Business
Iraq’s Basra Oil Company signs a five-year Halliburton deal to manage Bin Omar and Sindbad oil fields and raise crude and gas output.
World Bank approval of $265m will support Morocco’s 300 MW Ifahsa hydropower storage project and help integrate more renewable power.
South Korea’s exports reached a record US$102.25 billion in June, led by semiconductors and a US$36.15 billion trade surplus for Korea.
Gold extended losses after a weak quarter, with dollar strength and U.S. Treasury yields weighing on demand for non-yielding bullion.
World Bank says 18% of MENAAP residents face food insecurity as regional demand is projected to rise 67% by 2050, with food systems strained.
India’s ED says Rajesh Exports failed to produce foreign trade records as a probe reviews executive pay, stock gaps and disclosures.