India's 2023-24 federal budget, presented by Finance Minister Nirmala Sitharaman on Wednesday, has placed a strong emphasis on infrastructure development and job creation. The government plans to spend $122 billion on the construction of schools,…

Network International, a payments solutions company based in the United Arab Emirates, is reportedly in advanced talks to purchase the payment business of UAE lender Mashreqbank. The deal could value Mashreq’s payment operation at around…

Payment solutions provider, BPC, has extended its partnership with Bahrain-based International Payment Services (IPS). As part of the agreement, IPS will be able to use BPC's open system e-payment platform, SmartVista. IPS, which is licensed…

The Commission's proposal to allocate €602 million of EU funds to eight international energy infrastructure projects through the Connecting Europe Facility (CEF) for Trans-European Networks for Energy has received approval from EU Member States. The…

The latest OPEC+ decision to reduce oil production by two million barrels per day was defended on Tuesday by Foreign Minister Prince Faisal bin Farhan. Prince Faisal affirmed in an interview with a local media…