President Donald Trump said Sunday that homeless people must be moved "far" from Washington, after days of musing about taking...
Since the overthrow of longtime ruler Bashar al-Assad in December, Syria's new authorities have worked to attract investment for the...
It posted gains in one week on the back of company results.The value of stocks on the bourse increased to $781 billion at the end of Friday's session as against $770 billion at the close of last Friday
Over the week, the equities market saw an inflow of liquidity exceeding $2.34 billion, split between $1.81bn in ADX and $539m in the DFM
Rising rates and global slowdown pose challenges for economic growth and investment in Arab countries, which expect to expand at...Rising rates and global slowdown pose challenges for economic growth and investment in Arab countries, which expect to expand at 3.4% in 2023, down from 5.6% in 2022
Diversified Arab economies are better equipped against economic shocks, says Arab Monetary Fund, adding that the regional inflation may hover around 6.8% for 2023
In Asian stock market trading, Hong Kong extended the week's losses Friday, even as e-commerce titan Alibaba surged on a...Official data Thursday that showed US inflation rising less than expected in July failed to stop bets on the Federal Reserve raising borrowing costs
Across the Atlantic, better-than-expected UK growth data Friday increased the likelihood of more BoE tightening, boosting the pound
- PARIS, FRANCE - The International Energy Agency said Friday it had revised upwards its forecast for global oil demand growth in...
World oil demand already hit a record 103 million barrels per day in June and August and "could see yet another peak", IEA said.
"For 2023 as a whole, global oil demand is set to expand by 2.2 million barrels per day to 102.2 million barrels per day," it said.
This performance will be delivered through constant contributions from the non-oil sector, especially from tourism, leisure and real estate. The...The report said the oil demand growth is forecast to slow to 2.2 mb/d in 2023, down from 2.4 mb/d in the previous assessment.
The main drivers of liquids supply growth for 2023 are expected to be the US, Brazil, Norway, Kazakhstan Guyana and China, while the largest decline is expected from Russia.
- A highly anticipated report showed July consumer prices rose more than the previous month but less than feared, giving the...
Hong Kong and Shanghai fell further, even as Alibaba surged in response to an earnings report showing a forecast-busting rise in first-quarter revenue
Sydney, Singapore, Manila and Jakarta also fell, though Seoul, Wellington and Taipei eked out gains. Tokyo was closed for a public holiday
- BAGHDAD -- The Central Bank of Iraq has introduced three distinct categories of exchange companies dedicated to selling dollars to...
Exchange companies will operate under strict Central Bank regulations and Anti-Money Laundering Law
Enhanced electronic platform by the Central Bank of Baghdad will oversee all dollar sales to citizens
- In a move to fortify the local market, Iraq's Ministerial Council of Economy has taken decisive steps, including the removal...
Iraq's Ministerial Council of Economy removes four items from import lists
4% customs tariff reduction announced for imported live animals for slaughter
Dubai, UAE-- More than 15 million people visited Dubai Municipality public parks, neighborhood parks, lakes, and recreational facilities for the...The record-breaking trend marks a 50 percent increase in the same period of 2022, which recorded approximately 10 million visitors
The spike in the number of visitors to the parks and other recreational facilities is made possible by their location and ease of access
TURKU, FINLAND - With cruise bookings seeing a resurgence after the Covid pandemic caused luxury liners to mothball, a Finnish shipyard...Royal Caribbean's luxurious new vessel Icon of the Seas is nearing completion in the Turku shipyard on Finland's southwestern coast.
Resembling a village more than a ship, the mammoth vessel boasts colourful waterparks, more than 20 decks and can carry nearly 10,000 people.
