IMF further cuts forecasts for S. Arabia’s economy this year
The International Monetary Fund (IMF) lowered on Tuesday its growth outlook for Saudi Arabia to 1.5 per cent in…
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Saudi Arabia
Egypt’s food exports up last week
Egypt’s food exports reached 174,000 tons in the week through October 18, marking a 21.6 per cent rise from the…
Egypt prioritises financial stability, exports, green economy transition – FinMin
Egypt's economic reforms are increasingly focused on financial stability and the growth of production and exports…
Filipino expat remittances rise in August ’24
Remittances from expatriate Filipinos continued to rise in August 2024, reaching $3.20 billion, a 3.3 per cent…
Oil flow through Red Sea falls by 50% in ’24 – EIA
Oil flows through the Bab el-Mandeb Strait, a key chokepoint at the Red Sea's southern entrance, have fallen by…
Egypt’s food exports down 28.5% in week
Egypt’s food exports reached 143,000 tons in the week through October 11, marking a 28.5 per cent decline from the…
Private equity investments surge in the Middle East
Private equity and venture capital investments in the Middle East have seen significant growth in 2024, focusing on…
Al Majed for Oud soars in Saudi IPO
Al Majed for Oud Co., a Saudi Arabia-based perfume maker, surged by the maximum limit in its Riyadh stock market…
Egypt’s food exports jump 6.3% in latest week
Egypt’s food exports reached 200,000 tons in the week through October 4th, marking a 6.3 per cent surge from the…
Oil up on Wednesday
Oil prices surged over $1 on Wednesday due to escalating Middle East tensions following Iran's military strike on…
