Malaysian palm oil giant Kuala Lumpur Kepong controlled by billionaire brothers Oi Hian & Hau Hian Lee has sought to consolidate its palm oil interest by offering to take over IJM Plantations.
Dr. Saad bin Saud Al-Fuhaid has been an assistant minister at the Saudi Ministry of Education since March 2019. The Education Ministry recently announced that students are expected to return to in-person learning, with the academic year divided into three semesters instead of the usual two. Commenting on the decision, Al-Fuhaid said that the new academic calendar, including
DUBAI: Socotra Island has been variously described as ‘The Galapagos of the Middle East’ and ‘The Jewel of Arabia.’ This Yemeni UNESCO World Heritage Site is the largest of four islands in the Socotra Archipelago, situated east of the Horn of Africa in the Arabian Sea. The unspoiled, alien-like landscape of the island has intrigued travelers and scientists alike for decades.
SINGAPORE: Oil prices fell on Thursday as inventory data in the United States, the world’s top oil consumer, showed a surge in gasoline stocks that indicates weaker-than-expected fuel demand at the start of summer, the country’s peak season for motoring. Brent crude oil futures were down 55 cents, or 0.8 percent, at $71.67 a barrel by 0341 GMT, while US oil futures declined by
RIYADH: Saudi Public Investment Fund (PIF) is set to become an anchor investor in a new $800 million Gulf infrastructure fund, set up by Aberdeen Standard Investments and Investcorp, the Financial Times reported, citing people briefed on the fund’s strategy. Bahrain-based Investcorp, the Middle East’s largest alternative investment manager, is finalizing the infrastructure