Business

Iraq recalibrates currency value to realign exchange rate with the US dollar

On Tuesday, Iraq’s cabinet gave the green light to a currency revaluation and an...

UN Chief Guterres Condemns ‘Extortionate’ Interest Rates Imposed on Debt-laden African Countries

The United Nations chief voiced concern on Saturday over African countries being...

Turkish Companies Commit to Investing in Egypt as Diplomatic Relations Improve

The Egyptian cabinet announced that Turkish companies have pledged $500 million ...

Iraq Central Bank Reaches Agreements with US Federal Reserve and Treasury

Good news from Iraq! The Iraqi central bank has confirmed that it has successful...

Microsoft Appoints British-Syrian Mustafa Suleyman as Head of AI Business

Renowned British-Syrian AI expert, Mustafa Suleyman, has taken on the role of Mi...

Shipping Companies Respond to Incursions by Houthi Rebels in the Red Sea

Iranian-backed Houthi insurgents based in Yemen have escalated their assaults on...

Lebanon’s Devalued Lira Hits 38,000 Against Dollar on Central Bank Exchange Platform

On Tuesday, Lebanon’s currency took a hit as it was devalued to 38,000 liras aga...

UN Report: Arab region tops global unemployment rankings

A recent United Nations report released on Friday has highlighted that the Arab ...

UAE Encourages Emirati Citizens to Pursue Opportunities in Private Sector

In a bid to increase the involvement of its own citizens, the United Arab Emirat...

“IMF Chief Warns of Increasing Hardship in 2023 Due to Slowing Global Economic Growth”

The head of the International Monetary Fund painted a challenging outlook for th...

Workers’ Strike in Tunisia Paralyzes Transport System in Capital

The bustling metro and bus services in the Tunisian capital came to a standstill...

Taliban Strives for Economic Independence in Face of Global Financial Isolation

In a recent statement, the acting commerce minister emphasized the Taliban’s com...

Egyptian Pound depreciates further following recent devaluation announcement

On Thursday, Egypt’s currency saw a 2 percent dip against the US dollar, as repo...

Saudi Investment Chief Subpoenaed in US Trial Involving Elon Musk Tweet: Report

According to reports from British media on Tuesday, the leader of Saudi Arabia’s...

In December, Turkey sees a significant slowdown in inflation to 64.3 percent, potentially benefiting...

Good news for Turkey as annual inflation eased in December from its two-decade p...