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Kuwait’s Ambitious Drive to Energize Oil and Gas Sector with $5.6 Billion Investment

Kuwait's strategic investment of $5.6 billion in its oil and gas sector signals an unwavering commitment to secure its energy…

2 years ago

Oman’s Tourism Boom, A Catalyst for Economic Growth and Foreign Exploration

Oman's tourism sector experienced a remarkable resurgence in 2022, with a 47.3% increase in income, soaring to RO1.9 billion. Domestic…

2 years ago

Bank of America Agrees to Pay $250 Million in Refunds and Fines

Bank of America, one of the largest banks in the United States, has agreed to pay over $250 million in…

2 years ago

Philippines Faces Hot Money Outflows Amid Global Economic Uncertainty

Amidst a backdrop of global economic uncertainty, the Philippines has witnessed a notable outflow of speculative funds, totalling $805 million…

2 years ago

Singapore’s Central Bank Penalize Major Financial Institutions for Anti-Money Laundering Breaches

Singapore's central bank, the Monetary Authority of Singapore (MAS), has imposed fines totaling S$3.8 million on leading financial institutions Citibank,…

2 years ago

India and China Lead Russian Crude Oil Purchases, Shifting Global Dynamics

In a remarkable turn of events, India and China have emerged as dominant players in the global oil market, cementing…

2 years ago

Oman Witnesses A Surging Demand for Postpaid Mobile and Internet Subscriptions

In a remarkable shift, Oman's telecommunications sector has experienced a surge in postpaid mobile and internet subscriptions, signaling a change…

2 years ago

Sound Energy Partners with Calvalley Petroleum for Tendrara Exploitation in Morocco

Sound Energy PLC has signed a significant agreement with Calvalley Petroleum Ltd to secure funding for exploration operations in Morocco's…

2 years ago

US Crypto Crackdown Regulators Target Coinbase and Binance, Raising Calls for Comprehensive Regulation

US regulators have intensified their scrutiny of major players to assert greater control over the burgeoning cryptocurrency industry. The Securities…

2 years ago

National Bank of Kuwait-Egypt Achieves Impressive Growth with Strong Financial Performance

NBK-Egypt Achieves Record Profits, Paving the Way for Growth and Innovation in Egyptian Banking. Strong financial results, strategic investments, and…

2 years ago