Economy

Mauritania and European Union Fisheries Talks Falter as Protocol Expires

Disputes over financial compensation and access conditions threaten to halt dozens of European fishing vessels in Mauritanian waters.

14 hours ago

Jordan's 26th National Olive Festival Focuses on Small Farmers and Local Rural Goods

Priority is given to verified domestic goods to help household producers in remote governorates access wider markets.

14 hours ago

US Wholesale Inflation Eases Slightly in October as Markets Watch Federal Reserve

Wholesale metrics stay elevated as market attention shifts to interest rate trajectories and Treasury yields.

20 hours ago

Jordan's 26th National Olive Festival Prioritises Small Farmers and Rural Goods

The event runs at Mecca Mall from November 26 to December 11 to open new commercial outlets for local producers.

21 hours ago

German Two-Year Bond Yields Head Toward Biggest Weekly Rise in Two Months

Sovereign debt shifts reflect heightened sensitivity to monetary policy expectations.

21 hours ago

Egypt to Establish New Company to Legalize Informal Gold Miners

An initiative in southern Egypt aims to bring informal prospectors known as al-dahhaba under a formal corporate structure.

22 hours ago

Surging Prices and Currency Slide Deepen Strain on Libyans as Rival Governments Face Criticism

The US dollar has crossed the threshold of 10 dinars on the parallel market amid declining household purchasing power.

22 hours ago

Egyptian Government Defends Allocating Red Sea Land to Settle Debts

Officials maintain the decision aligns with a strategic framework to develop the area and draw investments.

1 day ago

Scott Bessent Urges Federal Reserve to Hold Interest Rates Amid Energy Crisis

The US Treasury Secretary calls on the central bank to show flexibility and avoid monetary tightening in response to energy supply disruptions.

1 day ago

German Parliamentary Committee Approves 2027 Draft Budget

The draft includes new borrowing exceeding 210 billion euros to finance planned spending.

1 day ago

Global Stocks Drop as Tech Pressures and Nvidia Leadership Shakeup Weigh on Markets

Markets grapple with an outage at Microsoft and AI sector anxieties alongside mixed signals from European indices.

1 day ago

Iraq Forms Dedicated Security Force to Protect Pipelines Amid Smuggling Inquiry

The authorities step up surveillance across southern fields as an inquiry into suspected fuel theft north of Babil province prompts the governor's exit.

1 day ago

Jensen Huang Resigns as Nvidia Chief, Rattling Markets and AI Industry

Finance head Colette Kress steps in as interim chief executive as the chipmaker faces steep market drops and questions over its long-term strategy.

1 day ago

Global Silver Demand Forecast to Fall Five Percent in 2026

Shrinking jewelry sales and reduced solar cell usage push projected consumption down to 1.08 billion ounces.

1 day ago

Oil Heads for Second Weekly Loss as Gold Recovers Near 3,900 Dollars

Easing Middle East conflict fears and climbing US stockpiles weigh on crude while metals face interest rate pressure.

1 day ago

Jordan Approves Fixed 30-Dinar Pay Rise for Low-Income Earners

The flat increase targets workers and civil retirees earning 600 dinars or less as lawmakers prepare for the 2027 budget debate.

1 day ago

Eurozone Economy Expands 0.4 Percent in Third Quarter

Official figures beat analyst estimates, giving the European Central Bank room for further borrowing cost increases.

1 day ago

Jordan to Present 41 Investment Opportunities at Jordan-Europe Conference

The event will convene under royal patronage and with the head of the European Commission, amid gains in economic growth and reserves.

1 day ago

IEA Projects Global Oil Demand to Fall by 2.7 Million Barrels per Day in 2026

Total consumption is seen hitting 102.3 million barrels per day amid market turmoil and the conflict involving Iran.

1 day ago

Japanese Yen Crosses 160 per Dollar for First Time Since Early September

Downward pressure on the currency intensified on Friday amid growing market concerns over potential intervention.

1 day ago

Global Stocks Drop as Investors Weigh Impact of Jensen Huang's Resignation and Nvidia Crisis

Equities across Europe and Asia saw limited declines during Friday trading while markets tracked reverberations across the artificial intelligence sector.

1 day ago

Rahal El Mekkaoui Urges Morocco to Diversify Trade and Strengthen Energy Sovereignty

The head of the Istiqlal parliamentary bloc highlights African expansion and social spending in the 2027 budget bill amid global market pressures.

1 day ago

Serie A Clubs Stall Talks Over Selling Media Rights Stake to Avenue Capital

Pushback from league teams delays negotiations and leaves the door open to rival bidders.

1 day ago

Russian Monthly Oil Export Revenues Reach 22.1 Billion Dollars

Ministry data released in Moscow points to expanding shipments across global markets as crude and refined fuel flows rise.

1 day ago

German Corporate Insolvencies Rise to 2,067 in August

Applications climbed year-on-year even as the total financial value of creditor claims fell.

1 day ago

India Merchandise Trade Deficit Climbs to One-Year Peak in October

The trade gap reached 39.88 billion dollars, marking its widest point in twelve months.

1 day ago

Jordanian Economy Faces Strain from Regional Geopolitical Turmoil

The kingdom's geographic position places it amid ongoing crises that affect its economic conditions.

1 day ago

Syria Regains Full Membership in Mediterranean Postal Union After 15 Years

The move finalised in Malta ends a decade and a half of suspension as the country works to rebuild its cross-border shipping and commercial ties.

1 day ago

Indonesia Records Budget Deficit of 1.47 Percent of GDP Over Ten Months

The fiscal gap between January and October reached 379.3 trillion rupiahs.

1 day ago

New York Fed Chief Williams Indicates More Rate Hikes Likely Needed to Lower Inflation

John Williams points to ongoing economic resilience as markets weigh upcoming monetary policy decisions.

1 day ago

First Abu Dhabi Bank Board Approves Capital Increase to Raise Up to 15 Billion Dirhams

The proposed rights issue is intended to support the lender's growth strategy in the UAE and its international operations.

1 day ago

US Dollar Holds Near 19-Month High as Euro Heads for Steep Weekly Loss

Surging Treasury yields and rate hike expectations pile pressure on the yen and major global currencies.

1 day ago

US Commerce Secretary Agrees to Testify Before Congress Over Nvidia Scandal

Lawmakers probe national security reviews following Jensen Huang's resignation amid Chinese espionage suspicions.

1 day ago

Oil Prices Head for Second Weekly Loss as US Blockade on Iran Persists

Crude benchmarks softened on rising US inventories and Donald Trump's remarks, despite persistent maritime tensions in the Strait of Hormuz and strikes on Saudi facilities.

1 day ago

Gold Prices Rise in Global Markets Amid Geopolitical Tensions

The precious metal posted morning gains of 0.91% despite lingering correction pressure across recent months.

1 day ago

Tunisia Trade Deficit Widens to $7.8 Billion as US Reports Record October Budget Gap

Official figures show Tunisia's trade gap pressured by energy costs while the US government starts its fiscal year with a $404 billion shortfall.

1 day ago

Gold Drops to Lowest Level in Over a Year as Oil and Dollar Climb

The metal slid for a third straight session as inflation fears revived and expectations for US interest rates stayed high.

1 day ago

IMF Mission Begins Talks in Beirut Over Banking Restructuring

The discussions aim to shape a comprehensive reform program tackling the financial collapse ongoing since 2019.

