Gold futures hit a record high Friday following reports of an unexpected tariff on the precious metal as global stocks...
President Donald Trump threatened Monday to "substantially" hike US tariffs on goods from India over its purchases of Russian oil...
AMMAN, JORDAN - Representative of the leather industries and knitting sector at Jordan Chamber of Industry (JCI), Ehab Qadri, said...The sector's exports achieved a "remarkable" growth during the past year by nearly 21 percent, reaching $2.3 billion, compared to 2021.
The sector, as per data from Social Security Corporation, employs around 76, 000 workers, constituting 27 percent of the total workforce.
Beijing, China--China has reported robust progress in its industrial development this year, marked by significant milestones in several sectors, according...The country took a big leap in renewable energy, unveiling the world's premier 16-megawatt offshore wind turbine, showcasing its deep-sea wind power construction proficiency
Its entrepreneur confidence index and prosperity index for strategic emerging industries posted robust growth, strengthening the positive trajectory of China's economic landscape
Tehran, Iran - Iran has reported a 15% surge in its gasoline output this year compared to last year. The...The Persian Gulf Star Oil Refinery is supplying 4 million liters per day of gasoline derivatives to other refineries to help meet the rising demand
Iran's daily average demand for gasoline exceeds 120 million liters, and on peak travel days, consumption reaches nearly 150 million liters
Doha, Qatar – The Qatari economy has reported a growth rate of 2.7 percent during the first quarter of 2023...When compared to the revised estimates for the fourth quarter of 2022, which were $48.61 billion, there was a 3.9 percent decrease in the GDP
The nominal gross value added tax estimates for mining and quarrying activities at current prices in the first quarter of 2023 reached $22.09 billion
Dubai, UAE - Brokerage firms in the Dubai Financial Market (DFM) witnessed a substantial influx of New Investor Numbers (NIN),...The number of newly registered investor accounts exceeded 51 percent during the first eight months of the year
29 brokerage firms listed on the DFM conducted over 2.57 million deals on 80 billion shares worth $37.1 billion
Singapore-- Saudi Arabia and Singapore have pledged to enhance economic cooperation between the two countries and also reviewed the challenges...The two sidies reviewed the state of their economic relations and also discussed the progress of Saudi Vision 2030 and its key programs
The Saudi finance minister met with an array of private sector players and Singaporean government agencies and discussed financial cooperation
"A top-tier, industry-specific enterprise resource planning (ERP) solution is vital for efficiently delivering these value-added services. Distributors grapple with supply...The Middle East and African freight and logistics market is predicted to record a compound annual growth rate of about 6% between 2023 and 2028
To tap into growth opportunities in the region and for better results, distributors must consider incorporating value-added services into their strategies
- MOSCOW, RUSSIA - Russian President Vladimir Putin will host his Turkish counterpart Recep Tayyip Erdogan on Monday, the Kremlin said, amid...
Russia pulled out from the UN-backed grain agreement that Turkey helped broker in July, effectively revoking safe navigation for civilian ships sailing through the Black Sea.
Turkey's foreign minister Hakan Fidan said on a visit to Moscow on Thursday that reviving the deal to ship Ukrainian grain across the Black Sea was "critical" for food security.
TEHRAN, IRAN – Iran’s export of non-oil products to the Economic Cooperation Organization (ECO) member states in the first four...In the four-month period, Iran exported 8.161 million tons of non-oil commodities to ECO member states.
In the same period, Iran imported 1.394 million tons of goods, valued at $2.445 billion, from the ECO states.
DOHA, QATAR - The Ministry of Finance announced that the budget of Qatar for the second quarter of the year...The surplus would be directed towards reducing public debt, raising the reserves of the Qatar Central Bank.
It would be used for enhancing the savings of future generations through the Qatar Investment Authority.
