Business

US Dollar Faces Growing Pressure Amid Concerns Over Economic Institutions’ Credibility

US Dollar Faces Growing Pressure Amid Concerns Over Economic Institutions’ Credibility

The US dollar, along with other financial assets in the United States, is facing increasing pressure that could trigger new…
Amiri Decree Accepts Noura Al-Fussam’s Resignation, Appoints Subaih Al-Muzayen as Acting Minister of Finance

Amiri Decree Accepts Noura Al-Fussam’s Resignation, Appoints Subaih Al-Muzayen as Acting Minister of Finance

The Kuwaiti News Agency reported today, Monday, the issuance of an Amiri decree accepting the resignation of Noura Al-Fussam from…
Visa Opens Its First African Data Center in Johannesburg as Part of $57 Million Investment Plan

Visa Opens Its First African Data Center in Johannesburg as Part of $57 Million Investment Plan

U.S.-based global payments company Visa has announced the launch of its first data center in Africa, located in Johannesburg, South…
Botswana Seeks Greater Control Over De Beers Amid Rising Tensions with Anglo American

Botswana Seeks Greater Control Over De Beers Amid Rising Tensions with Anglo American

In a sign of escalating tensions between the Botswana government and Anglo American, the parent company of diamond giant De…
Egypt Ends Equal Entry Fees for Arab Tourists, Aligns Them with Foreign Visitor Rates Starting 2026

Egypt Ends Equal Entry Fees for Arab Tourists, Aligns Them with Foreign Visitor Rates Starting 2026

After more than two decades of treating Arab tourists the same as Egyptian nationals in terms of ticket prices for…
Elon Musk Rules Out Merger Between Tesla and xAI, But Proposes Shareholder Vote on Investment

Elon Musk Rules Out Merger Between Tesla and xAI, But Proposes Shareholder Vote on Investment

Elon Musk has ruled out a potential merger between Tesla and his artificial intelligence startup xAI, but revealed plans to…
The Times Warns: “Britain Is Bankrupt” Amid Mounting Debt Crisis Linked to Inflation-Linked Bonds

The Times Warns: “Britain Is Bankrupt” Amid Mounting Debt Crisis Linked to Inflation-Linked Bonds

The Times newspaper issued a stark warning this week, declaring that “Britain is bankrupt.” While the phrase itself wasn’t directly…
Russia: Decline in Global Oil Inventories Prompted OPEC+ to Increase Output in August

Russia: Decline in Global Oil Inventories Prompted OPEC+ to Increase Output in August

The Russian government announced on Saturday that the recent decline in global oil inventories was a key factor behind the…
Syria’s Ban on Used Car Imports Sparks Widespread Economic and Public Debate

Syria’s Ban on Used Car Imports Sparks Widespread Economic and Public Debate

In a move that has stirred significant controversy across economic and public circles, Syria’s Ministry of Economy and Foreign Trade…
On behalf of the President of the Republic: Offering condolences to the families of Ahl Al-Waqif and Ahl Khatri

On behalf of the President of the Republic: Offering condolences to the families of Ahl Al-Waqif and Ahl Khatri

On the evening of Saturday, the Presidential Advisor, Mr. Ahmed Ould Al-Nini, conveyed the condolences of His Excellency the President,…
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