2 mn read

Oil Companies Warn Against Negative Impact Of Operational Budget Delays

Posted inBusiness

2 mn readThe Arabian Gulf Oil Company (AGOCO), National Construction and Al-Jawf companies have warned of negative consequences due to the continued delay in disbursing their operational budgets, considering this issue a major obstacle to projects aimed at increasing production. The warning came during the first session of the General Assembly of the National Oil Corporation (NOC) […]

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2 mn read

Italy restarts bid to deport migrants to Albania

Posted inCulture

2 mn readAn Italian Navy ship has delivered 49 people to an Albanian port as Rome resumed the controversial transfer of migrants to the Balkan nation. Italian authorities said that the ship docked in the port of Shengjin on Tuesday morning, and disembarked the group. It is Rome’s third attempt to process asylum claims in Albania, after Italian […]

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< 1 mn read

Nigeria union rejects telecom tariff hike, plans nationwide protest

Posted inBusiness

< 1 mn readNigeria’s main labour union has rejected a government-approved 50% hike in telecommunications tariffs and announced plans for a nationwide protest on Feb. 4. The telecoms regulator last week approved the increase in mobile tariffs, the first such hike in more than a decade, bowing to pressure from operators struggling with surging costs amid high inflation […]

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4 mn read

Fate of ceasefire-hostage deal’s second phase in balance as Netanyahu heads to DC

Posted inBusiness

4 mn readPrime Minister Benjamin Netanyahu will meet with US special envoy for the Middle East Steve Witkoff in Washington on Monday to initiate talks on the second stage of the hostage release deal with Hamas, which are slated to begin that same day, the Prime Minister’s Office said Saturday. Netanyahu’s meeting with Witkoff will take place […]

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3 mn read

Jewish-focused hotel project gets initial OK from Clark County board

Posted inBusiness

3 mn readA 42-story hotel with a two-level synagogue just west of Treasure Island is moving forward. The non-gaming KDH Hotel, formerly known as the King David Hotel, was recommended for approval by the Paradise Town Advisory Board on Tuesday and is expected to be reviewed by the Clark County Commission on Jan. 8. Developers expect Jewish […]

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2 mn read

Nasdaq closes above 20,000 points for the first time

Posted inBusiness

2 mn readThe Nasdaq composite index closed at a record high Wednesday, rallying almost 350 points for its first-ever close above 20,000. The tech-heavy index gained 1.8 percent after November’s inflation report matched expectations from economists, reinforcing expectations that the Federal Reserve will cut interest rates again at its December meeting next week. The broader S&P 500 […]

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