Equinix, Inc.EQIX along with its joint venture partner Oman Telecommunications Company has launched an International Business Exchange (“IBX”) data center in Barka, near Musca ... ( read original story ...)
Oman’s top banks see 34.2 percent decline in profits: KPMG
The average profits of Omani banks declined by 34.2 per cent for the first half of 2020 compared to the same period in 2019, as a reduction in credit flow, revenue compression and increase in ... ( read original story ...)
INSIGHT-Sole survivor? Saudi Arabia doubles down on oil to outlast rivals
But Saudi Aramco plans to boost its production capacity so it can pump as much of the kingdom's vast oil reserves when demand picks up - before a shift to cleaner energy makes crude all but worthless, ... ( read original story ...)
Laos to enlarge electricity production potential
A new transmission line business that Lao and Chinese enterprises have both decided to set up is projected to maximize Laos' electricity production potential.Lao state-owned Electricite du Lao ... ( read original story ...)
Thailand food firm courted by Cambodia
A senior official from the Cambodian embassy in Thailand has asked the country’s second-largest food producer, Betagro Group, to consider a food processing plant in Cambodia. ( read original story ...)
China business briefing: Mooove over, Australia
Kazakhstan’s food producers look primed to benefit from China’s increasingly tense relationship with traditional trading partners. This and more in our monthly Chinese business briefing. ( read original story ...)
Here’s Why Hosting Your Mining Farm in Kazakhstan is a Good Idea
Kazakhstan is one of the world’s best destinations for crypto mining: electricity costs just $0.04/kWh and there is no tax on mining revenue. It’s also relatively easy to start a mining business in ... ( read original story ...)
Presidents of Kazakhstan and Uzbekistan share views on situation in the region
Jomart Tokayev and President of Uzbekistan Shavkat Mirziyoyev held a telephone conversation, the Akorda press service reports. ( read original story ...)
INSIGHT-Sole survivor? Saudi Arabia doubles down on oil to outlast rivals
But Saudi Aramco plans to boost its production capacity so it can pump as much of the kingdom's vast oil reserves when demand picks up - before a shift to cleaner energy makes crude all but worthless, ... ( read original story ...)
Sri Lanka Widens Curfew, Bans Gatherings as Virus Surges
Authorities in Sri Lanka have widened a curfew and warned of legal action against those evading treatment for COVID-19 after reporting a growing cluster centered around a garment factory in the ... ( read original story ...)