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.
User Name: Password:
Saudi Arabia: Kingdom visitors' spendings exceeds 45 SRL during first quarter of 2024
[02/07/2024]
The Kingdom of Saudi Arabia has achieved 22.9% growth in spending by foreign visitors during the first quarter of 2024 compared to the first quarter of 2023.

Gold prices stabilize amid expectations of a reduction in US interest rates
[01/07/2024]
Gold prices stabilized in Asia in the early hours of Monday morning, supported by data showing a decline in inflation in the United States, which raised hopes that the US Federal Reserve will begin reducing interest rates this year.

World Bank: Remittances to Low, Middle-Income Countries Declined in 2023
[27/06/2024]
The World Bank announced that official remittances to low and middle-income countries declined in 2023 to an estimated $656 billion, after experiencing strong growth during the 2021-2022 period.

China: FDI reaches 57.94 billion yuan in five months
[22/06/2024]
Foreign direct investment in actual use in China has reached 412.5 billion yuan (about 57.94 billion US dollars) in the first five months of the current year 2024.

Kuwait's trade surplus with Japan increased in May by 2.3 percent
[20/06/2024]
Kuwait's trade surplus with Japan increased last May by 2.3 percent compared to the same period last year, reaching 82.7 billion Japanese yen (522 million US dollars), rising for the first time in three months.

Korean ICT exports jump more than 30 percent
[16/06/2024]
South Korea's exports of ICT products jumped more than 30 percent in May thanks to strong global demand.

China's auto sales rise by 8.3 pct
[15/06/2024]
Car sales in China rose by 8.3 percent year-on-year to reach about 11.5 million units during the first five months of this year.

Egypt announces about establishing a firm to produce a million ton of phosphate annually at a cost of $ 250 million
[11/06/2024]
The Arab Republic of Egypt announced on Tuesday the establishment of a corporation to maximize the added value of low-concentration phosphate ores and produce one million tons per year of crude at a total cost of 250 million US dollars.

Japan's economy shrank 0.5 percent in first quarter 2024
[10/06/2024]
Japan's economy recorded a contraction of 0.5 percent of GDP, compared to the fourth quarter of last year 2023, which recorded a quarterly growth of 0.1 percent the first quarter of 2024,

Saudi Arabia: Non-oil activities rise 3.4 percent in Q1 2024
[09/06/2024]
The General Domestic Production (GPD) in Saudi Arabia decreased with 1.7 percent compared to the first quarter of 2023, influenced by the retreat of oil businesses with 11.2

China's foreign exchange reserves rise to US$3.2320 trillion
[08/06/2024]
China's foreign exchange reserves rose to 3.2320 trillion U.S. dollars by the end of May, up 0.98 percent compared to the end of April.

IEA expects energy investment to exceed $3 trillion this year
[06/06/2024]
The International Energy Agency (IEA) predicted in a report that total investment in global energy will exceed three trillion dollars for the first time in 2024.

S. Korea's economy grows 1.3 in Q1, matching earlier estimate
[05/06/2024]
South Korea's economy grew at the fastest pace in over two years in the first quarter of this 2024 with 1.3 percent.

South Korea: Inflation retreats to 2.7 percent in May
[04/06/2024]
South Korea's consumer prices stayed below 3 percent for the second consecutive month in May, but prices of fruits and petroleum products soared over supply issues and unstable global oil prices, data showed Tuesday.

Global airlines anticipate one trillion profits this year
[03/06/2024]
Global airlines raised today, Monday, their 2024 profit forecasts, expecting sector-wide revenues of just under a trillion dollars, as the number of passengers rose to a record high.

South Korea exports extend gains to 8th straight month in May
[02/06/2024]
South Korea's exports extended on-year gains to the eighth straight month in May on the back of strong shipments of semiconductors, data showed Saturday.

IMF announces supporting Ukraine with USD 2.2 billion
[01/06/2024]
The International Monetary Fund has announced reaching agreement with Ukrainian government within the fourth review of the EFF Arrangement Applied currently to support Kyiv with USD 2.2 billion.

International Air Transport Association announces 11 percent increase in global demand
[31/05/2024]
The International Air Transport Association (IATA) announced that the international demand for aviation increased last April with 11 percent on the basis of year on year, compared to the same month of last year.

Google to invest $2 billion in Malaysian data center and cloud region
[30/05/2024]
The tech giant Google has announced its intent to invest about 9.4 billion Malaysian ringgit (USD two billion) on a new data center and cloud hub in Malaysia.

International Monetary Fund expects China's economy to grow by 5 percent
[29/05/2024]
The International Monetary Fund has forecast China's economy to grow at a rate of 5 percent of GDP this year, up from its previous forecast of 4.6 percent, following the strong performance of the world's second-largest economy in the first quarter of this year.


About Saba News Agency | Usage Agreement | Contact Us