Japan announced on Wednesday a revision of its military export regulations, enabling the international sale of a …
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Saudi Arabia
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FeatureIndustry & TradeMENA NewsNewsTech/AI
Middle East to become sole region boasting $3tn funds
by Aya Anwarby Aya AnwarThe Middle East, abundant in oil wealth, is on the brink of becoming the sole region boasting …
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Egypt NewsFeatureIndustry & TradeNewsTech/AI
Egypt’s commodity exports hike by 6% in Jan-Feb
by Nada Aliby Nada AliEgypt’s commodity exports increased by six per cent growth in January and February 2024, reaching $6.121 billion …
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ArabFeatureStocksUSAWorld
Mixed moves in Gulf stocks, eye on US inflation
by Aya El Sayedby Aya El SayedGulf stock markets showed mixed performance in early trading on Monday as traders anticipated US inflation data …
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FeatureIndustry & TradeMENA NewsNews
Aramco’s ’23 profit drops to $121b
by Aya El Sayedby Aya El SayedAramco, the Saudi oil giant, announced on Sunday a $121 billion profit in 2023, down from its …
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FeatureIndustry & TradeMENA NewsNewsTech/AI
Aramco raises dividend to $31b despite lower oil prices
by Nada Aliby Nada AliAramco raised its dividend payment to investors and the Saudi government, totalling $31.07 billion in the fourth …
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FeatureIndustry & TradeInternational NewsMoneyNews
Russia halts gasoline exports for 6 months
by Aya El Sayedby Aya El SayedRussia imposed a six-month gasoline export ban starting on March 1 to stabilise prices due to increased …
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Egypt NewsFeatureIndustry & TradeNews
Egypt’s trade balance deficit falls by 68% in Jan. ’24
by Nada Aliby Nada AliEgypt’s trade balance deficit fell by 68 per cent, showing a significant improvement, while the country’s imports …
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FeatureIndustry & TradeMoneyTech/AI
Saudi deal flow to increase as wealth fund seeks cash
by Aya Anwarby Aya AnwarAs the Saudi Arabian sovereign wealth fund seeks to raise capital for its ambitious projects, deal activity …