Egypt’s annual inflation rate decelerated to 25.2 percent in July 2024 from 27.1 percent in June, with annual urban inflation slowing to 25.7 percent in July from June’s 27.5 percent, according to the latest data from the Central Agency for Public Mob…
The World Gold Council announced today, Thursday, that Iraq has increased its gold holdings to more than 148 tons.
According to the latest report published by the council in August 2024, Iraq has advanced one rank to reach 29th place globally out of…
Deputy Prime Minister for Energy Affairs and Minister of Oil Hayan Abdul-Ghani announced today, Thursday, the organization of contracts to increase oil production and gas investment in 9 governorates, while pointing to the operation of gas compressor…
Rabat – The net flow of foreign direct investments (FDI) in Morocco reached 11.1 billion Moroccan dirhams (MAD) in 2023, compared to MAD 23 billion in 2022, a decrease of 51.7%, according to the Foreign Exchange Office.
According to the Office’s 2023…
Singapore, Oil prices recovered in Asian trading on Wednesday, but gains were capped by weak demand.
Brent crude futures rose 17 cents, or 0.16%, to $76.60 a barrel by 0615 GMT. U.S. West Texas Intermediate crude rose 17 cents, or 0.23%, to $73.37.
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Oil prices rose on Wednesday from their lowest levels in several months, amid concerns that production will be affected by rising tensions in the Middle East.
Brent crude futures rose in European markets by $1.10, or 1.4 %, to $77.58 a barrel, while …
The Ministry of Planning held a joint meeting today, Wednesday, with representatives of the World Bank, to discuss the progress made in implementing projects funded by the World Bank, and the problems and obstacles facing their implementation.
The Di…
Finance Minister Ahmed Kouchouk said his ministry will work for launching new financial instruments for the local market over the period ahead.
The ministry will also focus on facilitated finance from financing institutions, paying special attention …
Labor Minister Mohamed Gobran has stressed that the state is keen to encourage investment, support industry and exports and create a favorable business climate. The minister’s remarks came on Tuesday6/8/2024 during his tour of a jasmine and perfume fa…
Rabat – France was the leading investor in Morocco for 2023, with a net flow of 6.8 billion dirhams (MAD), compared with MAD 3.8 billion in 2022, an increase of 79.5%, according to the Foreign Exchange Office.
This flow reflects a 61.4% share of the …
Rabat – Remittances from Moroccan expatriates reached record 115.3 billion dirhams in 2023 compared to 110.8 billion dirhams a year earlier, according to Morocco’s Foreign Exchange Office.
The average annual growth rate of these remittances over the …
Manama, Aluminium Bahrain (Alba), the world’s largest single-site smelter, and Daiki Aluminium Industry Company, Japan’s leading aluminium product manufacturer, announced today a strategic partnership to establish a sustainable aluminium dross process…
Sabha:Tripoli The House of Representatives held a significant session in Sabha, led by Speaker Engineer Salehin Abdulnabi, with the participation of First Deputy Speaker Tareq Al-Ashtar and Second Deputy Speaker Misbah Douma. This marks the first offi…
Sabha:Tripoli The House of Representatives held a significant session in Sabha, led by Speaker Engineer Salehin Abdulnabi, with the participation of First Deputy Speaker Tareq Al-Ashtar and Second Deputy Speaker Misbah Douma. This marks the first offi…
Tripoli:The Prime Minister of the Government of National Unity, Abdulhamid Dbeibah, held discussions with the Acting Governor of the Central Bank of Libya, Fawzi Abu Khuzam, focusing on the financial and economic conditions of the country and the need…
Sabha:The Speaker of the House of Representatives, Al-Salihin Abdul Nabi, has declared that the historic session held in Sabha signifies Libya’s unity and reinforces the institutional presence across the nation’s regions. This session marks the first …
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