Business

China plans $36 billion investment in various sectors in Algeria: Ennahar TV

Algerian President Abdelmadjid Tebboune announced on Thursday that China is set ...

Turkish finance minister announces $50.7 billion in agreements with UAE during Erdogan’s Gulf tour

President Recep Tayyip Erdogan concluded his successful three-country tour of th...

Saudi Arabia pledges $500 million in financial aid to support Tunisia’s economic challenges

Saudi Arabia announced on Thursday that it plans to provide Tunisia with $500 mi...

Lebanon’s Central Bank Vice Governors Recommend Transition to Floating Exchange Rate by September

Lebanon’s central bank vice governors have put forth a proposal to release the c...

Turkey raises interest rates, underwhelms markets

On Thursday, Turkey’s central bank raised its main interest rate for the second ...

Economic losses of $49 billion incurred by Sudan since the start of war

According to prominent Sudanese economists, Sudan has faced a staggering $49 bil...

Turkey Earthquake Causes $43 Billion in First-Half Insurance Losses, Reports Munich Re

In the first half of 2023, natural disasters such as a devastating earthquake in...

Kuwait to Begin Drilling Durra Field Before Resolving Border Issue with Iran, Says Minister

In an interview with SkyNews Arabia, Kuwait’s oil minister Saad Al Barrak announ...

China Extends $2.4 Billion Loan Repayment Timeline for Pakistan, Confirms Finance Minister

In an effort to assist Pakistan in navigating through one of its most challengin...

Wassim Mansouri Calls for Reform as Lebanon’s New Interim Central Bank Chief

Wassim Mansouri, Lebanon’s future interim central bank governor, made a call on ...

Sources: First Vice Governor of Lebanon Central Bank to Assume Role of Acting Head

According to three sources familiar with his plans, Wassim Mansouri, the first v...

Turkish central bank raises its inflation forecast significantly

Turkey’s central bank has significantly increased its year-end inflation forecas...

Riad Salameh Exits Role as Lebanon’s Central Bank Chief, Leaving Legacy in Tatters

After being hailed as a financial genius, Riad Salameh bid farewell to his posit...

Pakistan anticipates receiving multibillion-dollar aid from Saudi Arabia

According to two sources, Pakistan is expected to receive a substantial multibil...

US Trade Chief Tai Emphasizes Need for Increased Investment in African Trade Programme

In a recent statement on Tuesday, US Trade Representative Katherine Tai highligh...

Suez Canal Chief Affirms: Waterway is Not for Sale to Calm Concerns About Proposed Wealth Fund

In a reassuring statement on Thursday, the chairman of Egypt’s Suez Canal confir...