1 day ago

Gold Drops to Lowest Level Since October 2025 Under Pressure From Strong Dollar and Inflation Data

The precious metal slid for a third straight session to 3,880 dollars per ounce as US monetary tightening expectations mount.

1 day ago

Jordan Backs Initiatives to Revive the Palestinian Labor Market and Generate Jobs

The kingdom affirms its backing for programs aimed at creating employment and stimulating economic activity in Palestine.

1 day ago

US Existing Home Sales Drop to More Than 16-Year Low in October

Transactions dropped to 3.75m units as elevated mortgage rates and rising inflation kept buyers on the sidelines.

1 day ago

Experts Welcome Egyptian Presidential Decree Allocating Red Sea Land to Cut Public Debt

A presidential decree directs coastal plots toward reducing government debt amid praise from economic specialists.

1 day ago

Egypt and Halliburton Sign Agreement to Prepare 50-Well Drilling Program

The 18-month plan employs horizontal drilling and hydraulic fracturing to unlock unconventional oil and gas resources.

1 day ago

Jordan's Social Security Clarifies No Immediate Repayment Required for COVID-19 Advances

Appearing on the new mobile app for transparency, the balances are linked to Defense Order No. 9 and follow distinct recovery mechanisms.

1 day ago

Jordan Fuel Stations Syndicate Warns of Impending Kerosene Crisis Over Price Disparities

Calls mount for alternatives to the 40-liter purchase limit as subsidized fuel is diverted to substitute diesel.

1 day ago

US Jobless Claims Rise While Labor Market Shows Continued Resilience

New filings for unemployment support picked up last week but stayed within bounds pointing to ongoing hiring strength.

1 day ago

Gulf Specification Labels Face Scrutiny Over Pricing Differences With Imported Cars

Standards for cooling, emissions, and local warranties drive market price gaps between regional and imported models.

1 day ago

Saudi Arabia Increases Crude Oil Production to 10.56 Million Barrels Per Day in October

A 26 percent production rise comes amid energy market swings driven by the war on Iran.

1 day ago

Jordan Offers Green Energy and Hydrogen Investment Opportunities to European Investors

The initiatives encompass clean energy and electricity storage projects aimed at drawing European capital.

2 days ago

Amman Stock Exchange Records 11 Million Dinars in Trading as General Index Declines

The general price index closed at 4,053 points amid drops in financial and services sectors.

2 days ago

Al-Centralia Lexus Launches All-New Lexus ES 350h in Jordan

The eighth-generation hybrid model arrives in three trim levels starting at 55,000 Jordanian Dinars.

2 days ago

Gold Falls Below 4000 Dollars an Ounce for Third Straight Session

A stronger dollar and expectations of tighter US monetary policy weigh on the precious metal despite regional conflict.

2 days ago

Aluminium Buyers Face Deep Supply Squeeze on London Metal Exchange as Stockpiles Plummet

Spot metal surged to historic premiums over futures after warehouse holdings shrank to multi-decade lows and two traders tightened their grip on supply.

2 days ago

Siemens raises medium-term growth outlook after upbeat quarterly earnings

The German industrial group lifted its forecast following strong demand across its train operations.

2 days ago

Jordan Launches Twinning Project to Modernize Mining Sector with European Practices

The initiative launched under the sponsorship of Al-Kharabsheh to upgrade local extraction industries using European standards.

2 days ago

Jordan Cancels Olive Oil Royal Crown Rules and Issues Civil Service Regulations

The Official Gazette published regulatory measures altering olive oil labeling alongside new public sector recruitment rules.

2 days ago

Chinese Stocks Rise on Tech Gains as Hong Kong Declines

Modest gains driven by semiconductor and artificial intelligence firms contrast with losses in Hong Kong.

2 days ago

China Urges United States to Implement Mutual Tariff Cuts Swiftly

Talks continue between Beijing and Washington over an agreement covering 60 billion dollars in imports split evenly between both sides.

2 days ago

Dozens of Bangladesh Garment Factories Shut as Workers Strike Over Wages

Factory owners weigh withholding pay for striking staff as unrest strains an export sector worth 38 billion dollars.

2 days ago

Saudi Arabia Focuses on Investment Quality to Strengthen Its Role as a Global Capital Hub

The next phase of the national investment strategy prioritises productivity gains to attract international capital.

2 days ago

Jordan Caps Kerosene Sales at 40 Liters per Person to Curb Use in Diesel Vehicles

Energy regulators mandate container-only purchases after off-season fuel demand surged amid a price gap with diesel.

2 days ago

European Stocks Touch New Record High on Upbeat Earnings and Cheaper Energy

Solid third-quarter corporate results and declining energy costs extended the market's upward momentum.

2 days ago

Turkey Secures 5.1 Billion Dollars in Financing Pacts with International Banks at Antalya Climate Summit

The ten deals finalised alongside COP31 involve the World Bank, Asian Development Bank, and Islamic Development Bank

2 days ago

France Leans Toward Backing Spain's De Cos for European Central Bank Presidency

Paris indicates support for the Spanish nominee to succeed Christine Lagarde in a move that could pave the way for an accord with Berlin.

2 days ago

Oil Prices Rise as Geopolitical Tensions Escalate in Middle East

Crude benchmarks rebounded from early losses as regional production increases were eclipsed by intensifying rhetoric between Washington and Tehran.

2 days ago

Jordan Caps Individual Kerosene Purchases at Forty Liters

Regulators require fuel stations to dispense fuel in containers only, aiming to curb vehicle misuse and guarantee winter supplies.

2 days ago

Turkey and Canada Sign Agreement for Feasibility Studies on New Nuclear Plant Using CANDU Technology

Signed in Antalya, the deal advances cooperation to comprehensive feasibility and engineering design for a potential nuclear project.

2 days ago

Jordan Presents Over $15 Billion in Investment Opportunities to European Partners

The initiative aims to support the country's economic modernization agenda.

2 days ago

Jordan Conditions Syrian Work Permits on Interior Ministry Security Card

Labour authorities set a 500-dinar fee covering prior periods for first-time applicants who entered the country before October 2026.

2 days ago

Saudi Transport and Logistics Companies Post 21 % Revenue and Profit Growth

Stronger performance in port and logistics services drove sector expansion during the first 9 months of 2026 amid shifting trade flows.

2 days ago

European Business Sentiment Improves in Industry and Services

A survey by BusinessEurope indicates rising optimism across sectors since June amid sovereign debt concerns.

2 days ago

Gold Drops Over $17 to Hit One-Week Low on Strong US Inflation Data

Stronger consumer price figures and a firmer dollar push the precious metal down for a third consecutive session.

2 days ago

Copper Prices Rebound Driven by AI Optimism and Chinese Supply Shortages

The industrial metal recovered from a previous dip as investor enthusiasm for technology firms converged with constrained availability in China.

2 days ago

UK Economy Grows 0.7% in Third Quarter

Gross domestic product expanded in line with forecasts despite elevated energy costs and higher interest rates.

2 days ago

Gold Prices Drop About 3% Toward the 4,000-Dollar Mark

October consumer inflation figures strengthened US rate hike expectations and pushed the metal below 4,100 dollars.

