Kuwait has escalated its efforts against unauthorized cryptocurrency mining operations, citing their significant impact on the national power grid. Authorities have conducted widespread raids, utilizing drones to identify illegal mining activities, and have disconnected power supplies to non-compliant facilities. Source: CoinDesk
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Bahrain has commenced the subscription for its 40th issue of the Government Development Bond, valued at BHD 250 million, offering a return of 6.125%. The bond is available through the Bahrain Bourse, providing investors with a secure investment opportunity backed by the government. Source: Bahrainbourse
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The UAE’s fuel price committee has released the petrol and diesel prices for June 2025. Super 98 petrol is priced at Dh2.58 per litre, Special 95 at Dh2.47, E-Plus 91 at Dh2.39, and diesel at Dh2.45 per litre. These rates reflect slight adjustments from the previous month, aligning with global oil price trends. Source: Gulf
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Saudi Arabia and Qatar have announced a joint initiative to provide financial assistance to Syrian state employees. This move aims to bolster Syria’s public sector amid ongoing economic challenges and to strengthen diplomatic ties between the natio Source: Eurasia Review
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