Leadership Council Chairman Holds Phone Call with Djiboutian President
Chairman of the Presidential Leadership Council, Dr. Rashad al-Alimi, held a phone call with his Djiboutian President, Ismail Omar Guelleh.
Gaza Death Toll Rises to 55,297 Amid Ongoing Israeli Aggression
The death toll from the Israeli genocidal war on the Gaza Strip since October 7, 2023, has risen to 55,297, with 128,426 injured, the Ministry of Health in afflicted Palestinian enclave said. The majority of the victims are women and children.
U.S. President plans to increase tariffs on steel, aluminum imports
U.S. President Donald Trump confirmed his intention to increase tariffs on foreign imports of steel and aluminum from 25% to 50%, which will increase pressure on steel producers worldwide and threaten to escalate his trade war.
Portugal Wins UEFA Nations League Title
Portugal claimed its second UEFA Nations League title after defeating Spain 5-3 in a penalty shootout, following a 2-2 draw after extra time. The match, held in Munich, Germany, saw both teams create scoring opportunities, but it was Portugal's precision in the penalty shootout that ultimately secured the victory.
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China's Foreign Exchange Reserves Rise to $3.2853 Trillion in May
[07/06/2025]
China's total foreign exchange reserves reached $3.2853 trillion by the end of May, an increase of $3.6 billion or 0.11% compared to the end of April.

U.S. President plans to increase tariffs on steel, aluminum imports
[31/05/2025]
U.S. President Donald Trump confirmed his intention to increase tariffs on foreign imports of steel and aluminum from 25% to 50%, which will increase pressure on steel producers worldwide and threaten to escalate his trade war.

Japan supports its small, medium enterprises with $15.5 billion to face U.S. tariffs
[27/05/2025]
Japanese government announced today, Tuesday, a support package worth $15.5 billion to help small and medium-sized Japanese companies cope with the impact of the hefty tariffs imposed by the United States.

IsDB sings financing agreements worth over$1 billion
[22/05/2025]
The Islamic Development Bank (IsDB) Group, signed several financing agreements with some member countries for a total value exceeding one billion dollars.

GDP grows 0.3 percent in Eurozone, EU in 1Q
[15/05/2025]
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.

Jordan's exports to GAFTA grows 12.2 percent in February
[11/05/2025]
Jordanian exports to the Greater Arab Free Trade Area (GAFTA) by the end of last February of this year increased by 12.2 percent, reaching 515 million dinars, compared to 459 million dinars for the same period last year.

Oil rises as market awaits U.S.-China trade talks
[07/05/2025]
Oil prices rose, today, Wednesday, remaining just above four-year lows, as investors focused on U.S.-China trade talks and signs of declining U.S. production.

Trade between China and Arab countries exceeds $400 billion in 2024
[01/05/2025]
The volume of trade between China and Arab countries exceeded 400 billion U.S. dollars in 2024, and China has remained the largest trading partner of Arab countries for many consecutive years.

Oil prices fall to $65.61 a barrel
[29/04/2025]
Crude oil prices fell in early Asian trading today, Tuesday, as investors' expectations of demand growth eased due to ongoing trade tensions between the United States and China.

Japan reveals emergency economic package to manage effects of U.S. tariffs
[25/04/2025]
The Japanese government announced today, Friday, a package of emergency economic measures to counter the negative effects of high tariffs imposed by US President Donald Trump.

Sterling falls against dollar, euro
[22/04/2025]
The pound sterling fell today, Tuesday, against the US dollar and the single European currency (euro).

UN-ESCWA warns of repercussions of US tariffs on Arab economies
[20/04/2025]
The United Nations Economic and Social Commission for Western Asia (ESCWA) has warned of the repercussions of the new tariffs imposed by the United States of America on the economies of Arab countries.

Gold near highest record amid continued escalation of trade tensions
[17/04/2025]
Gold prices continued to trade near an all-time high during trading, on Thursday, amid the continued escalation of global trade tensions, and ahead of the European Central Bank's decision on interest rates.

Oil rises, boosted by new tariff exemptions
[15/04/2025]
Oil prices rose during early trading today, Tuesday, supported by new tariff exemptions announced by US President Donald Trump.

China's autos industry grows in 1Q 2025
[13/04/2025]
Data from the China Automobile Manufacturers Association showed that car production and sales in China in the first quarter of 2025 reached 7.561 million and 7.47 million units, respectively, with year-on-year increases of 14.5 percent and 11.2 percent, while the production and sales of new energy vehicles increased by 50.4 percent and 47.1 percent, respectively.

Canada begins imposing tariffs on US auto imports of 25 percent
[09/04/2025]
The Canadian government announced the start of new customs measures as of today, Wednesday, including imposing a 25 percent duty on the import of some types of American cars.

Germany: New US tariffs an attack on the global trading system
[03/04/2025]
The German government has confirmed that the new tariffs announced by US President Donald Trump are an economic mistake and represent an attack on the global trading system.

Japan's industrial output grows 2.4 percent
[31/03/2025]
Japan's industrial output grew by 2.4 percent in February after taking seasonal variables into account.

Spain's public deficit amounts to 2.8 percent in 2024
[27/03/2025]
The general deficit of the Kingdom of Spain was 2.8 percent of GDP in 2024.

Global energy demand up 2.2 percent in 2024
[24/03/2025]
Global energy demand increased by 2.2 percent in 2024, driven by higher electricity consumption across various sectors, despite slower growth in China.


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