JAKARTA: Indonesia began imposing a complete ban on palm oil exports Thursday, as the world’s largest producer of the commodity risked destabilizing a global vegetable oil market already hitting peak prices.

SAN FRANCISCO: The fate of Twitter’s top attorney, deemed a moral champion of the platform, was in doubt Wednesday after Elon Musk tweeted displeasure with content moderation she had carried out. Musk, the world’s richest man, has vowed to be a free speech absolutist when he takes control of the global messaging platform as part of a $44 billion deal.

TOKYO: Japan’s central bank hiked its full-year inflation forecast on Thursday but cautioned that it sees rising prices, driven by a surge in commodity costs caused by the Ukraine war, as a temporary and volatile trend.

KUWAIT: In yet another testimony to the success of the private sector in enriching the stock exchange, one of the most important financial institutions in Kuwait, as well as its long term strategy to develop Kuwait’s capital market, Boursa Kuwait announced strong financial results for the first quarter of 2022, recording a significant jump of 60.67 percent in net profit (Attributable to the Equity Holders of the Parent Company) from KD 3.26 million in the first quarter of 2021 to KD 5.25 million in the first quarter of 2022.

MUMBAI: India has slashed the size of an initial public offering by insurance giant LIC but the share issue will still be the country’s largest to date, with a targeted windfall of $2.7 billion, regulatory filings showed Wednesday.

Al-Sanea: Completion rate of hospitals exceeded 70% to date

Arab: Enhancing the commercial operation of DHAMAN and increasing operational revenues

Al-Sanea: Work is underway to complete the requirements of the first operational phase of DHAMAN system during 2022

Al-Sanea: DHAMAN cooperates with an international consulting office to recruit an operator specialized in operating the HMO system

Al-Sanea: Company Primary Healthcare Centers witnessed increasing turnout from beneficiaries

Arab: Two Primary Healthcare Centers in Jahra & Fahaheel to be opened during current year

KUWAIT: The Ordinary General Assembly (GA) of the Health Assurance Hospitals Company (DHAMAN) was held yesterday at the Company’s headquarters, with an attendance percentage of (74%).

KUWAIT: Chairman of the Board of Gulf Cable and Electrical Industries Co Bader Nasser Al-Kharafi said the company adopted a promising strategy to carry out controlled quality takeover operations, which will have positive effects on the company’s performance and revenues, in addition to shareholders’ equity.

KUWAIT: Deputy Chairman of the Board and Chief Executive Officer of Shuaiba Industrial Co Bader Al-Qattan said the company’s annual financial results reflected the strength of its financial status, its quality investments and efficiency of its operation, adding the company is committed to going ahead with achieving its goals through studied and steady steps that aim at maximizing shareholder equity.

WASHINGTON: Asian nations, like the rest of the world, are being battered by countervailing forces such as the war in Ukraine that are raising prices while holding back growth, the IMF said Monday.