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Posted on February 2, 2025

Hong Kong urged to offer HK$2 fares to ‘truly elderly’ not those aged 60

Hong Kong’s HK$2 fare scheme for elderly residents should be adjusted by offering those aged 60 to 65 only limited usage, a top government adviser has said, while the city’s finance chief has ...

Posted on February 2, 2025

Kuwait’s 2025-2026 Budget: A Glimpse into Fiscal Forecast

Kuwait's draft budget for 2025-2026 anticipates a deficit of 6.3 billion dinars with revenues and expenditures detailed. The fiscal plan, beginning on April 1, estimates oil revenues at 15.3 billion ...

Posted on February 2, 2025

Kuwait projects USD 22.44 bln budget deficit for FY25-26Kuwait projects USD 22.44 bln budget deficit for FY25-26

Kuwait's budget deficit in the fiscal year 2025-2026 is expected at KD 6.306 billion (USD 22.44 billion), the Cabinet said in an extraordinary meeting on Sunday. The budget, which starts April 1, 2025 ...

Posted on February 2, 2025

Kuwait equities outperform GCC and global markets, says report

Kuwait equities outperformed global and GCC markets driven by the anticipation of strong earnings of banking stocks and the increased deal activity in the energy and real estate sectors, with most ...

Posted on February 2, 2025

Israel’s Netanyahu heads to U.S. to discuss ‘victory over Hamas’ with Trump

Israeli Prime Minister Netanyahu says he will discuss “victory over Hamas,” countering Iran and expanding relations with Arab countries in Trump meeting.

Posted on February 2, 2025

Azerbaijan’s state oil company to buy 10% stake in Israel’s Tamar gas field

Union Energy, controlled by Israeli businessman Aaron Frenkel, signs an agreement for the stake sale in Israel's second-largest offshore natural gas field The post Azerbaijan’s state oil company to ...

Posted on February 2, 2025

Taraba Govt refutes reports of pilgrims stranded in Jordan

The Taraba State Government has refuted claims that some of its Christian pilgrims were stranded in Amman, Jordan, due to financial constraints and corrupt practices. The allegations, which recently ...

Posted on February 2, 2025

Sri Lanka to receive INR 300 million

Indian media reports that the Indian government has allocated 300 million Indian rupees for Sri Lanka in the budget for the ...

Posted on February 2, 2025

Is China trying to further ensnare Sri Lanka in its debt trap?

China seems to be gearing up to further ensnare Sri Lanka in its debt trap. This became evident when Sri Lankan President Anura Kumara Dissanayake undertook a four-day visit to China in mid-January ...

Posted on February 2, 2025

FIA arrests 10 ‘beggars’ deported from Saudi Arabia at Karachi airport

As may as 10 suspects have been arrested by the Federal Investigation Agency at Karachi's Jinnah International Airport on Sunday after they were deported from Saudi Arabia on charges of

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