MANAMA, Bahrain (MNTV) — Saudi Arabia and Bahrain have signed a series of agreements and memoranda of understanding (MoUs) to expand cooperation across multiple sectors, including nuclear safety, investment, taxation, and sustainable development. The agreements were concluded during the fourth session of the Saudi-Bahraini Coordination Counci...
JAKARTA, Indonesia (MNTV) — Indonesia’s middle class — long regarded as the country’s economic stabilizer — is entering a new era of more thoughtful spending, reports Indonesia Business Post. This shift was at the heart of the Trend Maker Summit 2025, where Katadata Indonesia and its partners unveiled research showing that consumers are prior...
BAGHDAD, Iraq (MNTV) — ExxonMobil has expressed interest in acquiring Lukoil’s majority stake in Iraq’s West Qurna 2 oilfield, Iraqi oil ministry officials said. This comes following a series of approaches by the U.S. company as Russia’s sanctions-hit producers move to divest international assets, according to Iraqi news sources. West Qurna 2...
ISLAMABAD, Pakistan (MNTV) — Pakistan and Egypt have established a Pakistan–Egypt Business Council to strengthen economic cooperation and expand bilateral trade, announced during Egyptian Foreign Minister Badr Abdelatty’s two-day visit to Islamabad. The initiative targets a substantial upgrade in economic engagement beyond the current trade v...
JEDDAH, Saudi Arabia (MNTV) — Saudi Arabia’s Human Resources Development Fund has enabled the hiring of more than 151,000 citizens in the industrial and mining sectors since 2020, supported by approximately USD 267 million in training-to-employment programs. According to newly released figures, the fund, known as HRDF, reported signing 24 spec...
DHAKA, Bangladesh (MNTV) — Bangladesh has approved a landmark consolidation of five struggling Sharia-compliant banks into a single institution, marking the largest restructuring in the history of the country’s Islamic banking sector and signaling a decisive move to restore market confidence. The newly formed Sammilita Islami Bank PLC received...
ERBIL, Iraq (MNTV) — A missile attack on the Khor Mor gas field in northern Iraq caused a full blackout across the Kurdistan Region and reduced national electricity output, prompting the federal government and the Kurdistan Regional Government to form a joint investigative committee. Operator Dana Gas said the strike ignited a major condensat...
DAMASCUS, Syria (MNTV) — Syria’s post-Assad government announced plans to construct a new oil refinery with a processing capacity of 150,000 barrels per day, according to the country’s energy minister in remarks to state-run Ekhbariya TV. Officials said the new project is part of broader efforts to rebuild the national energy sector, which has...
CAIRO, Egypt (MNTV) — Mantrac Egypt and Pickalbatros Hotels and Resorts have renewed their partnership to enhance energy efficiency and operational reliability across the group’s properties, building on a collaboration that began last year, according to a joint announcement. The agreement includes a preventive maintenance program covering 93 C...
RIYADH, Saudi Arabia (MNTV) — Economic ties between Saudi Arabia and Italy are entering a dynamic expansion phase, fueled by Vision 2030 projects estimated at $8.1 trillion, according to Matteo Zobas, head of the Italian Trade Agency. Speaking at the Saudi-Italian Investment and Business Forum, Zobas highlighted that these massive investments ...
