West Asia

Kish Invex 2024 kicks off to showcase Iran’s financial, investment opportunities

The 16th Exhibition of Iran’s Investment Opportunities and 11th International Exhibition on Exchange, Banking, Insurance and Privatization, known as Kish…

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Iran to attend China trade exhibition to develop exports

Iran will maintain a significant presence at the China International Import Expo (CIIE) with two national pavilions covering a total…

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StanChart partners with Wise for faster FX in Asia and Middle East

STANDARD Chartered (StanChart) is going to use Wise’s payments platform to offer multi-currency money transfers in Asia and the Middle…

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South Korea weighs buying more US oil and gas if Trump wins

SOUTH Korea is considering a plan to boost energy imports from the US if Donald Trump wins the election and…

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Opec actions increasing volatility and hampering new investment in oil and gas, Eni CEO says 

Claudio Descalzi expects high volatility in the energy markets experienced in recent years to extend into 2025 OPEC+ oil supply…

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Malaysia’s Petronas to halt local NGV fuel supply next year on declining demand

Malaysia state energy firm Petronas will halt the domestic retail supply and sale of natural gas for vehicles by July…

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Iran reports 7.4% rise in gasoline consumption

Maramat Veis Karami, the CEO of the National Iranian Oil Products Distribution Company has announced a 7.4% increase in Iran’s…

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India to revamp power demand forecasting for better planning

INDIA is overhauling the way it forecasts electricity demand to ensure generation capacity matches what’s needed and the grid remains…

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Qatar’s ports record brisk growth in containers and bulk cargo in October

The number of ships calling on Hamad, Doha and Al Ruwais ports stood at 259 in October 2024, which saw…

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Markets need convincing on UK investment plans, says economist

Economist Jim O’Neill said markets still need convincing over the investment plans set out in Labour Chancellor Rachel Reeves’s first…

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