2 days ago

Housing Bank General Management Building Receives LEED Gold Certification

The recognition from the U.S. Green Building Council aligns with the financial institution's deployment of sustainability criteria and climate risk strategies.

2 days ago

Nvidia Shares Drop Over 8 Percent Amid Speculation Over Chief Executive Dismissal

US stock futures face pressure as Asian markets record mixed performance during Thursday trading.

2 days ago

Expert Calls for Extending 30-Dinar Government Increase to Social Security Retirees in Jordan

Social protection expert Mousa Al-Subaihi says excluding the group contradicts social justice amid rising costs.

2 days ago

Jordanian Economic Discussions Weigh Scenarios for Potential Expatriate Return

Analysts examine how Gulf labor shifts and regional instability could impact the domestic economy.

2 days ago

ASEAN Prepares to Launch Joint Petroleum Storage System in 2027

The regional bloc aims to bolster energy coordination through a shared petroleum derivatives storage network starting in 2027.

2 days ago

Young Investor's Early Warning on Nvidia in China Resurfaces Amid Executive Allegations

The assessment highlighting operational exposure in China gains renewed attention following months of obscurity.

2 days ago

Iraq and IMF Make Progress in Talks on Medium-Term Financial Reforms

Talks held in Amman addressed a 2027-2029 reform framework amid severe pressure on crude export earnings.

2 days ago

Lebanese-Turkish Business Council Meets in Beirut to Boost Trade and Discuss Hejaz Railway Revival

Working sessions address free trade activation, reconstruction projects, and efforts to restore the Levant Pact.

2 days ago

US Dollar Climbs to 19-Month High on Growing Rate-Hike Bets

The dollar index rose to 103.02 following elevated inflation readings and hawkish signals from Federal Reserve officials.

2 days ago

Syria and IMF Discuss Economic Reforms and Prepare for 2027 Article IV Consultations

Talks in Damascus covered budget planning, debt sustainability analysis, and mechanisms to address outstanding arrears.

2 days ago

Oil Prices Drop by More Than a Dollar Amid Hopes for Ceasefires in the Middle East and Ukraine

Crude prices fell during Thursday trading sessions as markets reacted to anticipated progress in conflict negotiations.

2 days ago

Gold Drops to More Than One-Week Low as US Dollar Reaches 19-Month Peak

The greenback surged on mounting bets that the Federal Reserve will raise interest rates in December.

2 days ago

The 16th Arab-Austrian Economic Forum concludes in Vienna with Syrian participation

A Syrian delegation led by Transport Minister Yaroub Badr explored investment and partnerships in the Austrian capital.

2 days ago

Bitcoin Reaches 74,452 US Dollars With Market Capitalisation at 1.49 Trillion Dollars

The cryptocurrency gained 0.8% over twenty-four hours despite recording a 7.2% decline over the past seven days.

2 days ago

Saudi Arabia Implements Exceptional Measures to Ease Freight Operations

The actions aim to overcome technical and operational challenges and keep supply chains moving.

2 days ago

Egypt Government Austerity Plan Stirs Concerns Over Industrial Output

Apprehension persists over the consequences of public spending curbs on several national manufacturing sectors.

2 days ago

Oil and Bitcoin Face Downward Pressure Amid Darkening Global Economic Horizon

Economic analyst Mohammad Al-Rawashdeh outlines how US monetary policy and political shifts are rattling commodities and tech assets.

2 days ago

Economic Expert Warns of Sharp Downward Trend Facing Global Gold and Silver Markets

US inflation and Federal Reserve monetary policy pressures threaten prolonged price declines for precious metals into 2027.

2 days ago

Egypt Allocates Red Sea Land to Finance Ministry to Reduce Public Debt

A presidential decree earmarks coastal land for debt reduction and sukuk issuance, while reports differ on the exact acreage.

2 days ago

Artificial Intelligence Threatens at Least 800,000 Jobs in Germany Amid Economic Stagnation

The head of the Federal Employment Agency warned of major labor shifts affecting analytical roles, vocational training, and graduates.

2 days ago

Aqaba Special Economic Zone Approves Allocation of Mu'tah Floating Berth for Vegetable Oil Ships

The measure seeks to enhance handling capacity, streamline cargo operations, and ease pressure on the primary oil terminal.

2 days ago

New Central Bank of Libya Leadership Faces Early Test of International Acceptance

The bank's new leadership confronts an early challenge in managing ties with international institutions and Western partners less than three weeks into its tenure.

2 days ago

Jordanian-European Conference Discusses Energy Investment Opportunities in Storage and Green Hydrogen

Discussions focus on expanding energy sector investments, covering electricity storage and green hydrogen projects.

2 days ago

Three acclaimed Jordan Chamber of Commerce winners back Al-Tajer bloc in Amman

Representatives for electronics, automotive, and IT sectors backed the ticket contesting the Amman Chamber of Commerce race after securing their own seats by acclamation.

2 days ago

Central Bank of Russia Suspends Reporting on Exporters' Foreign Currency Sales

The move halts public disclosures detailing net foreign exchange transactions carried out by Russia's largest export firms.

2 days ago

US Dollar Rebounds Against Egyptian Pound in Bank Trading

The greenback and other foreign currencies gain ground despite inflows of hot money.

2 days ago

Egyptian Presidency Allocates Red Sea Land to Cut Debt and Back Sovereign Sukuk

A presidential decree hands state land to the Ministry of Finance to support sovereign sukuk issuances and curb debt ratios.

2 days ago

King Abdullah II Leads Meeting on Jordan Energy Infrastructure Projects

The session at Basman Palace focused on electricity generation, storage, and renewable energy investment.

2 days ago

Allianz Trade Estimates Damage From US-Iran War in Gulf Exceeds 200 Billion Dollars

The trade insurer projects regional physical losses from the conflict have surpassed the 200 billion dollar mark.

3 days ago

Jordan Allocates 14.5 Million Dinars to Modernise Air Traffic Towers and Navigation Systems

The funding reinvests transit fee gains that followed an airspace redesign project into infrastructure upgrades.

3 days ago

Japanese Government Advisers Urge Prioritizing Growth Over Inflation Target

Economic advisers call for focusing on productivity and real wage gains instead of pursuing the target rate.

3 days ago

Moody's Raises India Economic Growth Forecast to 7 Percent

The credit agency upgrades its prior 6.5 percent projection for the financial year ending in March.

3 days ago

Turkey Plans 300 Billion Dollar Energy Transition Investment by 2040

The investment plan aims to support the energy sector transition and enhance national production capabilities.

3 days ago

Licensed Residential Building Areas in Jordan Rise 14.3% in First Nine Months of 2026

Official figures show total licensed space reached 7.82 million square meters, driven by demand for housing.

3 days ago

SASCO Records Net Loss in Third Quarter of 2026

The Saudi automotive services provider slipped into negative territory during the quarterly period.

3 days ago

European Shares Approach Record Highs on Tech Outlook While Inflation Worries Cap Gains

The STOXX 600 neared peak levels on strong corporate guidance before higher crude prices and US interest rate expectations restrained the rally.

3 days ago

Jordanian Industrial Output Rises 1.05% in First Nine Months of 2026

Official figures show the cumulative production index climbing to 89.89, driven by manufacturing and electricity.

3 days ago

Study Shows 65.1 Percent of Jordan's Population Is of Working Age

A demographic dividend analysis urges expanded economic participation and a narrower gender wage gap.

