Category : Business

Business

Iraq sets Halliburton contract for Basra oil fields

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BASRA, IRAQ / MENA Newswire / – Iraq’s state-run Basra Oil Company signed a five-year integrated management contract with Halliburton for the Bin Omar and...
Business

World Bank backs Morocco hydropower storage with $265m

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RABAT, MOROCCO / MENA Newswire / – The World Bank has approved $265 million to support Morocco’s Ifahsa Pumped Hydropower Storage Project, a 300-megawatt clean...
Business

South Korea exports reach record US$102.25 billion in June

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SEOUL, SOUTH KOREA / MENA Newswire / – South Korea’s exports topped US$100 billion in a single month for the first time in June, setting...
Business

World Bank approves US$700 million loan for Jordan jobs

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AMMAN, JORDAN / MENA Newswire / – The World Bank approved a US$700 million loan for Jordan to support private investment, job creation and economic...
Business

India probes Rajesh Exports over gold trade records

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BENGALURU, INDIA / MENA Newswire / – Indian investigators said one of the country’s largest gold exporters paid its managing director about Rs17,000 a month,...
Business

China and EU trade chiefs set for Brussels talks

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BRUSSELS, BELGIUM / MENA Newswire / – Chinese Commerce Minister Wang Wentao will visit Brussels on Monday, June 29, for talks with European Trade Commissioner...
Business

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

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TOKYO / MENA Newswire / – Japan’s Nikkei 225 rose above 72,000 for the first time on Monday, setting a fresh record as Tokyo equities...
Business

DWTC and -45dB launch modular meeting spaces in Dubai

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DUBAI, UNITED ARAB EMIRATES / MENA Newswire / – Dubai World Trade Centre has partnered with -45dB to introduce sound-reduced modular meeting spaces across its...
Business

Japan core machinery orders rebound 8.7% in April

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TOKYO, JAPAN / MENA Newswire / – Japan core machinery orders rose 8.7% in April from the previous month, government data showed, marking a strong...