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Posted on January 22, 2025

Rio Tinto offers $472m to settle Mongolian mine tax dispute

The miner is hoping the deal will settle the Oyu Tolgoi tax stoush as it ties up loose ends over its copper bet amid the Glencore merger speculation.

Posted on January 22, 2025

Kuwait eyes WEF in Davos as launchpad for economic prominence

The WEF has made it its mission to "engage political, business, academic, civil society and other leaders of society to shape global, regional and industry agendas" ...

Posted on January 22, 2025

Gaza War Fuels Israeli Military Spending, Raising Debt to 69% of GDP

Israeli government spending on the war in 2024 has raised the national debt to 69% of GDP, with the overall debt reaching 1.33 trillion shekels.

Posted on January 22, 2025

Kuwait expects tax income to soar by 79%

Kuwait expects its tax income to soar by nearly 79 percent annually when all taxes take effect within an International Monetary Fund-proposed tax reform programme. In a report published on Wednesday, ...

Posted on January 22, 2025

As fighting in Gaza stops, Israel launches major military campaign in West Bank

The Israeli military killed at least seven Palestinians in the occupied West Bank on Tuesday as the prime minister announced the start of a “large-scale military operation” in the restive city of ...

Posted on January 22, 2025

No income tax on individuals in Kuwait yet, study in progress with Gulf states: Minister

Kuwaiti Finance Minister and Minister of State for Economic Affairs and Investment, Noura Al-Fassam, stated that there is ...

Posted on January 22, 2025

Shipping Firm Said to Seek at Least $1 Billion Value in Oman IPO

Asyad Group SAOC, backed by Oman’s sovereign wealth fund, unveiled plans for the initial public offering of its shipping unit, as the sultanate pushes forward with its privatization drive. Most Read f ...

Posted on January 22, 2025

Tech, finance, and real estate dominate Singapore’s fastest-growing companies in 2025

These sectors alone account for approximately 40% of the 100 companies recognized for their remarkable revenue growth ...

Posted on January 22, 2025

UAE issues limited edition silver coin to mark Central Bank’s 50th anniversary

The reverse of the coin features an illustration of the CBUAE building, along with the phrase “50 Years of the Central Bank of the UAE” on the upper and lower edges in Arabic and English, the years ...

Posted on January 22, 2025

UAE issues limited edition silver coin to mark Central Bank’s 50th anniversary

The reverse of the coin features an illustration of the CBUAE building, along with the phrase “50 Years of the Central Bank of the UAE” on the upper and lower edges in Arabic and English, the years ...

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