Business
US Dollar Faces Growing Pressure Amid Concerns Over Economic Institutions’ Credibility
August 14, 2025
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
August 11, 2025
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
August 6, 2025
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
August 2, 2025
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
July 27, 2025
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
July 23, 2025
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
July 20, 2025
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
July 12, 2025
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
July 10, 2025
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
July 5, 2025
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,…