Wednesday, January 07, 2026

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MENA

January 5, 2026 11:02 AM

GCC forces take part as Gulf Shield 2026 begins in Saudi Arabia

Gulf Cooperation Council forces have begun a major joint military exercise in Saudi Arabia aimed at strengthening collective defence and improving regional military coordination. The Saudi ministry of defence said the exercise, titled “Gulf Shield...

January 5, 2026 10:59 AM

Sheikh Mohammed bin Rashid marks 20 years as UAE prime minister

Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, marked the 20th anniversary of his assumption of the office of Prime Minister on January 5, 2006, in a gathering with current and former ministers...

January 5, 2026 10:56 AM

Iran government triples subsidies to meet people’s needs

Iran has announced a major increase in government subsidies as it moves to ease the impact of rising prices and the weakening rial on households. The government says monthly subsidies will rise from three million rials to ten million rials per househ...

January 4, 2026 5:32 PM

Oman launches $29.77 billion budget, targets 4 percent growth

Oman has approved a $29.77 billion general state budget for 2026, projecting public expenditure of about $31.15 billion and setting a target of around 4 percent economic growth, as the sultanate continues to diversify from its reliance on oil. The bu...

January 4, 2026 5:26 PM

OPEC+ to keep oil output steady despite turmoil

OPEC+ has agreed in principle to maintain steady oil output despite rising political tensions among key members and widening geopolitical uncertainty. The eight participating countries, Saudi Arabia, Russia, the United Arab Emirates, Kazakhstan, Kuw...

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