trading system (ETS) to reduce pressures on the bloc’s industrial sector amid ongoing crises in Ukraine and Iran. He said…

Source: Egypt Oil & Gas

TSMC Posts Record Profit as AI Chip Demand Surges

Taiwan Semiconductor Manufacturing Company reports a 68.7% year-on-year rise in third-quarter net profit, reflecting strong demand for AI chips. The report notes continued momentum in the AI semiconductor…

Source: Arab Times Business

France faces higher borrowing costs, says finance minister

France’s finance minister described rising government debt interest rates as an alarm signal. While investors retain confidence in Paris’s bonds, the heightened costs are noted as a warning sign for the…

Source: Daily Sabah: Economy

IMF projects 7.7% UAE growth for 2027

The International Monetary Fund (IMF) forecasts the United Arab Emirates’ economy to grow by 7.7% in 2027, marking it as one of the fastest-expanding and most efficient economies in the Gulf region. The IMF…

Source: Al Khaleej: UAE Markets

Oman and Bahrain Review Educational Cooperation

In Muscat, Oman’s Minister of Education discussed educational cooperation with Bahrain’s Ambassador, indicating ongoing dialogue on strengthening ties in the education sector. Details on agreements or…

Source: Oman Observer: Oman

ACE 2026 offers Leapmotor B10 with EZ5 package, Malaysia

A Malaysian auto event, ACE 2026, promotes Leapmotor B10 with an EZ5 package valued at RM11,188, including insurance, tinting, and a wallbox installation. The event is scheduled to run at the Setia City…

Source: Paul Tan’s Automotive News

Kingfish fishing ban ends on October 15 in Oman

Oman’s Ministry of Agriculture announces that the seasonal kingfish fishing ban will end on Thursday, October 15, 2026, with fishing resuming along all coastlines on Friday, October 16, 2026. The notice…

Source: Oman Observer: Community

Oman Seen Maintaining 2.4% Growth This Year, IMF Says

The IMF projects Oman to be the Gulf’s sole country with positive growth this year, at about 2.4%. Details from the IMF assessment are not provided in the sourced material. Uncertainty remains about broader…

Source: Oman Observer: Economy

Türkiye reports 17 funds settled; eyes Atlas deal this week

Turkey’s Vice President Cevdet Yılmaz said 17 investment funds ordered liquidated after last month’s crisis have settled, with talks on an ordinary liquidation ongoing and potential progress toward an Atlas…

Source: Daily Sabah: Economy

Nobel Prize in Economics Awarded to Hall and Woodford

American-born economists Robert E. Hall and Michael Woodford receive the Nobel Prize in economics for work on microeconomic foundations of macroeconomic stability. The announcement highlights their…

Source: Daily Sabah: Economy

Indonesia warns how to tell if car battery is weakening

An Indonesian automotive article explains signs that indicate a vehicle battery (aki) is weakening, highlighting its importance in supplying electrical power to start the engine. The piece notes practical…

Source: ANTARA Economy

Qatar's Finance Minister Meets Lord Mayor of London

The Minister of Finance of Qatar, Ali bin Ahmed Al Kuwari, met with Dame Susan Langley, the Lord Mayor of the City of London, during her visit to Qatar. Details of discussions or outcomes were not provided in…

Source: Qatar News Agency: Local Economy

OMRAN recognised for ‘Gifted’ Programme in Oman

Oman Tourism Development Company (OMRAN Group) has been recognised among leading social responsibility initiatives by private-sector institutions in Oman for its ‘Gifted’ Programme.

Source: Oman Observer: Community

Proton market share in Malaysia reaches 12-year high

According to JPJ registration data, Proton accounted for 23.9% of all new vehicle registrations in Malaysia from January to September 2026, the highest market share since 2011. No other figures or authorities…

Source: Paul Tan’s Automotive News

Oil prices hinge on Hormuz navigation

Oil markets remain unsettled as traders await clarity on safe navigation through the Strait of Hormuz. If the strait cannot be fully secured, potential disruptions to global oil supplies could influence…

Source: Arab Times Business

Oman’s International Financial Centre targets 2027 launch

The International Financial Centre of Oman (IFC Oman) intends to start registering companies later in the year, with full licensing operations anticipated in 2027, as it progresses its development plans.

Source: Oman Observer: Economy

Bank Liquidity Need Rises in September (Morocco)

Morocco’s central bank reduced overall injections to 152.5 billion MAD as the liquidity need grew to 136.5 billion MAD in September. The injections comprised 57.1 billion MAD of 7-day advances, 47.6 billion…

Source: La Vie Éco

Morocco-Dirham depreciates against the dollar by 2.95%

According to La Vie Éco, official foreign reserves stood at 515.7 billion dirhams on October 2, up 1.8% versus the prior week and 23% year over year. The report notes a 2.95% depreciation of the dirham…

Source: La Vie Éco

Türkiye extends high-speed rail network to EU border

Türkiye opened the Çerkezköy-Kapıkule section of its Halkalı-Kapıkule railway, extending the national high-speed rail network toward the Bulgarian border. The new section measures 153 km, linking domestic…

Source: Daily Sabah: Economy

Bahrain: Authorities Rearrest Pardoned Detainees

Bahraini authorities have rearrested at least nine men who had previously been released from prison under royal pardon, according to the Bahrain Institute for Rights and Democracy (BIRD) and Human Rights…

Source: Bahrain Institute for Rights and Democracy

US, Russia discuss gas sale to Europe amid Ukraine conflict

Russian and US officials reportedly held discussions on involving a US investor in Nord Stream gas flows to Europe, amid ongoing Ukraine war tensions. Details, timelines, and parties involved remain unclear;…

Source: Oman Observer: Economy

BNI updates WOND R features for priority customers

Indonesia’s PT Bank Negara Indonesia (Persero) Tbk (BNI) announced updates to the WOND R digital features available to priority customers, signaling continued enhancement of its digital banking suite.

Source: ANTARA Financial News

Dukhan Bank posts nine-month net profit of QR1.19bn

Dukhan Bank reports a nine-month net profit of QR1.19 billion for 2026, with total assets rising to QR126.8 billion (up 2.4% from December 2025) and a loan book of QR94 billion. Earnings per share are…

Source: Gulf Times: Business

Ooredoo Qatar Signs Strategic Agreement with McKinsey & Company

Ooredoo Qatar has signed a strategic agreement with McKinsey & Company to support its next phase of transformation, with a focus on digital technologies and artificial intelligence (AI). The announcement…

Source: Qatar News Agency: Local Economy

QSE Index Opens Higher on Opening Trade

The Qatar Stock Exchange (QSE) opened with a marginal gain, up 0.04% and 3.75 points to 9,263, supported by gains across three sectors. No further details on sectors or drivers beyond the opening move.

Source: Qatar News Agency: Local Economy

Oman’s HM Sultan Haitham concludes Kazakhstan visit

His Majesty Sultan Haitham bin Tariq has completed a two-day state visit to Kazakhstan, with the Oman News Agency reporting the conclusion of engagements in Astana. Details of meetings and outcomes have not…

Source: Oman Observer: Oman

Spain approves urgent housing decrees after unrest

Spain’s government approved emergency housing measures following violence in Barcelona tied to housing concerns, with details of the decrees not disclosed. The situation remains uncertain as authorities…

Source: Daily Sabah: Economy

Investors in Morocco’s Critical Minerals Stand Out

A Moroccan surge in critical mineral mining has seen hundreds of millions of dollars invested to develop numerous deposits. A focused look highlights a cluster of investors who are emerging as standout…

Source: La Vie Éco