Oman's government is setting up the Oman Investment Authority to own and manage most sovereign wealth fund and finance ministry assets, state TV reported on Thursday, citing a decree from the ... ( read original story ...)
BP seeking to sell $1B stake in giant Oman gas project – Bloomberg
BP (BP -1.5%) is in early talks to sell a ~10% stake in Oman's Khazzan natural gas field, as part of its plans to cut debt, Bloomberg reports.The stake likely would fetch more than $1B and is attracti ... ( read original story ...)
BP Discusses Sale of More Than $1 Billion Stake in Giant Oman Gas Project
BP Plc is in early-stage discussions to sell about a 10% stake in a key gas field in Oman as part of the energy giant’s plans to cut debt, according to people familiar with the matter. ( read original story ...)
BNY Mellon to Build FX Pricing & Trading Engine in Singapore
The Bank of New York Mellon Corporation BK recently announced its plan to set up an FX pricing and trading engine in Singapore. This will be in collaboration with the Monetary Authority of Singapore ... ( read original story ...)
UBS Boosts Conviction in Singapore Equities’ Bull Market Run
The Singapore stock market’s relatively late entry into bull territory could bode well for its staying power even as the rally in global equities starts to look a bit stretched. ( read original story ...)
Russia, Turkmenistan discuss countering terrorism financing
BAKU, Azerbaijan, June 4 By Jeila Aliyeva - Trend: The Ministry of Finance and Economy of Turkmenistan and the Federal Financial Monitoring Service of Russia have discussed partnership within the fram ... ( read original story ...)
Lebanon to Adopt One Approach on Financial Losses: Presidency
Lebanon will decide on one approach on figures it is presenting in IMF negotiations, the presidency said on Thursday, seeking to reconcile different approaches taken by the government and central bank ... ( read original story ...)
Ethiopian domestic workers stranded in crisis-hit Lebanon
Dozens of domestic workers gathered outside the Ethiopian consulate in Beirut on Thursday, some inquiring about flights home, others stranded after they were abandoned by employers who claimed they ... ( read original story ...)
Lebanon provides shelter to 35 homeless Ethiopian migrants
Lebanon has provided temporary shelter for 35 homeless Ethiopian domestic workers who had camped outside their consulate after being abandoned by employers hit by the country's worsening economic ... ( read original story ...)
Hadassah’s Rotstein leads charge in Israel’s fight against coronavirus
Hadassah Hospital chief Zeev Rotstein fought against bureaucrats from the start of the current health crisis. Often, he was right ... ( read original story ...)