Tag: RAK Petroleum

Mergers & Acquisitions

DNO enters in USD 117.25 million transaction agreement to acquire Mondoil from RAK Petroleum

by Ritu M R

August 22, 2022

DNO ASA, the Norwegian oil and gas operator focussed on the Middle East and the North ...

Economy

Australia’s Central Bank Cuts Interest Rates for the First Time Since 2020

The Australian dollar briefly went up after the decision before reversing its gains. Australia’s central bank lowered its interest rates ...

February 18, 2025

Economy

Expats Now Eligible for Property Ownership Under New Kuwait Ownership Reforms

The decision was to help develop the real estate industry, attract more foreign investments, and provide job opportunities for Kuwaitis. ...

February 17, 2025

Industries

Breaking Down the Honda-Nissan $60 Billion Merger Talks

Honda's sudden alteration to the agreement's terms was due to its growing frustration with Nissan over the speed of the ...

February 14, 2025

Mergers & Acquisitions

UAE’s e& Expands into Europe with €2.3 Billion PPF Telecom Acquisition

e& is acquiring PPF Telecom's infrastructure division, CETIN, which will increase operational effectiveness and help generate income constantly. The telecom ...

February 13, 2025

Banking

Egypt’s Inflation Slows to 23.2% in January, But Food Prices Keep Rising

Food security is still a significant problem, with Egypt buying 80% of its wheat from Russia and Ukraine. Egypt's headline ...

February 12, 2025

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The Global Economics Limited is a UK based financial publication and a Bi-Monthly business magazine giving thoughtful insights into the financial sectors on various industries across the world. Our highlight is the prestigious country specific Annual Global Economics awards program where the best performers in various financial sectors are identified worldwide and honoured.