Yemen Announces Full Support for Statement Issued by GCC Ministerial Meeting
The Republic of Yemen has announced its full support for the statement issued at the extraordinary ministerial meeting of the Gulf Cooperation Council (GCC), which affirmed a unified and firm position to deter what it described as blatant Iranian aggression against GCC member states.
Kuwait Condemns Iranian Attack Targeting Its Territory
The State of Kuwait has strongly condemned a “heinous Iranian attack” that targeted its territory on Saturday morning, calling it a flagrant violation of Kuwait’s sovereignty, airspace, international law, and the Charter of the United Nations.
Korea large companies' exports rise 10 percent
Large companies' exports in South Korea rose approximately 10 percent year-on-year in the fourth quarter of last year, driven by increased global demand for semiconductors.
Saudi League: Al-Nassr, Al-Ettifaq and Neom Secure Victories Over Al-Ittihad, Damac and Al-Riyadh
Al-Nassr defeated its guest Al-Ittihad 2–0 in the match that brought them together at Al-Awwal Park Stadium in Riyadh, as part of the 21st round of the Saudi Professional League.
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Six countries join BRICS Grouping
[24/08/2023]
Leaders of the BRICS countries China, India, Russia, Brazil and South Africa announced the expansion of the grouping to include the Kingdom of Saudi Arabia, Egypt , the United Arab Emirates, Argentina, , Ethiopia, Iran as new members at a news conference during its 15th Summit in Johannesburg on Thursday.

Russia announces price of its new Jetliner MC-21
[29/06/2023]
The newspaper "Kommersant" revealed the expected price of the modern Russian plane MC-21, which is planned to compete with planes from "Boeing" and "Airbus" in the market

Japan announces provision of 5 million dollars to provide emergency aid in Sudan
[16/06/2023]
Japan announced today the provision of five million dollars to provide emergency humanitarian aid in Sudan through five international organizations.

UBS officially acquires rival Credit Suisse
[12/06/2023]
Swiss bank UBS announced Monday that it has formally completed its takeover of rival Credit Suisse in a $3.2 billion deal in March.

Oil prices rise after reaching initial agreement regarding the US debt ceiling
[29/05/2023]
Oil prices rose in early Asian trade on Monday after US leaders reached a tentative agreement on the government's debt ceiling, which could prevent a catastrophic default in the world's largest economy and oil consumer.

Chinese Central Bank injects 125 billion yuan into the financial market
[15/05/2023]
The People's Bank of China (the central bank) on Monday injected funds into the financial market with a total amount of 125 billion yuan (17.93 billion US dollars) through medium-term lending facilities (MLF) and reverse repo operations.

Samsung Electronics reports 86.1 percent decline in profits for Q1
[27/04/2023]
Samsung’s first-quarter net income fell 86.1 percent to 1.57 trillion won, the worst in 14 years, blaming slowing consumer spending due to uncertainty over the global economy.

EU approves a plan worth € 43 billion to support electronic chips
[19/04/2023]
The European Union (EU) approved a bill to support electronic chips with total cost €43 about $47 billion to boost Europe's production of semiconductors and reduce its exposure to supply chain disruptions.

Apple's Mac computers sales decline on annual basis
[11/04/2023]
Sales of Apple's Mac computers worldwide plunged 40.5 percent year over year in the first quarter of 2023 amid a broader decline in consumers demand.

IMF Board approves $15.6 billion support package for Ukraine
[01/04/2023]
The International Monetary Fund Executive Board announced that it has approved a new 48-month extended arrangement under the Extended Fund Facility (EFF) of SDR 11.6 billion (about US$15.6 billion) as part of a US$115 billion total support package for Ukraine.

AIRBUS announces € 4.2 billion net profits in 2022
[16/02/2023]
The European Company for planes manufacturing (AIRBUS) announced that its net profits in 2022 came to € 4.2 billion, with an increase of 1 percent over 2021.

China to issues treasury bonds worth $108 billion
[10/12/2022]
Chin announced that it is going to issue treasury bonds for three-year-term with total cost ¥ 750 billion about $108 billion to support its economy.

Wall Street Closing
[16/03/2017]
U.S. stocks closed higher Wednesday after the Federal Reserve (Fed) took a less aggressive stance than expected.

Deputy Oil Minister discusses resumption of oil block operation in Shabwah
[16/03/2017]
Deputy Oil Minister and Minerals Saeed al-Shamasi discussed on Tuesday with Executive Director of the Yemeni Company for Oil and Mineral Investments Dr. Abdullah Omair efforts exerted to resume work on four and five blocks in Shabwah.


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