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Posted on August 20, 2025

Iraq’s Central Bank Reports 55% Growth in Gold Reserves

By John Lee. The Central Bank of Iraq (CBI) has reported a significant increase in its gold reserves, which form a key component of the country's foreign reserves. During the second quarter of 2025, ...

Posted on August 20, 2025

Turkish floating plant operator to start suppling electricity to Iraq

Karpowership, one of the world's largest operators of floating power plants, said on Wednesday it would start providing electricity to Iraq under ...

Posted on August 20, 2025

Egypt plans to export electricity to Iraq, Syria, Lebanon

According to Asharq Business, Egypt plans to export electricity to Iraq, Syria, and Lebanon via a 2,000-megawatt underwater cable to Jordan. The new cable will run from the Egyptian city of Taba in ...

Posted on August 20, 2025

South Korea’s Lee meets business leaders to discuss strategy for Trump summit

South Korean President Lee Jae Myung met on Tuesday with the heads of some of the country's biggest conglomerates, including Samsung and Hyundai Motor, who will accompany Lee for his summit next week ...

Posted on August 20, 2025

Dentsu signals ‘bold restructuring’ to stay afloat outside Japan

Experts say that Dentsu’s Japan business, which contributes 42% of its net revenue, continues to perform strongly, recording 5.3% organic growth in the first half of 2025. However, the international ...

Posted on August 20, 2025

South Korean petrochemical companies to cut capacity, restructure, government says

Ten South Korean petrochemical companies have agreed to restructure their operations, including large cuts to their naphtha-cracking capacity, government officials said on Wednesday.

Posted on August 20, 2025

Shwapno launches Bangladesh’s first self-checkout counters in retail grocery

Shwapno, the country’s largest and most loved retail chain, has taken a pioneering step in transforming Bangladesh’s shopping experience by launching the nation’s first-ever self-checkout counters in ...

Posted on August 20, 2025

Russian allies Belarus and Iran agree to boost bilateral defense ties

Belarus and Iran signed have new agreements to boost bilateral ties in areas including defense. Belarusian leader Alexander Lukashenko and Iranian President Masoud Pezeshkian signed a package of ...

Posted on August 20, 2025

Pakistan, China and Afghanistan hold high-level meeting in Kabul to boost cooperation

Top diplomats from Pakistan, China, and Afghanistan have met in Kabul to boost political and economic cooperation ...

Posted on August 20, 2025

Two data center MoUs signed at Korea-Vietnam Business Forum

Two data center memoranda of understanding (MoU) were signed at the Korea-Vietnam Business Forum last week South Korean conglomerate Samsung signed an MoU with Vietnamese telecom provider CMC, ...

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