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Zawya
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- 1Oman drafts national law to govern its space economy▼ZAWYA: Oman drafts national law for space economy
Oman has drafted a national law for the space economy, according to a report carried by Zawya. The legislation would establish a regulatory framework for space activities in the sultanate as it seeks to develop space-related industries and investment. Details of the draft's provisions and timetable have not yet been made public.
- 2
Oman's space sector has expanded by 136%, now comprising 26 companies, according to a report carried by Zawya. The figures point to rapid growth in the Gulf state's emerging space industry, part of wider efforts in the region to diversify economies and build domestic space capabilities.
- 3Experts explain Nigerian banks' reserve requirements▼ZAWYA: Experts weigh in on why banks must keep percentage of customers’ deposits with Central Bank of Nigeria
Banking experts in Nigeria are explaining why commercial banks must keep a percentage of customers' deposits with the Central Bank of Nigeria. The discussion, reported by Zawya, focuses on the cash reserve requirement as a key monetary policy tool used to control liquidity, manage inflation and maintain stability in the country's banking system.