NUR-SULTAN. KAZINFORM – President of Kazakhstan Kassym-Jomart Tokayev has opened a meeting of the Council of Foreign Investors, Kazinform correspondent reports.
MUSCAT: Oman has outlined a number of initiatives to boost the economy of the Governorate of Musandam. A branch of Oman’s University of Technology and Applied Sciences will be opened in the mountainous peninsula, which is separated from the rest of the country by the UAE emirate of Fujairah. The Port of Khasab in the capital will be transformed into a logistics hub with the
DUBAI: The price of the weekly shop is set to surge as global food prices rocket. The world’s food import bill is set to rise 12 percent from a year ago to $1.72 trillion according to the UN’s Food and Agriculture Organization. The trend is a particular concern for Gulf economies which import most of their food. As the region recovers from the pandemic, food imports for meat
DUBAI: Vista Global Holding Ltd., the Dubai-based private jet company founded by Swiss billionaire Thomas Flohr, is in discussions to go public through a merger with a special purpose acquisition company (SPAC), Bloomberg reported citing people familiar with the matter. A transaction could value Vista at more than $10 billion including debt, said the people, who asked not to
OPEC stuck to its prediction of a strong world oil demand recovery in 2021 led by the United States and China despite uncertainties stemming from the pandemic, pointing to a need for more oil from the producer group.