Business

Senegal Faces Rising Budget Deficit Amid Investor Concerns and IMF Funding Freeze

Senegal Faces Rising Budget Deficit Amid Investor Concerns and IMF Funding Freeze

A revised draft of Senegal’s 2024 finance bill reveals a higher-than-expected budget deficit, reaching 7.82% of GDP, up from the…
South Africa Proposes Major Energy Deal with the U.S. in Exchange for Tariff Exemptions

South Africa Proposes Major Energy Deal with the U.S. in Exchange for Tariff Exemptions

During his recent visit to the White House, South African President Cyril Ramaphosa presented a strategic proposal to U.S. President…
Qatar Launches $1 Billion Investment Incentive Package to Strengthen Its Position as a Global Business Hub

Qatar Launches $1 Billion Investment Incentive Package to Strengthen Its Position as a Global Business Hub

The Investment Promotion Agency of Qatar (IPA Qatar) has officially launched a $1 billion investment incentive program aimed at boosting…
Saudi Aramco Signs 34 Preliminary Agreements with U.S. Companies Worth Up to $90 Billion

Saudi Aramco Signs 34 Preliminary Agreements with U.S. Companies Worth Up to $90 Billion

Saudi Aramco, the global oil giant, has announced the signing of 34 preliminary agreements with several major American companies, with…
Federal Reserve Holds Interest Rates Steady Amid Rising Inflation and Unemployment Concerns

Federal Reserve Holds Interest Rates Steady Amid Rising Inflation and Unemployment Concerns

The U.S. Federal Reserve decided to keep interest rates unchanged at the conclusion of its two-day policy meeting, citing growing…
Riyadh Air CEO: Ready to Buy Boeing Jets Originally Destined for China Amid Trade Tensions

Riyadh Air CEO: Ready to Buy Boeing Jets Originally Destined for China Amid Trade Tensions

Riyadh Air CEO Tony Douglas stated on Monday that the Saudi startup airline is prepared to purchase Boeing aircraft initially…
Major Food Companies Warn: Rising Prices Threaten Consumers Worldwide

Major Food Companies Warn: Rising Prices Threaten Consumers Worldwide

Leading global food companies have issued successive warnings this week about the growing burden on consumers amid soaring prices of…
Libyan Dinar Loses Over 75% of Its Value in 7 Years: Economic Challenges and Proposed Solutions

Libyan Dinar Loses Over 75% of Its Value in 7 Years: Economic Challenges and Proposed Solutions

The Libyan local currency, the dinar, has suffered a severe blow, losing more than 75% of its value over the…
Morocco Withdraws $496 Million from the IMF Under the Resilience and Sustainability Facility

Morocco Withdraws $496 Million from the IMF Under the Resilience and Sustainability Facility

The International Monetary Fund (IMF) has allowed Morocco to withdraw an additional $496 million under the Resilience and Sustainability Facility…
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