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Posted on July 5, 2026

Robot Ahmed and Evoha crowned winners in StartUp Bahrain Pitch

AI-POWERED educational robot ‘Robot Ahmed’ clinched first place at the 26th edition of the StartUp Bahrain Pitch, followed by AI energy management platform ‘Evoha’ in second place.
Posted on July 5, 2026

Kuwait’s Non-Oil Business Activity Contracts amid Regional Tensions

Kuwait’s non-oil private sector came under renewed pressure in June, as regional tensions and rising prices weighed on demand. The result was a sharper contraction in both business activity and new …
Posted on July 5, 2026

70% of UAE professionals use AI daily – IBPC Dubai’s inaugural TechPulse MEA 2026 maps the next wave of enterprise transformation

Industry Leaders explore how AI, governance and digital innovation will shape business strategy over the next 15 months …
Posted on July 5, 2026

Saudi Arabia’s Non-oil Private Sector Grows in June, New Orders at Four-month High

The latest Riyad Bank Purchasing Managers’ Index (PMI), released on Sunday, showed that growth in Saudi Arabia’s non-oil private sector accelerated markedly at the end of the second quarter. The …
Posted on July 5, 2026

Electricity Expenditure in Iraq “10x Higher than Needed”

From Rudaw. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Electricity expenditure in Iraq 10 times higher than actual need: NGO The …
Posted on July 5, 2026

Iraq Approves Preliminary Agreements to Study Strategic Oil Export Pipeline Projects

Iraq’s cabinet approved Basra Oil Company signing “a heads of agreement”, or preliminary agreement, and a non-disclosure agreement with a consortium including US companies Capital TI ‌and Chevron ‌and …
Posted on July 5, 2026

South Korea’s exports hit fastest growth since 1978 as AI chip demand surges

South Korea’s exports surged 70.9 per cent in June, marking the fastest annual growth since 1978, as booming global AI investment drove record semiconductor shipments and pushed the country’s monthly …
Posted on July 4, 2026

Macao gaming revenue sees historic decline in April, down 96.8%

Macao casinos experienced their worst gross gaming revenue decline in history in April with revenue down 96.8 percent compared with April 2019, the Gaming Inspection and Coordination Bureau reported …
Posted on July 4, 2026

EU Bolsters Armenia with €18 Million Support Amid Russian Trade Pressure

The European Union has pledged an additional €18 million in economic support for Armenia and eased export rules amid Russian trade restrictions. This move comes as Russia implements trade barriers due …
Posted on July 4, 2026

Hong Kong shrugs off sceptics as assets under management hit record $5.4 trillion

Hong Kong’s assets under management climbed 20 per cent to a record HK$42.2 trillion in 2025, fuelled by a surge in global investor inflows and a revival in Chinese markets, strengthening the city’s c …

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