In one of the first major economic forecasts since the US president waged his tariff war, the IMF has downgraded growth forecasts, much to the chagrin of countries still reeling from past crises
Egypt's central bank on Thursday increased the maximum amount of cash customers are allowed to withdraw from their bank accounts and removed restrictions on how much they could deposit entirely.
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President Biden has made good on a campaign promise, and one that millions of student borrowers have been waiting on: canceling student debt. Biden announced the plan today, tweeting, “In keeping…
Oil prices steadied on Thursday as producer group OPEC+ raised the prospects of curbing oil supplies while the prospect of an agreement that could return sanctioned Iranian oil exports to the market…
Contraction in the eurozone economy for a second straight month pinned the single currency to a 20-year low against the dollar on Tuesday, with surging gas prices adding to misery dragging Europe…
Oil prices edged up on Tuesday after Saudi Arabia warned that OPEC could cut output to correct a recent drop in oil futures.
Brent crude futures rose 32 cents to $96.80 a barrel by 0004 GMT, after…
Oil prices were largely steady on Monday as a relatively tight global supply picture competed with fears of a recession and a rising dollar.
Brent crude futures for October settlement fell 34…
The United Arab Emirates' non-oil trade hit 1.058 trillion dirhams ($288.06 billion) in the first half of 2022, up 17% from a year earlier, the vice president said on Monday in a tweet.
The Gulf…
Most major Gulf stock markets fell on Sunday amid fears of a potential global recession and volatile oil prices, but Egypt continued to rise after its central bank kept its overnight interest rates…
Dubai's Emaar Properties said it is selling fashion e-commerce venture Namshi to Noon, an e-commerce company backed by Dubai billionaire Mohamed Alabbar and the Saudi Arabian sovereign fund the…
Martin Kopf needs natural gas to run his family’s company, Zinkpower GmbH, which rustproofs steel components in western Germany.
Zinkpower’s facility outside Bonn uses gas to keep 600 tons of zinc…
In one of the first major economic forecasts since the US president waged his tariff war, the IMF has downgraded growth forecasts, much to the chagrin of countries still reeling from past crises
After the euphoria of liberation has worn off, Syrians are now confronted with the daunting task of rebuilding a country ripped apart by a decade-long war. It will be a long road, but there is hope.
Uncle Zezo, Uncle Mickey, and Dr Alloush perform in displacement shelters and hospitals, striving to restore fragments of a joy last felt in 2023. Al Majalla meets them.