Author: Arabian Media staff
New York, United States – In a bold move that is capturing global attention, international businessman Ugur Akkus has officially entered the world’s most exclusive circle of ultra-high-net-worth individuals with the acquisition of a Boeing 737-based Boeing Business Jet (BBJ)—one of the most prestigious and powerful symbols of wealth, influence, and global mobility. Valued at approximately $75 million, the transaction places Akkus alongside a select group of billionaires, heads of state, and global power players who operate within the highest tier of private aviation. A Statement of Power, Scale, and Global Vision The Boeing Business Jet is not merely an…
For many years, Arab countries have depended heavily on oil for their income. Countries like Saudi Arabia, UAE, and Kuwait earned most of their money from oil exports. But now, things are changing. These countries are working hard to build a non-oil economy to reduce dependence on oil and create a stable future. In this blog, we will understand the difference between oil and non-oil economies and how Arab countries are diversifying. 🛢️ What is an Oil-Based Economy? An oil-based economy depends mainly on oil production and exports for income. Governments earn money by selling crude oil to other countries.…
Oil prices are once again moving upward in the global market. This rise is happening even after an important agreement between Iraqi and Kurdish authorities about oil exports. Many experts expected prices to stabilize after this deal, but the opposite has happened. In this blog, we will understand why oil prices are rising, what this agreement means, and how it can impact the global economy. Understanding the Iraq-Kurdistan Oil Export Deal Iraq and the Kurdistan Regional Government (KRG) have had disagreements for many years regarding oil exports. Recently, both sides agreed on a deal to restart oil exports through pipelines.…
The global energy market is facing serious challenges, and one of the biggest impacts has been seen on TotalEnergies. The company’s global output has dropped by 15% due to the ongoing conflict in the Middle East. This situation is not only affecting the company but also creating ripple effects across the global oil and gas industry. In this blog, we will explain the reasons behind this decline, its impact on the global market, and what it means for the future. What Happened to TotalEnergies? TotalEnergies is one of the world’s leading oil and gas companies. It operates in multiple countries,…
The Saudi stock market recently experienced a positive momentum as Saudi Aramco surged nearly 13%, helping the broader Saudi market record its second consecutive weekly gain. This strong rally reflects improving investor confidence, higher oil price expectations, and renewed optimism about the Middle East’s economic outlook. Saudi Arabia’s financial markets are closely linked to oil prices and energy companies. When a giant like Aramco performs strongly, it usually lifts the entire market. The latest rally has not only boosted Saudi stocks but also attracted international investors who see potential growth in the Kingdom’s economy. In this article, we will explore…
Los Angeles , California- Treebbuz has officially announced the launch of its next-generation Web3 platform built on the Binance Smart Chain (BSC). The platform is designed to deliver a transparent, secure, and automated earning ecosystem powered entirely by smart contract technology. Treebbuz aims to expand access to decentralized financial participation by combining blockchain transparency with community-driven digital asset growth. Decentralized Financial EcosystemTreebbuz operates on blockchain infrastructure that ensures all transactions are verifiable, transparent, and tamper-proof. The platform eliminates centralized intermediaries while enabling users to maintain full ownership and control of their digital assets through personal Web3 wallets. All activities are…
Saudi Arabia’s economy is showing strong progress as the country continues its journey toward economic diversification. In 2025, the Kingdom’s real Gross Domestic Product (GDP) reached 4.5 percent growth, pushing the total economic value to approximately $1.27 trillion. One of the most important highlights of this growth is that non-oil sectors are driving a large portion of the expansion. For decades, Saudi Arabia’s economy depended heavily on oil exports. However, recent reforms and strategic investments are changing that picture. With the government’s Vision 2030 plan, Saudi Arabia is focusing on building a more balanced economy that includes tourism, technology, infrastructure,…
In a startling warning that has captured global attention, Qatar’s Energy Minister has said that Gulf oil exports might stop within just weeks if the war involving Iran and other nations continues. This development could shake global markets, impact everyday fuel prices, and affect economies across the world. In this blog, we will break down what’s happening, why it matters, and what it means for you — all explained in simple language. The information in this article follows the latest statements made by Qatar’s Energy Minister in interviews with international news platforms, including the Financial Times and global news services.…
The UAE economy impact from Iran attacks has quickly become one of the most discussed economic developments in the Middle East. As geopolitical tensions rise, financial markets, trade routes, and business confidence across the Gulf region are experiencing uncertainty. The situation highlights how closely the Iran war and economy Arab markets are connected in today’s global system. Understanding the UAE economy impact from Iran attacks requires analyzing stock markets, oil prices, aviation, tourism, supply chains, and investor sentiment. The economic ripple effects are not limited to the UAE alone; they extend across the broader Gulf Cooperation Council (GCC) and international…
In today’s fast-moving world, staying updated with reliable business news is very important. If you are interested in the Middle East economy, startups, investments, and financial growth, then Economy Arab is a platform you should follow. This article will explain the top business insights you can learn from Economy Arab, how it helps readers understand the Arab market, and why it is useful for students, investors, and entrepreneurs. What Is Economy Arab? Economy Arab is an online platform that shares news and updates about: It focuses mainly on the Middle East and Arab world. If you want simple and clear…