If the oil prices move higher it would be negative for Asian stocks, but if the ongoing conflict ends relatively quickly, any adverse impact on markets is likely to be short-lived, according to a report by Invesco.
The Arab League has officially launched the Arab Common Electricity Market, a major step toward regional integration in electrical energy. The announcement was made during the 15th session of the Arab Ministerial Council for Electricity in Egypt, where key agreements were signed by 22 Arab n