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China’s Central Bank Injects 2 Billion Yuan into Banking System

China’s central bank conducted 2 billion yuan ($282 million) of seven-day reverse repos at an interest rate of 1.8% on Monday.

The move aims to keep liquidity reasonable and ample in the banking system, the People’s Bank of China said in a statement,…

Saudi Arabia to Host 3rd Global Project Management Forum in June

The third Global Project Management Forum (GPMF) is set to kick off in the capital Riyadh on June 2, focusing on the theme “We Achieve the Dream: Leadership, Empowerment, Sustainability.” The two-day event will be a pivotal platform for industry leade…

Oil Futures Rise on Middle East Tensions

Oil futures rose on Monday over concerns of expanding tensions in the Middle East.

Brent crude futures climbed 28 cents, or 0.3%, to $83.24 a barrel, while US West Texas Intermediate (WTI) crude futures were at $78.40 a barrel, up 29 cents, or 0.4%.

Oman Central Bank Issues Treasury Bills Worth OR 85.5 Million

Oman Central Bank has announced that the total value of government treasury bills allocated for this week amounted to OR 85.5 million .

The bank explained, in a statement today, that the value of the bills allocated for a maturity period of 28 days a…