Category : Business

Business

Iraq sets Halliburton contract for Basra oil fields

manamalive.com
Iraq’s state-run Basra Oil Company signed a five-year integrated management contract with Halliburton for the Bin Omar and Sindbad oil fields in Basra province, Iraq’s Ministry of Oil said. The agreement covers field management work...
Business

World Bank backs Morocco hydropower storage with $265m

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The World Bank has approved $265 million to support Morocco’s Ifahsa Pumped Hydropower Storage Project, a 300-megawatt clean energy facility planned for the country’s north. The financing backs a major storage project designed to help...
Business

South Korea exports reach record US$102.25 billion in June

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South Korea’s exports topped US$100 billion in a single month for the first time in June, setting a national record as semiconductor shipments nearly tripled. The Ministry of Trade, Industry and Resources said exports rose...
Business

World Bank approves US$700 million loan for Jordan jobs

manamalive.com
The World Bank approved a US$700 million loan for Jordan to support private investment, job creation and economic reforms. The financing falls under the Jordan Growth and Competitiveness Development Policy Financing II program. It supports...
Business

India probes Rajesh Exports over gold trade records

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Indian investigators said one of the country’s largest gold exporters paid its managing director about Rs17,000 a month, roughly $180, despite reporting consolidated revenue of about Rs7.7 lakh crore. The Directorate of Enforcement said it...
China EU trade talks head to Brussels amid deficit focus
Business

China and EU trade chiefs set for Brussels talks

manamalive.com
Chinese Commerce Minister Wang Wentao will visit Brussels on Monday, June 29, for talks with European Trade Commissioner Maroš Šefčovič, the European Commission said. The meeting places China EU trade relations back at the center...
Business

Japan’s Nikkei 225 clears 72,000 in record Tokyo rally

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Japan’s Nikkei 225 rose above 72,000 for the first time on Monday, setting a fresh record as Tokyo equities extended a sharp June rally. The benchmark share average gained 1.4 percent to 72,247.21 in morning...
Business

DWTC and -45dB launch modular meeting spaces in Dubai

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Dubai World Trade Centre has partnered with -45dB to introduce sound-reduced modular meeting spaces across its venues, adding private rooms and pods for high-traffic exhibitions and events. The partnership covers sites including Dubai International Convention...
Business

Japan core machinery orders rebound 8.7% in April

manamalive.com
Japan core machinery orders rose 8.7% in April from the previous month, government data showed, marking a strong rebound in a key measure of private-sector equipment demand. The seasonally adjusted value of core orders reached...