South Korea has introduced a permanent Digital Nomad Visa, allowing eligible foreign remote workers to live in the country while working for an employer …
A case study in energy security: How India recovered oil imports and rebuilt its crude stockpile
Russia has emerged as India’s largest crude supplier since Western sanctions reshaped global oil trade following the Ukraine conflict. Discounted Russian crude has enabled Indian refiners to maintain …
Bahrain debut for ‘MADE IN GCC’
BAHRAIN will host the first edition of the Made in GCC 2026 Forum and Exhibition under the patronage of His Majesty King Hamad. The event will be held from October 6 to 8 at Exhibition World Bahrain.
Kuwait’s KPC signs $16bn lease and leaseback deal for oil pipeline network
Kuwait Petroleum Corp (KPC) has signed a $16bn deal to lease and lease back its crude oil pipeline network with a consortium comprising global funds Blacks …
Blackstone, Brookfield and KKR sign $16 billion deal with Kuwait for oil pipeline network
Kuwait Oil will enter joint venture with the three global giants in a lease-and-leaseback structure for a 20.5-year period that includes a volume-based tariff.
HSBC sells Singapore insurance business to Germany’s Allianz in $2.09 billion deal
July 24 (Reuters) – HSBC said on Friday it will sell its Singapore life and health insurance business to Germany’s Allianz, in a deal valuing the unit at S$2.7 billion ($2.09 billion). The disposal is …
Durov: Georgia becoming major business hub
Telegram founder Pavel Durov says Georgia is becoming a “major business hub” and remains an underappreciated destination for both tourism …
Uber to acquire Foodpanda’s Taiwan business for $950 million, creating a potential monopoly
The all-cash deal is expected to close in the first half of 2025, the firms said in a joint statement on Monday. “We have come to the conclusion that we need to focus our resources on other parts of …
Kuwait’s KPC signs $16 billion lease and leaseback deal for oil pipeline network
By Federico Maccioni and Ahmed Elimam DUBAI, July 25 (Reuters) – Kuwait Petroleum Corporation (KPC) has signed a $16 billion deal to lease and lease back its crude oil pipeline network with a …
What investors are looking for in Israel’s next generation of startups
Gil Ben-Artzi discusses how AI is changing startup investing, where Israel’s competitive advantage lies, and why founders need more than a strong product to succeed in the US …