S. Arabia’s FDI surges by 5.6% in Q1 ’24
Saudi Arabia experienced a significant boost in foreign direct investments (FDI) in the first quarter of 2024, with…
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S. Arabia’s unemployment rate steady at 3.5% in Q1 ’24
Saudi Arabia's overall unemployment rate remained stable at 3.5 per cent in the first quarter of 2024. This…
Boeing buys Spirit AeroSystems for $4.7b
Boeing announced on Monday it will buy Spirit AeroSystems in an all-stock deal valued at $4.7 billion, totalling…
EGX closes on green note on June 27
Egypt’s stock market closed green on Thursday. The main index, EGX30 went up by 1.53 per cent, to 27664.57 points.
S. Africa’s CCI slightly improves
South Africa's consumer confidence improved slightly in Q2 due to reduced load-shedding and lower fuel and food…
US energy production hits record in ’23
US energy production surged by 4 per cent to nearly 103 quadrillion British thermal units (quads) while consumption…
Namibia to construct 2nd desalination plant in ’25
Namibia will start constructing its second desalination plant in January 2025, with completion expected by early…
IMF approves additional funds for Zambia
The IMF Executive Board has completed the third review of Zambia's 38-month Extended Credit Facility (ECF) and…
Sempra, Aramco ink LNG supply deal
Sempra, a US energy firm, has announced a non-binding agreement with Saudi Aramco for the supply of 5 million tons…
UAE completes $1.5b US bond sale
UAE successfully closed a $1.50 billion, 10-year US dollar-denominated bond maturing in July 2034.