by Vasu Jit Kalia | July 25, 2024 | Energy
Vienna, July 25 (IANS) The Organisation of the Petroleum Exporting Countries (OPEC) Secretariat said that it received compensation plans from Iraq, Kazakhstan, and Russia for their overproduced oil volumes in the first half of 2024. OPEC said in a statement that the...
by Vasu Jit Kalia | July 25, 2024 | Industry, Real Estate
Aldar, the leading Abu Dhabi developer plans to invest $490 million in neighboring Dubai, expanding its footprint in one of the hottest commercial real estate markets globally. The Skyscrapper by Aldar Properties PJSC will include offices, a luxury hotel and branded...
by Vasu Jit Kalia | July 25, 2024 | Banking Regulations
Mumbai, July 24 (IANS) The Reserve Bank of India (RBI) has tightened the framework for domestic money transfers in order to keep track of both cash pay-in and pay-out services. In a circular issued on Wednesday, the RBI stated that in the case of cash pay-out service,...
by Vasu Jit Kalia | July 24, 2024 | Economy
Korea’s small-and medium-sized enterprises (SMEs) saw an increased exports of 4.4 percent in the first half from a year earlier, driven by the strong performance of the cosmetics sector, as per the data available on Wednesday. Outbound shipments by 77,078 SMEs...
by Vasu Jit Kalia | July 24, 2024 | Industry, Real Estate
Ras Al Khaimah Properties announced that the completion rate of the Bay Residence project in Mina Al Arab, which includes 661 apartments distributed over four towers in the “Bay Residence 1” and “Bay Residence 2” phases, has reached 75%. In Bay...