President al-Alimi congratulates on Algeria's Independence
Chairman of the Presidential Leadership Council Dr. Rashad Mohammed al-Alimi sent Saturday a congratulatory message to President Abdelmadjid Tebboune of the People's Democratic Republic of Algeria on the occasion of the anniversary of his country's independence.
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.
Saudi Al-Hilal FC Eliminated from FIFA Club World Cup After 2-1 Defeat to Fluminense
Saudi Al-Hilal FC has been eliminated from the 2025 FIFA Club World Cup after suffering a 2-1 defeat to Fluminense FC from Brazil in the quarterfinals. The match was held at the Camping World Stadium in Orlando, Florida.
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Japan's unemployment rate drops 2.5 percent
[01/10/2024]
Japan's unemployment rate fell 2.5 percent in August, compared to 2.7 percent in July, as more job seekers were able to find new opportunities.

Chinese central bank injects 182 billion Yuan of liquidity into banking system
[29/09/2024]
The People's Bank of China (PBOC) conducted today, Sunday, seven-day reverse repo operations worth 182 billion Yuan (about 25.96 billion U.S. dollars) at an interest rate of 1.5 percent.

IMF approves $7 billion loan to Pakistan
[26/09/2024]
The International Monetary Fund (IMF) board has approved a new $7 billion loan program for Pakistan over three years.

Dollar declines more than 0.5 percent amid interest rate cuts anticipation
[25/09/2024]
The dollar index fell more than 0.5 percent on Wednesday as a result of strong stimulus moves announced by China yesterday, and increased expectations of another major cut in interest rates in the United States in November.

China's central bank conducts 460 billion Yuan of reverse repo
[24/09/2024]
The People's Bank of China (PBOC) conducted today, Tuesday, 14-day reverse buybacks worth 460 billion Yuan (about 65.24 billion U.S. dollars) at an interest rate of 1.85 percent.

WB provides $90 million to carry out Horn of Africa initiative
[21/09/2024]
The Board of Executive Directors of the World Bank (WB) has approved an extra funding of $90 million for the implementation of the Horn of Africa initiative in Djibouti.

Bank of England sets interest rate at 5 percent
[19/09/2024]
The Bank of England announced on Thursday that it will fix the interest rate at 5 percent, one month after cutting it for the first time since March of 2020.

Gold revolves near all-time high
[17/09/2024]
Gold prices rose during trading , today, Tuesday, on 17 September, before the start of the monetary policy meeting of the US Federal Reserve and amid expectations of a possible rate cut.

Further new foreign companies established in China during January- August
[15/09/2024]
The Chinese Ministry of Commerce announced that China saw a total of 36,968 new foreign-invested enterprises established across the country during the first eight months of 2024, up 11.5 percent year on year.

U.S. approves $7.2 billion sale of F-35 fighter jets to Romania
[14/09/2024]
The United States has agreed to sell more than 30 F-35 fighter jets to NATO member Romania in a deal worth up to $7.2 billion.

Beijing strongly opposes Canada's planned extra taxes on Chinese products
[12/09/2024]
China voiced strong opposition after Canada had launched a consultation process on possible additional taxes on more Chinese products.

The Japanese yen hits year-to-date high against the dollar
[11/09/2024]
The Japanese yen hit its highest level since the beginning of the year against the dollar, today, Wednesday, with the first debate between US presidential candidates Kamala Harris and Donald Trump.

Britain's unemployment rate hits lowest since January 2024
[10/09/2024]
Britain's unemployment rate slowed during the three-month period ended in July, recorded 4.1 percent compared to 4.2 percent in the ended three-month period ended in June.

Japan's economy grows 0.7 percent in SQ
[09/09/2024]
The Japanese economy recorded a growth rate of 0.7 percent during the second quarter of this year, compared to the first quarter, after taking seasonal variables into account, according to data issued by the Japanese government Office.

Non-oil businesses in Saudi Arabia grew by 4.9 percent in the SQ
[08/09/2024]
Non-oil and government activities in the Kingdom of Saudi Arabia recorded a growth of 4.9 percent and 3.6 percent, respectively, during the second quarter of 2024.

Standard & Poor's raises Jordan's credit rating to BB for the first time in 21 years
[07/09/2024]
Standard & Poor's has affirmed the Hashemite Kingdom of Jordan's long-term sovereign credit rating in national and foreign currency from B+ to BB – with a stable outlook.

OAPEC : Arab countries have opportunities to be a leading producer, exporter of aviation fuel
[05/09/2024]
The Secretary-General of the Organization of Arab Petroleum Exporting Countries (OAPEC), Jamal al-Loughani said "Arab countries have valuable opportunities to be among the leading countries in the production and export of sustainable and low-carbon aviation fuel."

Brent crude suffers slight losses on fears of weak demand
[03/09/2024]
Brent crude prices suffered slight losses during early Asian trading today, Tuesday, as fears of lower demand due to a slowing Chinese economy overshadowed the impact of the closure of oil production facilities in Libya.

S. Korea exports rise 11.4 percent in August
[01/09/2024]
South Korea's exports extended on-year gains to the 11th straight month in August, data showed Sunday, driven by the strong demand for semiconductors.

Kuwaiti oil up $1.69 to $79.48 per barrel
[31/08/2024]
The Kuwaiti oil rose up by $1.69 to reach $79.48 per barrel in yesterday's trading, compared to $77.79 in the previous day's trading, according to the price announced by the Kuwait Petroleum Corporation.


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