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Kuwait’s Heavy Engineering Industries and Shipbuilding Co. (HEISCO) has renewed a KD14 million ($45.4 million) credit facility agreement with a local bank to support its operational activities, marking the company’s second facility renewal this month following an earlier KD96.06 million agreement. The engineering and shipbuilding firm has also continued expanding its project portfolio in 2026, including securing a $565 million contract from Kuwait Oil Company in April.
18/05/2026
Rising global bond yields and uncertainty around the US Federal Reserve are increasing market volatility, as investors reassess inflation risks, interest rates, and global economic conditions.
Longtime crypto investors are increasingly turning to Zcash, drawn by its privacy-focused features and growing momentum as some become disillusioned with bitcoin’s mainstream evolution.
Workplace disputes are increasingly forcing companies into a tough call: fight allegations or settle to avoid reputational and legal fallout. While many claims are disputed, settlements are often driven by cost, risk, and disruption—especially in an era where AI and social media can rapidly amplify accusations beyond control.
Dubai International Financial Centre (DIFC) reaffirmed the strength and resilience of its ecosystem, with global institutions across banking, insurance, wealth and innovation continuing to back Dubai and the UAE as a long-term growth hub. Despite regional uncertainty, firms are deepening their presence, supported by a stable regulatory framework, strong connectivity, and access to high-growth markets across MEASA.
12/05/2026
