Once on the periphery of Western priorities, Central Asia is playing an increasingly important role in the escalating confrontation between the major powers. Moscow has used Central Asia to evade …
Laos sets sights on becoming Asia’s gold trading powerhouse
Laos has set a big goal: to become the main centre for buying, selling, and processing gold in Asia within the next five years.
Kyrgyzstan to launch USDKG gold-backed USD stablecoin, with $2B reserve goal
Kyrgyzstan has announced its plans to launch USDKG, a gold-backed stablecoin pegged to the U.S. dollar. The project will initially be backed by $500M in gold reserves. During the 2025 Token2049, it …
Jordan’s Economy Signals Maturation as Industrial and Financial Sectors Drive Q1 Growth
Jordan’s economy is navigating a phase of strategic recalibration in early 2025, exhibiting notable resilience against a complex global and regional backdrop. First-quarter data indicates a maturing …
Saudi oil giant Aramco announces first-quarter profits of $26 billion, down 4.6% from a year earlier
Saudi Arabia’s state-owned oil giant Aramco posted first-quarter profits of $26 billion on Sunday, down 4.6% from the prior year as falling global oil prices undermine the kingdom’s …
Saudi Aramco reports 4.6% drop in Q1 net profits
Net profits of oil giant Saudi Aramco declined 4.6% in the first quarter, the company said on Sunday, citing lower sales and higher operating …
Saudi oil giant Aramco announces first-quarter profits of $26 billion, down 4.6% from a year earlier
Saudi Arabia’s state-owned oil giant Aramco posted first-quarter profits of $26 billion on Sunday, down 4.6% from the prior year as falling global oil prices undermine the kingdom’s …
Iraq’s GDP rises by 35% due to increase in investment expenditure
The country’s current investment expenditures, which total over $67.2 billion have helped to boost Iraq’s GDP by 35%.
Yunus issues five directives for quick capital market reforms
Chief Adviser Professor Muhammad Yunus on Sunday gave five specific directives to address the issues related to the country’s capital market and keep it vibrant through necessary quick reforms. After …
PM calls for breakthrough policies for Vietnam’s international financial centre
HANOI: Prime Minister Phạm Minh Chinh has laid stress on penning breakthrough and exceptional policies for an international financial centre to attract investors from the Middle East, China, Asean, …