3 days ago

Turkey Banking Regulator Head Resigns Amid Investment Fund Turmoil

Sahap Kavcioglu steps down after accusations emerged during a wider crisis across the country's fund sector.

3 days ago

Bundesbank Head Projects Faster German Growth in Current Quarter

Joachim Nagel indicated that the economy is poised for momentum despite structural hurdles.

3 days ago

Egypt Expands Hydraulic Fracturing to Tap Unconventional Oil and Gas Resources

The petroleum ministry launches a unified technical review across 38 firms to narrow the domestic energy deficit.

3 days ago

Jordan Allocates 9 Million Dinars for Rail Network and Land Acquisitions in 2027 Draft Budget

The Cabinet approved full compensation and land-swap rules for the Aqaba rail link and Arab Potash expansion, waiving legal deductions.

3 days ago

Jordan to Disburse 30-Dinar Monthly Raise for Public Workers and Retirees in Early 2027

The wage increase covers public sector staff and retirees earning under 600 dinars monthly following economic growth of 5.6 percent.

3 days ago

Jordan Begins Olive Harvest Season as Presses Draw Consumers and Workers

Citizens visit regional presses for fresh oil while the harvest creates seasonal jobs and agricultural byproducts.

3 days ago

Goldman Sachs Projects 25 Basis Point Fed Rate Hike in March

The bank revised its interest rate forecast after recent inflation readings exceeded expectations.

3 days ago

Jordan Trade Ministry Steps Up Market Inspections During White Friday Sales

Inspectors are targeting misleading promotions and urging consumers to report infractions via dedicated hotlines.

3 days ago

Saudi Cabinet Approves New Consumer Protection Law

Commerce Minister Majid Al-Qasabi calls the regulatory move a significant step toward securing consumer rights across the Kingdom.

3 days ago

British Inflation Not Expected to Return to Central Bank Target Before Late 2030

A British institute estimates that the Bank of England will be unable to bring price growth back to 2 percent before late 2030.

3 days ago

Gold and Coin Prices Rise in Jordan

The morning pricing bulletin from the jeweler's association showed increases across major gold karats and coins.

3 days ago

Aluminium Bahrain Profits Drop Sharply in Third Quarter

Operational pressures weighed on the company's financial performance during the quarter.

3 days ago

Uber Secures Two-Thirds Stake in German Firm Delivery Hero

The transaction remains subject to merger control clearance, with completion anticipated in the second half of 2027.

3 days ago

South Korean Stocks Drop Amid AI Investment Concerns and US Rate Hike Bets

Markets fell on Wednesday as traders assessed rising prospects of higher borrowing costs in Washington alongside tech sector risks.

3 days ago

IFAD Targets Food Sector Gaps by Transforming Smallholders into Economic Partners

The organisation aims to bridge funding, technological, and infrastructure deficits across Saudi Arabia and the Nile Valley.

3 days ago

Amman Central Wholesale Market Receives Thousands of Tonnes of Produce

The facility released its daily price ranges alongside incoming shipments of vegetables, fruits, and leafy greens.

3 days ago

Trade Between Tunisia and Libya Increases by 26.5 Percent

Tunisian exports reach 1.8 billion dinars as industrial, food, and manufacturing shipments expand across the border.

3 days ago

US Treasury Secretary Calls for Balanced Trade Ties and Reduced Reliance on China

Scott Bessent urges Washington to manufacture more and Beijing to boost domestic consumption as both sides speak in New York.

3 days ago

Foreign Property Investment in Jordan Rises 9.1 Percent to 186.6 Million Dinars in Ten Months

Iraqi buyers led both transaction volumes and total value, accounting for 41 percent of foreign acquisitions.

3 days ago

Saudi Cabinet Approves Railway Cooperation Agreement With Turkey

The governmental sign-off in Riyadh coincided with a separate 5,000-megawatt renewable power pact signed on the sidelines of COP31 in Antalya.

3 days ago

Oil Prices Rise on Renewed Shipping Concerns in the Strait of Hormuz

Crude futures gain as reports show dozens of maritime attacks and a drop in Russian refining capacity.

3 days ago

Dallas Fed President Logan Calls for Two More Interest Rate Hikes

Central bank official pushes for further monetary tightening amid differing reports on the pace and exact size of the increases.

3 days ago

Jordan Real Estate Trading Hits 5.7 Billion Dinars in 10 Months

Real estate transactions across the Kingdom reached the multi-billion level over a ten-month period.

3 days ago

China's Foreign Trade Reaches 6.67 Trillion Dollars in First Ten Months of 2026

Surging exports of high-tech and mechanical goods push trade to 44.81 trillion yuan

3 days ago

House Speaker Discusses School Canteen Sales Ban Impact with Factory Owners

Manufacturers warn of risks to domestic production following a health ministry directive barring chips from schools.

3 days ago

Iran Warns of Potential Natural Gas Supply Cuts Following US and Israeli Strikes

The production-consumption deficit widens to 430 million cubic meters after strikes hit domestic refineries.

3 days ago

Brent Crude Falls Below 90 Dollars a Barrel as Tensions Ease and Supplies Rise

Oil futures dropped amid potential de-escalation between Washington and Tehran and rising output from OPEC.

3 days ago

Syrian Migration to Germany Slows as Egyptian Expatriate Remittances Reach Record High

Official data reveals Syrian departures nearly balanced arrivals in Germany, while remittance flows into Egypt hit new highs.

3 days ago

Port of Tripoli Unveils Plan to Raise Annual Capacity Beyond 1.8 Million Containers

The initiative combines terminal expansion with plans for a second container dock, logistics upgrades, and a restored rail corridor toward Syria.

3 days ago

Gold Prices Drop in Jordan in Tuesday's Second Official Pricing

The price of 21-karat gold fell by 1.4 dinars per gram according to the jewelers union.

3 days ago

Jordanian Prime Ministry Issues Third-Quarter Report on Economic Modernisation Vision

The Government Performance and Achievement Follow-up Unit releases its monitoring document for 2026.

3 days ago

Jordan Expands Date Exports Toward New Markets While Managing Water Resources

The Jordan Dates Association aims to enter East Asian markets amid expanding cultivation areas and farm irrigation efficiency plans.

3 days ago

Lebanon Approaches Renewal of Preliminary Pact With IMF

Talks proceed at the cabinet level without banks or depositors, years after an earlier deal stalled.

3 days ago

Erdogan Targets Over 100,000 Barrels per Day from Gabar Oil Fields by Late 2027

New discoveries in southeastern Turkey are set to raise regional crude output as the country works to reduce its trade deficit.

3 days ago

Gold Prices Drop Sharply in the Jordanian Market

The second evening pricing bulletin reflected steep declines across all karats as well as gold coins.

3 days ago

US Inflation Rises 0.4% in October Driven by Shelter and Energy Costs

The figures follow midterm elections and reflect continued price pressures linked to energy costs and the Iran war.

3 days ago

Lebanon Resumes Talks With IMF as Financial Gap Law Impedes Preliminary Agreement

The finance minister hopes for a preliminary deal this week despite hurdles facing a 3 billion dollar agreement.

3 days ago

Jordan Continues Preparations to Host Jordanian-European Investment Conference

Authorities press ahead with arrangements for the joint economic gathering while specific scheduling remains unannounced.

