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Philippines' commitment to resolving maritime disputes through diplomatic means.

The Philippines Continues Diplomatic Conversation with China Despite Increasing Tensions in the South China Sea

World Economic Magazine April 8, 2024

President Ferdinand Marcos Jr.’s call for continued dialogue with China underscores the Philippines’ commitment to resolving maritime disputes through diplomatic means. As regional tensions remain high, the upcoming summit and ongoing diplomatic efforts reflect a concerted push for stability and cooperation in the South China Sea.

Shareholders of Bank Muscat Approve the EMTN Program and Cash Dividend

World Economic Magazine April 4, 2024

With the approval of critical initiatives such as the EMTN Programme and a generous cash dividend, the Bank Muscat demonstrates resilience and adaptability in navigating evolving market dynamics.

A New Economic Zone to Transform Dhahirah Governorate’s Landscape

World Economic Magazine March 28, 2024

The EZAD project embodies Oman’s commitment to long-term prosperity and socio-economic advancement by fostering collaboration with Saudi Arabia and prioritizing sustainable development practices.

Rising Global Risks Threaten UK Financial Stability

World Economic Magazine March 27, 2024

The Financial Policy Committee (FPC) emphasizes the need for proactive measures to mitigate risks and safeguard the nation’s financial well-being.

Canada’s New Policies on Temporary Foreign Workers

World Economic Magazine March 22, 2024

This decision follows concerns over housing shortages and strains on public services, prompting Ottawa to take action. Restrictions on temporary worker permits are set to begin on May 1, with consultations planned with provinces to finalize details

Galfar Engineering & Contracting Company Sustains Growth Momentum Amidst New Contract Awards

World Economic Magazine March 20, 2024

Galfar Engineering & Contracting Company, Oman’s leading construction firm, has experienced a notable increase in its order book, reaching RO579mn by the end of 2023 due to fresh contract awards.

As Canada faces the aftermath of pandemic support

The Impending Wave of Bankruptcy for Canadian Small Businesses

World Economic Magazine February 2, 2024

As Canada faces the aftermath of pandemic support withdrawal, a looming small business crisis threatens economic stability. With thousands of businesses at risk of bankruptcy, the Canadian Federation of Independent Businesses (CFIB) warns of potential insolvencies.

Etihad Rail, Oman, and Al Jazeera Steel Form a Strategic Collaboration

World Economic Magazine February 1, 2024

In a pioneering move, Oman, Etihad Rail Company, and Al Jazeera Steel have forged a transformative alliance to revolutionize logistics in the region. The Memorandum of Understanding emphasizes efficiency and sustainability in transporting raw materials and goods, leveraging the UAE-Oman Rail Network.

Jordan's impressive 63rd position in the Corruption Perceptions Index

Jordan Maintains Anti-Corruption Momentum, Ranks 63rd in Global Index

World Economic Magazine January 31, 2024

Jordan’s impressive 63rd position in the Corruption Perceptions Index (CPI) for 2023, released by Transparency International, signifies its commitment to combating corruption globally. Ranking fourth in the Arab world, Jordan outperformed 117 countries in the CPI, showcasing its dedication to transparency and accountability.

Exploring the Potential, Canadian Bank Stocks for Income Investors in 2024

World Economic Magazine January 30, 2024

In the dynamic landscape of Canadian banking, income investors eye TD Bank and Bank of Montreal as promising prospects for 2024. TD, though consolidating, offers an enticing 4.96% dividend yield, providing patient investors with a reliable income stream.