The Ministry of Finance announced on Wednesday that the budget’s actual deficit hit KD 1.6 billion (nearly USD 5.2 billion) in the fiscal year 2023/2024.
The figure reflects a decrease of 17.9 percent compared to last year, according to a ministry pr…
Abu Dhabi, ADNOC Logistics and Services announced today that AW Shipping, and its joint venture with Wanhua Chemical Group, has awarded shipbuilding contracts to Jiangnan Shipyard in China, priced at approximately AED7 billion in total to build up to …
Washington, World markets steadied on Tuesday as investors looked beyond Joe Biden’s exit from the U.S. presidential race, turning their focus to corporate earnings and economic data.
Biden’s exit from the race has cast some doubt on a Republican vic…
London – Morocco is well on the way to doubling the number of jobs in the aeronautics sector by 2030, Industry and Trade Minister Ryad Mezzour said on Tuesday at Farnborough, south-west of London.
“In line with the Vision of His Majesty King Mohammed…
London – Morocco is well on the way to doubling the number of jobs in the aeronautics sector by 2030, Industry and Trade Minister Ryad Mezzour said on Tuesday at Farnborough, south-west of London.
“In line with the Vision of His Majesty King Mohammed…
Tripoli, Mohamed Al Raid, the Head of the Libyan General Union of Chambers of Commerce, signed with Vladimir Badalko, the Deputy Head of the Chamber of Commerce and Industry of Russia, a cooperation agreement in the economic sector.
The agreement, wh…
The Egyptian central bank announced on Monday that the nation’s external debts dropped to USD 153.86 billion falling by USD 14.17 billion since five months ago (8.43 percent).
The central bank said in a statement carried by the official Middle East N…
China’s central bank cut its two key interest rates on Monday, lowering the one-year loan prime rate, a peg for corporate loans, from 3.45 percent to 3.35 percent, this marks the rate’s first cut since August 2023.
In a statement, the People’s Bank o…