Aviation Authority discusses cooperation, development projects with World Bank, FAO
Captain Saleh bin Nuheid, the head of the General Authority for Civil Aviation and Meteorology discussed Monday with a delegation from the World Bank and the Food and Agriculture Organization enhancing joint cooperation and the development projects planned to be implemented in partnership with the meteorological sector.
Spanish Foreign Minister says situation in Gaza ‘deeply inhumane’
Spain’s foreign minister has strongly condemned Israel’s ramped-up attacks in Gaza over the weekend, calling them “absolutely unacceptable.”
GDP grows 0.3 percent in Eurozone, EU in 1Q
The gross domestic product (GDP) in the Eurozone and the European Union (EU) registered a growth of 0.3 percent during the first quarter of the current year compared to the previous quarter.
Bologna Wins Italian Cup Title for Third Time in History
Bologna FC has been crowned the champion of the Italian Cup for the third time in its history, after defeating AC Milan 1-0 in the final match.
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China's central bank conducts 460 billion Yuan of reverse repo
[24/09/2024]
The People's Bank of China (PBOC) conducted today, Tuesday, 14-day reverse buybacks worth 460 billion Yuan (about 65.24 billion U.S. dollars) at an interest rate of 1.85 percent.

WB provides $90 million to carry out Horn of Africa initiative
[21/09/2024]
The Board of Executive Directors of the World Bank (WB) has approved an extra funding of $90 million for the implementation of the Horn of Africa initiative in Djibouti.

Bank of England sets interest rate at 5 percent
[19/09/2024]
The Bank of England announced on Thursday that it will fix the interest rate at 5 percent, one month after cutting it for the first time since March of 2020.

Gold revolves near all-time high
[17/09/2024]
Gold prices rose during trading , today, Tuesday, on 17 September, before the start of the monetary policy meeting of the US Federal Reserve and amid expectations of a possible rate cut.

Further new foreign companies established in China during January- August
[15/09/2024]
The Chinese Ministry of Commerce announced that China saw a total of 36,968 new foreign-invested enterprises established across the country during the first eight months of 2024, up 11.5 percent year on year.

U.S. approves $7.2 billion sale of F-35 fighter jets to Romania
[14/09/2024]
The United States has agreed to sell more than 30 F-35 fighter jets to NATO member Romania in a deal worth up to $7.2 billion.

Beijing strongly opposes Canada's planned extra taxes on Chinese products
[12/09/2024]
China voiced strong opposition after Canada had launched a consultation process on possible additional taxes on more Chinese products.

The Japanese yen hits year-to-date high against the dollar
[11/09/2024]
The Japanese yen hit its highest level since the beginning of the year against the dollar, today, Wednesday, with the first debate between US presidential candidates Kamala Harris and Donald Trump.

Britain's unemployment rate hits lowest since January 2024
[10/09/2024]
Britain's unemployment rate slowed during the three-month period ended in July, recorded 4.1 percent compared to 4.2 percent in the ended three-month period ended in June.

Japan's economy grows 0.7 percent in SQ
[09/09/2024]
The Japanese economy recorded a growth rate of 0.7 percent during the second quarter of this year, compared to the first quarter, after taking seasonal variables into account, according to data issued by the Japanese government Office.

Non-oil businesses in Saudi Arabia grew by 4.9 percent in the SQ
[08/09/2024]
Non-oil and government activities in the Kingdom of Saudi Arabia recorded a growth of 4.9 percent and 3.6 percent, respectively, during the second quarter of 2024.

Standard & Poor's raises Jordan's credit rating to BB for the first time in 21 years
[07/09/2024]
Standard & Poor's has affirmed the Hashemite Kingdom of Jordan's long-term sovereign credit rating in national and foreign currency from B+ to BB – with a stable outlook.

OAPEC : Arab countries have opportunities to be a leading producer, exporter of aviation fuel
[05/09/2024]
The Secretary-General of the Organization of Arab Petroleum Exporting Countries (OAPEC), Jamal al-Loughani said "Arab countries have valuable opportunities to be among the leading countries in the production and export of sustainable and low-carbon aviation fuel."

Brent crude suffers slight losses on fears of weak demand
[03/09/2024]
Brent crude prices suffered slight losses during early Asian trading today, Tuesday, as fears of lower demand due to a slowing Chinese economy overshadowed the impact of the closure of oil production facilities in Libya.

S. Korea exports rise 11.4 percent in August
[01/09/2024]
South Korea's exports extended on-year gains to the 11th straight month in August, data showed Sunday, driven by the strong demand for semiconductors.

Kuwaiti oil up $1.69 to $79.48 per barrel
[31/08/2024]
The Kuwaiti oil rose up by $1.69 to reach $79.48 per barrel in yesterday's trading, compared to $77.79 in the previous day's trading, according to the price announced by the Kuwait Petroleum Corporation.

Gold prices rise to $ 2513.77 an ounce
[29/08/2024]
Gold prices rose Today, Thursday, supported by a weaker dollar and hopes of a cut in U.S. interest rates, while the focus shifted to key U.S. inflation data.

China's central bank conducts reverse buybacks worth 277.3 billion yuan
[28/08/2024]
The People's Bank of China (PBOC) on Wednesday conducted seven-day reverse repos worth 277.3 billion yuan (about 38.94 billion U.S. dollars) at an interest rate of 1.7 percent.

Japan exports slightly rise for eighth consecutive month
[21/08/2024]
Japan exports rose slightly slower than expected in July, raising doubts about the prospects for an economy that is just beginning to recover at a rapid pace, official data showed.

Saudi Arabia to host World Logistics Forum 2024 in October
[19/08/2024]
Saudi Arabia announced today, Monday, that it will host the first (World Logistics Forum 2024) from 12 to 14 of next October, in the presence of more than 10,000 participants from the leaders of the logistics sector, including leaders and officials from the public and private sectors, experts, senior executives and sector leaders from different countries of the world.


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