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Posted on July 24, 2025

Kuwait projects $4.92bln budget deficit, vows reforms

The figures revealed a projected budget deficit of KD 1.056 billion, prompting calls for tighter control on government spending and a renewed push to increase non-oil revenues. The Cabinet also ...

Posted on July 24, 2025

Kuwait Flour Mills to add new food and beverage options across sales outlets

The Technical Committee of the Municipal Council, chaired by Engineer Munira Al-Amir, has approved a request submitted by the Kuwait ...

Posted on July 24, 2025

Non-bank financing spurs Oman’s private sector growth

MUSCAT: The alternative financing sector is gaining traction in Oman, emerging as a key catalyst for private sector development, according to ...

Posted on July 24, 2025

Non-bank financing spurs Oman’s private sector growth

MUSCAT: The alternative financing sector is gaining traction in Oman, emerging as a key catalyst for private sector development, according to ...

Posted on July 24, 2025

Oman’s trade balance tumbles as oil prices fluctuate

The trade balance of Gulf oil producers is highly vulnerable to oil price fluctuations and that has proven to be the case for Oman, where the balance dipped by nearly 30 percent this year. The decline ...

Posted on July 24, 2025

Oman’s trade balance tumbles as oil prices fluctuate

The trade balance of Gulf oil producers is highly vulnerable to oil price fluctuations and that has proven to be the case for Oman, where the balance dipped by nearly 30 percent this year. The decline ...

Posted on July 24, 2025

Oman Arab Bank and Ministry of Labour join forces to enhance financial efficiency in government institutions

Hosting a specialized workshop titled “Enhancing Financial and Accounting Efficiency in Governmental and Financial Institutions” ...

Posted on July 24, 2025

Heavier anti-money laundering penalties could help Singapore maintain high standards as wealth hub

SINGAPORE] Authorities in Singapore appear to be kicking it up a notch, as they round up more individuals and entities for their involvement in a S$3 billion money laundering scandal unveiled in ...

Posted on July 24, 2025

Gaza starvation warning as aid agencies urge Israel to end blockade

Humanitarian aid agencies are warning that their staff inside Gaza are starving alongside the civilians they are trying to help ...

Posted on July 24, 2025

They made America’s clothing. Now they are getting punished for it.

Nike, Levi's and Lululemon are among big-name US brands that have the bulk of their clothing made in these countries. "Can you imagine what will happen if [we] lose our jobs? I'm so worried, ...

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