3 days ago

Lavrov Says Russian Diesel Deal With US Has Begun Lowering Fuel Prices

The Russian foreign minister highlighted the pact's impact on energy security amid domestic pushback and legal uncertainty in the US.

3 days ago

ExxonMobil Signs Preliminary Agreement to Return to Venezuelan Oil Sector

The American energy giant inks a memorandum of understanding with the government in Caracas.

4 days ago

Nasdaq Futures Drop Under Nvidia Pressure as Markets Eye Inflation

Tech-heavy index futures slipped on Tuesday while traders watched Anthropic and awaited key inflation data.

4 days ago

Wall Street Bonuses Are Set to Rise for Third Consecutive Year in 2026

Projections indicate continued growth in annual incentive pay for workers across New York's financial district.

4 days ago

Jordanian Cabinet Approves 2027 Draft Budget Law Including Pay Increase for Low Earners

The measure provides a thirty dinars monthly raise for eligible staff and retirees amid procedural questions over threshold mechanics.

4 days ago

Short-Term US Treasury Yields Rise in London Following Waller's Call for Rate Hike

Bond market movements occurred during Tuesday's trading amid focus on interest rate policy implications.

4 days ago

Saudi Firm Jahez Swings to Third-Quarter Loss Despite Revenue Growth

Revenues rose by 40 percent alongside a net loss exceeding one million riyals.

4 days ago

Nvidia CEO Admission of Extramarital Affair Prompts Espionage Inquiry and Divorce Speculation

The chipmaker initiated an investigation amid potential Chinese espionage concerns and questions over an enormous financial settlement.

4 days ago

European Equities Approach All-Time Highs Aided by Lower Oil and Widespread Buying

Markets gained at the opening of trading as investors bought across multiple sectors amid weakening crude prices.

4 days ago

Eurozone Bond Yields Drop Following a Decline in Energy Prices

Nations facing elevated financial strains, including France, registered steeper decreases in borrowing costs.

4 days ago

Anthropic Prepares Initial Public Offering That Could Raise up to $64.4 Billion

The maker of the Claude chatbot sets an indicative price range between $70 and $78 per share ahead of its investor roadshow.

4 days ago

SoftBank Posts 7 Billion Dollar Quarterly Loss as Sony Raises Annual Profit Outlook

Japan's technology sector diverged as heavy artificial intelligence bets weighed on SoftBank while entertainment and gaming lifted Sony.

4 days ago

Umniah holds annual staff meeting focusing on team building and long-serving employees

The Batelco subsidiary recognized personnel with 10, 15, and 20 years of service while reviewing corporate milestones.

4 days ago

Singapore Introduces Gold Storage Service for Foreign Central Banks and Financial Institutions

The facility opened on Tuesday to provide bullion custody options for international monetary authorities.

4 days ago

Fed Governor Christopher Waller Backs December Interest Rate Hike

Waller indicated support for an increase of at least a quarter-point in short-term borrowing costs next month.

4 days ago

UAE Fully Implements Digital ATA Carnet System as First Country Outside Europe

Dubai Chamber of Commerce leads rollout of the electronic customs platform ahead of a global transition timeline.

4 days ago

US Fuel Prices Drop Below $4 per Gallon for First Time Since July

Prices marked a significant decline amid differing reports on whether the drop applied to gasoline or diesel.

4 days ago

Al Salam Bank Posts Record Nine-Month Profit as Saudi Electricity Reports Third-Quarter Rise

The Bahraini lender saw profits climb 20.4 percent while the Saudi utility recorded 5.35 billion riyals for the third quarter of 2026.

4 days ago

European Union Aims to Decide Lagarde Succession Before Year-End

Eurozone governments prepare for talks to appoint the next European Central Bank president.

4 days ago

Diverging Accounts Emerge on Jordan Gold Prices Following Daily Association Bulletin

Twenty-one-karat gold settled at 84 dinars per gram to sell as news reports disagreed on whether market prices climbed or dropped.

4 days ago

Copper Prices Rise on Oil Slump and Tech Stock Rebound

Lower energy costs, gains across the tech sector, and Chinese supply constraints lift the red metal.

4 days ago

Roya TV and Qoushan Platform Partner to Launch Fourth Season of Real Estate Show

The renewed partnership continues Jordan's dedicated real estate television show, tracking property developments and investments since 2014.

4 days ago

Bank of England Deputy Governor Leaves Door Open to December Rate Hike

Claire Lombardelli says she does not rule out backing another increase in borrowing costs next month.

4 days ago

Jordan Ministry of Labour Urges Regularization of Foreign Workers with 21 Days Left

Employers and homeowners face fines and deportation orders as the cabinet-approved deadline approaches before December 1.

4 days ago

Tabby Cash Surpasses One Million Users in UAE and Tests Business Accounts

The free spending service crossed the milestone two months after launch, as trials begin on commercial accounts for partner merchants.

4 days ago

Former Jewelry Syndicate Head Osamah Masih Warns Against Borrowing for Gold and Says Prices Are Unpredictable

Masih advised relying solely on surplus cash and gradual saving, cautioning against day trading and leveraged speculation.

4 days ago

Civil and Public Service Commission Announces 24 Government Vacancies Across Four Entities

Openings span technical, engineering, and administrative roles with salaries reaching 1000 dinars.

4 days ago

Muscat Stock Exchange Targets Emerging Market Upgrade Next Year

Oman anticipates fulfilling FTSE Russell benchmarks with support from three planned listings.

4 days ago

Lucid Secures Additional 1.75 Billion Dollar Financing Facility From Saudi Wealth Fund

The American electric vehicle maker increases its loan facilities via fresh backing from Saudi Arabia's sovereign investor.

4 days ago

Tunisia Projects 3.1% Economic Growth in 2027

Prime Minister Sarah Al-Zanzari presented the state budget and economic targets during a joint parliamentary session in Tunis.

4 days ago

Cyberattacks expand from crypto platforms to operational systems of global banks and financial institutions

Traditional financial entities face rising direct operational intrusions and mounting recovery costs as threat scope widens.

4 days ago

China Extends Suspension of 24 Percent Additional Tariffs on US Imports

Beijing retains a 10 percent levy and maintains freezes on other trade restrictions ahead of an expected meeting between Xi and Trump.

4 days ago

Hormuz LNG Tanker Traffic Reached Post-War Peak in October

Laden liquefied natural gas vessels transiting out of the vital maritime passage reached their busiest monthly rate.

4 days ago

Withdrawn Draft Reveals Anthropic Plans IPO Worth Up to About 70 Billion Dollars

Withdrawn paperwork shows the artificial intelligence company preparing for an initial public offering that could reach approximately 70 billion dollars.

4 days ago

Oil Prices Fall as Trump Downplays Military Strikes Against Iran

Crude futures decline in Asian trading following comments calming concerns over Middle East supply disruptions.

4 days ago

US Dollar Weakens Against Major Currencies as Fears of Escalation in Iran Subside

Easing geopolitical tensions and diplomatic engagement lift investor appetite for riskier assets.

4 days ago

Qantas to Cut 850 Jobs as It Shifts Back-End Tasks to India and AI

The Australian carrier partners with Accenture to modernize back-end systems alongside a major fleet renewal.

