LAHORE — Saudi Arabia’s financial commitment is seen as a pivotal force in rejuvenating Pakistan’s industrial and commercial sectors, stated Mian Kashif Ashfaq, CEO of...
Saudi Arabia and Oman Forge Stronger Economic Ties Through New Trade Talks
Saudi Arabia and Oman are stepping up their game to enhance their trade and economic partnership. On Wednesday, officials from both nations met to discuss...
Putin’s War Economy Faces Pain if Saudis Sink Global Oil Prices
The Russian economy, heavily reliant on oil and gas revenues, faces significant challenges as Saudi Arabia considers increasing its oil production. This move could lead...
Egypt’s Non-Oil Business Conditions Weaken in September; PMI Dips Below 50
Egypt’s non-oil private sector experienced a downturn in September, as indicated by the latest Purchasing Managers’ Index (PMI) report from S&P Global. The PMI fell...
Egypt: The Land of Opportunity
Egypt, often referred to as the “Land of Opportunity,” is rapidly emerging as a hub for trade, investment, and cultural exchange. With its strategic location...
Weekly Drop in Oil Prices After Saudi Arabia’s Move
In a significant shift in the global oil market, prices have dropped by more than 3% over the past week following Saudi Arabia’s decision to...
Saudi Stock Exchange Ends Trading Lower Amid Market Volatility
In a day marked by significant market fluctuations, the Saudi Stock Exchange (Tadawul) closed lower, shedding 102.53 points to settle at 12,271.77 points. The total...
Saudi’s Diriyah Secures $1 Billion Deals with European Firms
In a significant move to bolster its economic diversification efforts, Saudi Arabia’s Diriyah has inked deals worth nearly $1 billion with European firms. This development...
Creative Economy Center Selected to Represent Puerto Rico in Saudi Arabia
The Creative Economy Center of Puerto Rico has been chosen to represent the island at the prestigious Riyadh International Creative Economy Forum in Saudi Arabia....
Price of Key Egyptian Strategic Crop Soars by 400%
The price of tomatoes, a key strategic crop in Egypt, has surged by an astonishing 400%, according to the Deputy Minister of Agriculture for Crop...
Saudi Arabia Abandons $100 Oil Price Ambition to Regain Market Share
Saudi Arabia, the world’s largest oil exporter, is set to abandon its long-held ambition of driving oil prices to $100 per barrel. This strategic shift...
Saudi Arabia Drops $100 Crude Target to Reclaim Market Share
Saudi Arabia, the world’s leading oil exporter, is set to abandon its $100 per barrel crude oil price target in a strategic move to regain...
Egypt Offers Gateway for Korean Businesses in Emerging Markets
Egypt is positioning itself as a strategic gateway for Korean businesses looking to expand into emerging markets. During the second session of the Global Business...
Silkworm Harvesting Transforms Livelihoods in Egyptian Village
In the rural village of Nagaa Awni, located in the Beheira governorate of northern Egypt, silkworm harvesting has brought about a remarkable transformation. Once a...
Greece, Cyprus, and Egypt Hold Trilateral Meeting in New York
The foreign ministers of Greece, Cyprus, and Egypt convened in New York on the sidelines of the 79th Session of the United Nations General Assembly...
Egypt’s Yield on 3-Month Treasury Bills Hits Record 29.6%
Egypt has achieved a record yield of 29.6% on its 3-month treasury bills, reflecting the country’s ongoing efforts to manage its economic challenges and attract...