Abu Dhabi argued the move would allow it to act more independently in its “long-term strategic and economic vision.” ...
UAE’s OPEC exit deals major blow to oil cartel
Abu Dhabi argued the move would allow it to act more independently in its “long-term strategic and economic vision.” ...
UAE-based Comfi pockets US$65 million pre-Series A to expand its B2B embedded finance offering
Dubai-based fintech Comfi, a B2B embedded finance platform, has bagged US$65 million in a pre-Series A funding round comprising both equity and debt, which will see it scale its operations and expand ...
Cambodia Turns to Hydropower as Fuel Crunch Hits
China is expanding its influence in Southeast Asia, funding energy projects like Cambodia’s $1B Upper Tatay hydropower plant as the fuel crisis strains regional supply.
Syria’s Finance Ministry outlines plan to end corruption through digitization
Minister of Finance Mohamad Yisr Barnieh affirmed that digital transformation in Syria is no longer an option or a luxury, but an ...
LIV Golf isn’t the only sports property being reconsidered in Saudi reboot of investment strategy
The billionaires in Saudi Arabia are pulling the plug on LIV Golf. It won’t be the first mega sports project they’ve given up on recently. Over the last several weeks, the Saudis have bailed on a ...
US Marines help gun down beach invaders in simulated Philippines defense
Afterwards, as the repulsed "enemy" withdrew in disorder, a coup de grace was delivered by an explosive-laden, first-person-view drone.
Philippines Says Czech Authorities Released Key Suspect in Corruption Scandal
The Philippines said former lawmaker Zaldy Co — a key suspect in the corruption scandal that rocked the nation — has been released by Czech authorities just over a week after his arrest.
Philippines Warns Agencies Not to Send Seamen to Persian Gulf
The Philippines is telling crewing agencies to stop sending its nationals to the Persian Gulf, according to people familiar with the matter, making it more difficult for shipowners to rotate the ...
China holds live-fire drills in waters near Luzon as US, Philippines stage war games
(Corrects wording in first paragraph to clarify that drills extend towards and not to disputed areas of the South China Sea) BEIJING, April 24 (Reuters) - China conducted military drills recently ...