4 days ago

Gold Prices Dip on Profit-Taking as Traders Await US Inflation Data

Spot bullion fell to 4115.12 dollars per ounce alongside lower crude prices and easing geopolitical friction.

4 days ago

China Trade Surplus Crosses $1 Trillion for Second Straight Year

Advanced technology exports pushed the ten-month surplus to $1.04 trillion as international trade pressures mount.

4 days ago

China Trade Surplus Tops $1 Trillion Driven by Artificial Intelligence Exports

Official figures show the milestone was reached in October, outpacing the previous year's record timeline.

4 days ago

California Voters Reject Measure to Tax Billionaires' Wealth

Ballot measure proposing a one-time 5% levy fails following heavily funded opposition from tech leaders.

4 days ago

Gold Prices Drop Below 4,115 Dollars an Ounce as De-escalation Hopes Grow

Bullion retreated as risk premiums shrank amid positive diplomatic signals pointing toward an end to the war.

4 days ago

German and Chinese Exports Beat Expectations in Recent Trade Data

Berlin outbound shipments rose by 2 % in September amid European demand while China's export expansion reached 35.2% year-on-year.

4 days ago

Gold Prices Rise in Egypt on Global Market Gains

The market price gap shifted in favor of consumers as 21-karat gold concluded Monday trading at 6255 pounds.

4 days ago

Lebanese Depositors Protest in Beirut as IMF Delegation Arrives for Reform Talks

The street demonstrations coincide with four days of discussions focused on banking sector restructuring and the financial gap law.

4 days ago

Economist Says Jordan 2027 Budget Success Hinges on Tangible Impact on Living Standards

Wasel Al-Mashagbeh notes an expected 11% revenue rise relies on tackling tax evasion while current expenditures take up the vast bulk of funds.

4 days ago

US Stocks Climb as Falling Oil Prices Ease Investor Concerns

Major indices clawed back a portion of last week's sharp declines as sentiment improved.

4 days ago

US Stock Index Futures Attempt Recovery as Investors Await Nvidia Developments

Bargain hunting supports early Monday trading while market participants look ahead to updates from the chipmaker.

4 days ago

Jordanian Government Approves 2027 Budget Bill Totaling 13.753 Billion Dinars with No Tax Increases

The draft law sent to parliament raises security allocations and funds pay increases for lower-income public workers.

4 days ago

OPEC Chief Says Energy Future Will Rely on All Sources, Not Electricity Alone

Haitham al-Ghais heralds an era combining diverse supplies rather than depending entirely on power grids.

4 days ago

Jordanian Government Approves Salary Hike in 2027 Draft Budget After 13-Year Gap

The measure targets civil and military employees and retirees earning under 600 dinars per month.

5 days ago

Oil Prices Tumble 4% on Hopes for US-Iran Political Settlement

Easing geopolitical tensions and progress in diplomatic channels reduce supply disruption fears in key shipping lanes.

5 days ago

Nvidia Shares Drop 8 Percent at Market Open Amid CEO Investigation

The technology company shed roughly $200 billion in market value as trading began in New York.

5 days ago

China Producer Price Inflation Climbs to Multi-Year High in October

Surging global oil and energy costs widened the gap between factory gate and consumer prices.

5 days ago

Calls Mount to Review Jordanian Tax Policies Following Cumulative Amendments Since 2019

An expert assessment highlights how recent tax practices have strained consumer purchasing power and created disparities between salaried staff and businesses.

5 days ago

Jordanian Chambers of Industry Discuss Economic and Pharmaceutical Ties with Barbados Prime Minister

Talks in Amman center on pharmaceutical export opportunities and potential bilateral investment pacts.

5 days ago

Saudi Business Confidence Index Dips to 55.5 Points While Remaining in Optimistic Territory

October 2026 data reflects continued positive sentiment across the commercial sector despite a drop in the reading.

5 days ago

UniCredit Raises Annual Outlook Following Strong Third-Quarter Profit

Italy's second-biggest lender lifts full-year guidance after third-quarter earnings surge 24 % beyond market estimates.

5 days ago

IMF Raises Oman's Economic Growth Forecast to 4.5 Percent

The financial fund cited the country's energy sector resilience amid regional conflict.

5 days ago

Oil Prices Fall to 95 Dollars as Supply Worries Ease and Iraq Grapples with Export Bottlenecks

Brent crude drops around 3.5 percent as Washington downplays further escalation with Iran while Iraqi shipments remain bottlenecked.

5 days ago

Turkey Calls for Sustainable Investment Partnership with China

Trade Minister Ömer Bolat invites Chinese firms to establish regional operations in Istanbul and utilize incentive schemes.

5 days ago

China Annual Inflation Slows to 0.7 Percent in October

Consumer prices fell 0.5 percent on the month amid dropping food costs and ongoing global energy market disruptions.

5 days ago

Markazia Toyota Unveils All-New Land Cruiser FJ at Manja Circuit

The 2027 model was showcased alongside its technical specifications and official pricing during a 4x4 Club gathering in Jordan.

5 days ago

Japan's Nikkei index rebounds in Tokyo trading following a sharp technology sell-off

Japanese equities recouped part of their earlier losses amid ongoing caution over US policy decisions and regional strains.

5 days ago

Gold Prices Rise as Dollar Retreats Ahead of US Inflation Data

The precious metal advanced amid softer oil markets and ongoing regional tensions across the Middle East.

5 days ago

Jordanian Cabinet Allocates 14.5 Million Dinars for Aviation Upgrades and Waives 8 Million in Fines

Self-funded aviation projects are approved for the 2027 budget alongside relief for taxpayers settling dues to the national training fund.

5 days ago

Alawneh Exchange Launches Alawneh Pay Digital Wallet in Jordan

The Central Bank-licensed service links digital transactions, remittances, and bill payments with an established nationwide branch network.

5 days ago

Russia Central Bank Chief Opposes Rushing to Cut Key Interest Rate

Elvira Nabiullina indicates that risks of reignited inflation will soon begin to decline.

5 days ago

Eurozone Bond Yields Edge Lower in Early Trading on Weaker Oil Prices

Market movements across European sovereign debt remained narrow despite slight downward pressure from falling energy prices.

5 days ago

Egypt Hits Record Foreign Reserves as Qatari Liquidity Expands

Cairo reaches 57.5 billion dollars in reserves alongside slowing core inflation, while Qatar's total liquidity reaches 262.289 billion riyals.

5 days ago

Japan Executes Largest Daily Intervention in History to Support Yen

Official data reveals monetary authorities sold more than 50 billion dollars.

5 days ago

Sharp Drop in Tech Shares Renews Concerns Over Global Market Resilience

Fading confidence in artificial intelligence investments puts pressure on international exchanges amid worries over broader economic fallout.

5 days ago

Jordanian Cabinet Approves 2027 Draft Budget Exceeding 19 Billion Dollars in Spending

The draft law has been sent to parliament, incorporating wage increases and a projected fiscal deficit reduction.

5 days ago

ADES Holding Net Profit Drops 55.8 Percent in Third Quarter of 2026

Suspended operations reduce the Saudi driller's quarterly profit to 94.87 million riyals.

5 days ago

China Extends Suspension of Additional Tariffs on US Goods by Two Months

Beijing maintains a 10 percent rate ahead of next week's scheduled APEC summit talks.

5 days ago

Copper Prices Rebound on Chinese Supply Concerns

The red metal recovered from last week's declines on Monday amid persistent worries over supply in the world's top consuming nation.

5 days ago

ADNOC Distribution Reports 37 Percent Profit Surge to 791 Million Dollars

Network expansion and higher non-fuel retail margins lift nine-month earnings for the Abu Dhabi-listed retailer.

5 days ago

Japanese Stocks Rebound After Tech Slump as IMF Warns on AI Slowdown Risks

Tokyo markets regain ground following steep losses while the IMF cautions that a cooling tech boom could complicate inflation fights.

5 days ago

Fifty-One Union and Business Association Heads Back Al-Tajer Bloc in Amman Chamber Elections

The electoral ticket contests the chamber race for the third consecutive time backed by widespread business representation.

5 days ago

Arab Bank Launches Digital Platform for Corporate Account Opening in Jordan

The new system allows businesses to submit data and documents online ahead of final signing.

5 days ago

Global Markets Face Crucial Week as US Inflation Figures Shape Interest Rate Outlook

Investors focus on forthcoming price figures amid a dense calendar of economic releases.

5 days ago

QatarEnergy Acquires 25 Percent Stake in Offshore Namibia Exploration License

The agreement with Chevron covers offshore block PEL82 as the state firm expands its footprint in the southern African nation.

5 days ago

Oil Prices Dip Below 100 Dollars per Barrel Following Trump De-escalation Signals on Iran

Brent drops 1 percent to 97.6 dollars per barrel, marking its steepest weekly drop since the 2020 pandemic.

5 days ago

Jordanian Cabinet Approves 2027 Draft Budget with Pay Raise and Lower Deficit

The fiscal plan raises capital spending to 1.7 billion dinars and adds a 30-dinar monthly raise for those earning under 600 dinars.

5 days ago

Aselsan Showcases Containerized Naval Air Defenses in Paris to Shield Commercial Shipping

The Turkish defense firm unveiled container-mounted variants of its Gökdeniz and Göksur systems alongside unmanned strike craft and anti-drone weapons.

5 days ago

GCC States Sign General Agreement for Gulf Railway Project in Manama

The 1,768-kilometer network aims to connect all six member nations by December 2030.

5 days ago

Jordan Ahli Bank Appoints Ameer Al-Salous as Head of Corporate Affairs and Marketing

The appointment also brings him into the financial institution's executive team.

5 days ago

Central Bank of Jordan Deploys Starlink Satellite Communication Gateway

The backup satellite pathway aims to reduce reliance on terrestrial networks during critical disruptions.

5 days ago

Jordanian Jewelers Head Projects Further Gold Rises and Advises Against Delaying Purchases

Precious metal values hit high levels locally and globally amid shifts in financial markets and US political developments.

5 days ago

Amman Central Wholesale Market Receives Daily Produce Shipments and Sets Trading Prices

The facility operated by the Greater Amman Municipality listed lowest and highest rates per kilogram alongside daily intake volumes.

5 days ago

US Dollar and Gold Prices Fluctuate in Egyptian Banks and Markets

The greenback rebounded past 54 pounds after an early decline as precious metal benchmarks recorded shifts across multiple purities.

5 days ago

Social Security Corporation Automates Debt Installment and Electronic Promissory Notes for Companies

The digital service links with Jordan's Sanad platform to verify signatures remotely without in-person branch visits.

5 days ago

Binance Suffers Security Breach Involving 6.34 Billion Dollars in Digital Assets

The cryptocurrency platform allocated its own reserves to cover losses while freezing part of the funds and gradually restoring withdrawals.

5 days ago

Huawei Expands China Tablet Market Lead as Cenomi Centers Reports Profit Decline in Saudi Arabia

Third-quarter performance data shows Huawei's tablet market share growing over a third in China while the Saudi commercial operator faces a 19.1 percent profit drop.

5 days ago

US Dollar Nears One-and-a-Half-Year High Against the Euro

The greenback held onto its gains during Monday trading amid renewed expectations of rate increases.

5 days ago

South Korean Stocks Rebound Driven by Recovery in Semiconductor Shares

Monday's market gains followed a week marked by intense selling pressure across the sector.

5 days ago

Asian Stock Markets Stabilise With Upward Lean as Tech Shares Rebound

Chip equities recover part of their steep losses while investors look ahead to Nvidia results and interest rate shifts.

5 days ago

Strong US Jobs Data Boosts Expectations of December Fed Rate Hike

Accelerated payroll growth and a drop in unemployment to 4.1 percent reinforce prospects of tighter Federal Reserve monetary policy.

5 days ago

Oil Prices Decline as Trump Downplays Prospect of New Strikes on Iran

Diplomatic signals outweighed regional supply concerns following maritime incidents near the Strait of Hormuz.

5 days ago

Bitcoin drops to two-month low amid US regulatory concerns and Binance breach

Crypto markets slipped as investors weighed tighter oversight in the United States and a multi-billion dollar theft from a major exchange.

5 days ago

Gold Gains More Than 1% as Softer Oil Prices Ease Inflation Worries

Cheaper energy and softer rhetoric around Iran eased inflation concerns while investors tracked Federal Reserve cues.

5 days ago

Gold Tops 4,120 Dollars as Falling Oil Prices Ease Inflation Worries

The yellow metal's advance lifted other precious metals as markets look ahead to key United States inflation data.

5 days ago

Crown Prince's Talks with EU Commissioner Open New Paths for Jordan's Digital Economy, Experts Say

The discussions provide fresh momentum for the local technology sector amid focused bilateral cooperation.

5 days ago

Algerian President Orders 11 Measures to Overhaul Agriculture and Control Prices

The decisions establish a pulses board, a specialized statistics office, and measures against hoarding amid rising consumer food costs.

5 days ago

Syrian-Czech Business Forum Opens in Damascus

Fourteen Czech firms meet Syrian counterparts to explore reconstruction and investment ties.

5 days ago

Libyan Parliamentary Proposal to Replace Fuel Subsidies with Cash Triggers Concerns

Economic and public unease grows over the prospect of fresh inflation and rising living costs.

5 days ago

Amman Stock Exchange Records 138.3 Million Dinars in Trading as Index Dips

The general price index settled at 4076 points as losses in financial shares offset gains in industrial and service firms.

6 days ago

Shipping Line Evergreen Resumes Suez Canal Transits

Suez Canal Authority chief Osama Rabie confirms vessels from the carrier are traversing the waterway once again.

6 days ago

Cooperation Council Railway Pact Establishes Joint Operating Framework

The regional rail project moves forward under a shared structure designed to guide construction and service delivery.

6 days ago

Over 10,000 Job Applications Submitted During Zarqa Employment Day

The event brought together officials and private sector leaders to connect local talent with commercial ventures.

6 days ago

Jordan Tourism Board Partners With Aviation College to Attract International Students

A five-year partnership aims to expand educational tourism and promote Jordan's aviation science and aircraft maintenance training globally.

6 days ago

Egyptian Government Introduces Three-Month Spending Rationalization and Austerity Plan

The measures include fuel reductions and project freezes aimed at reorganizing public expenditure priorities.

6 days ago

People's Bank of China Buys 25.8 Tonnes of Gold in October Amid Accelerating Accumulation

The Chinese central bank added around 830 thousand ounces to its official reserves, marking 24 consecutive months of purchases.

6 days ago

Bahrain Highlights Gulf Transport Integration as Key to Economic Security

The transportation minister underlines the importance of joined transport links to safeguard GCC supply lines.

6 days ago

Orange Jordan Announces Election Results for New Board of Directors

The telecom operator reveals the outcome of its board vote following elections.

6 days ago

Bahraini Minister Clarifies Financing Model for Gulf Railway Project

Participating nations will independently fund their respective sections of the regional network.

6 days ago

ADES Holding Secures Contracts to Operate Two Offshore Rigs in India

The agreement with India's Oil and Natural Gas Corporation is valued at up to $117.2 million.

6 days ago

Floods Worsen Gaza Displacement Crisis Amid Deepening Economic Collapse

Tens of thousands of shelters were ruined as Gaza faces an 83 percent economic contraction and severe price hikes.

6 days ago

Lebanon Demands UNRWA Mechanism to Settle Palestinian Camp Power Arrears Amid Disconnection Warnings

The dispute over camp electricity dues resurfaces during a broader public-debt collection drive and severe economic hardship.

6 days ago

Arabian Drilling Returns to Profitability With 31.4 Million Riyals in Third Quarter

The company reversed previous quarterly losses to post an equivalent of 8.4 million dollars.

6 days ago

Egypt Cuts Natural Gas to Fertilizer Plants by 33 Percent

The move seeks to curb reliance on costly liquefied natural gas imports as energy pressures intensify.

6 days ago

Amman Chamber of Industry Organises Participation of Five Jordanian Companies in China Import Expo

The trade appearance in Shanghai marks Jordan's third at the expo and follows King Abdullah II's visit to China in August.

6 days ago

Federal Reserve Chair Kevin Warsh Faces Test Balancing Inflation Fight with AI Investment

Warsh's push on artificial intelligence confronts shifting policy calculations in Washington.

6 days ago

Flaring of Excess Gases Sends Dense Smoke and Flames Over Tehran Refinery

The activation of excess burn-off systems at the Iranian facility triggered visible emissions across the area.

6 days ago

Housing Bank Backs Qimam Leadership Program for Women in Jordan Public Sector

The five-month initiative for 2026 aims to prepare female middle management across ministries for leadership roles

6 days ago

Gulf Cooperation Council States to Sign Rail Linkage Agreement in Bahrain

The accord advances an regional network across the six member countries ahead of a planned 2030 operational target.

6 days ago

Jordan's National Conveyor Ties Water Security to Energy and Foreign Capital

The plan to desalinate and pump water from Aqaba to Amman exposes dependencies on power grids and long-term private financing.

6 days ago

Global Oil Prices Settle Below 100 Dollars per Barrel as Geopolitical Worries Ease

Sharp weekly losses push Brent and US crude down as traders watch Gulf security and regional supply prospects.

6 days ago

Financial Constraints and Sanctions Risks Highlight Limitations of SWIFT Network

A documentary examination explains how correspondent banking and sanctions overshadow messaging access in cross-border settlements.

6 days ago

Fig-Drying Season in Idlib Offers Women Vital Income Amid Economic Strain

Workshops provide essential seasonal earnings for war-affected households despite a 17.6% drop in regional harvest yields.

6 days ago

Iran Allocates 30 Billion Dollars for Imports and Denies Goods Shortages

The central bank channels large-scale funding to businesses while reporting positive results in calming currency markets.

6 days ago

Youth Protests Across Germany Contest Living Costs and Rising Burdens of Pensions and Defense

Around 120,000 demonstrators took to the streets in over 30 cities to oppose conscription, education gaps, and economic pressures.

6 days ago

Luxembourg Eases Immigration Rules for 20 Shortage Occupations from Outside the EU

The country aims to attract 335,000 workers by 2040 to address pressing labor and skills shortages.

6 days ago

Potato Scarcity and Soaring Prices Spark Public Outcry and Official Inspections in Algeria

Kilogram prices climb to 150 dinars despite official caps, prompting online boycott calls and storage seizures ahead of new harvests.

6 days ago

Sudan Lifts Import Ban on 44 Goods and Scraps Food Duties to Ease Market Prices

The measure seeks to curb soaring living costs as the domestic currency slides past 10,000 per US dollar.

6 days ago

Labor talks extended to November 20 at Los Angeles and Long Beach ports to avert strike

A temporary pact between employers and port security workers grants extra time to prevent disruptions across the major US shipping hub.

6 days ago

Singapore Airlines Commits Multi-Billion Dollar Cabin Overhaul Across Long-Haul Fleet

The retrofit program covers 72 Airbus and Boeing aircraft and is scheduled to enter service starting in 2027.

6 days ago

Britain Opens Regulatory Investigation into Sky's Purchase of ITV Broadcast Business

Culture Secretary triggers public interest review of the £1.6 billion deal over media diversity and free expression.

6 days ago

Egypt Discusses Oil, Gas, and Mining Project Financing with Africa Finance Corporation

Talks in Cairo focused on securing investment for exploration, refinery upgrades, and industrial energy efficiency.

6 days ago

Small-Scale Solar Powers Impending African Energy Boom Amid Financing Constraints

Decentralized photovoltaic installations lead clean energy expansion across the continent as large-scale projects face persistent delays.

6 days ago

Turkey Rises to 13th Globally in Scientific Publication Output

The country's climb from 35th place comes alongside $3 billion in annual economic contributions from international students.

6 days ago

Turkey Marks 41st Defense Industry Anniversary with Over 80 Percent Localization and 10 Billion Dollars in Exports

The Presidency of Defense Industries detailed structural growth in local production, project volume, and workforce since 2002.

6 days ago

Global Financial Markets Shaken as Tech Shares Plunge Following US Midterm Elections

Major technology corporations shed about $1tn in a single session before Wall Street trimmed its weekly losses.

6 days ago

Berkshire Hathaway Accelerates Share Repurchases as Operating Profit Falls

The conglomerate boosted buybacks to $9.6 billion in the third quarter despite contractions in overall and operating earnings.

6 days ago

Algerian Government Imposes Inspections and Launches Digital Tool to Tackle Food Shortages

Inspectors deploy across wholesale and retail markets as potato prices surge past caps and cooking oil shortages extend beyond two weeks.

6 days ago

Egyptian Pound Rebounds Against Dollar but Retail Prices Hold Firm

Currency gains fail to lower consumer costs as merchants cling to peak dollar valuations and hedge against future currency risks.

6 days ago

Egyptian Government Approves Three-Month Austerity Plan to Rationalise Spending

The measures target cuts to fuel and energy use alongside non-essential outlays while shielding vital sectors and social support.

6 days ago

Jordanian Tax Authority Bans Loose Shisha Sales and Mandates Packaged Tobacco

Factories must restrict distribution to approved packaging under tighter inspections and operating standards.

6 days ago

Binance Chief Financial Officer Steps Down After Multi-Billion Dollar Cyberattack

The cryptocurrency exchange appointed Justin Yik to replace Kaiser Ng as clients pulled billions following the breach.

6 days ago

Wall Street Sell-Off Hits Global Markets as Doubts Grow Over AI Spending

Asian and European chip shares tumbled following a 5.5% slide in the Nasdaq triggered by U.S. midterm results.

6 days ago