Author: Steven Sahiounie

U.S. consumer sentiment ebbed in July, but inflation expectations over the next year and beyond improved, a survey showed on Friday.

Saudi Arabia’s logistics services sector logged a remarkable growth rate of 76%, with 11,928 registrations, making it the leading sector in the April-June quarter

The Organisation for Economic Cooperation and Development (OECD) forecasts Austria’s GDP growth to recover to 0.2 percent in 2024 and 1.5 percent in 2025

The Ministry of Finance has wrapped up its Government Financial Management Awareness Programme for the first half of the year

Qatar has improved its score in quality of life and secured 182.9 points, compared to 169.77 in December 2023

Kuwait’s oil GDP will rise by 0.9% quarter-on-quarter (QoQ) in the fourth quarter of 2024 and 4% year-on-year (YoY) in 2025 if its oil production is restored fully

ABU DHABI: The foreign assets of the UAE Central Bank (CBUAE) increased by 2.55 percent during April, reaching AED 750.29 billion at the end of the month, compared to AED 731.62 billion at the end of March.

Mahmoud Al-Hamoud, Jordan’s Permanent Representative to the UN, reaffirmed on Friday that Amman is committed to supporting UNRWA politically and financially and will do everything within its power to support the organization. Addressing the New York pledging conference at the UN headquarters, Al-Hamoud emphasized the impartiality and expertise of UNRWA, refuted the vicious accusations made against it, and emphasized the necessity of boosting financial support for the organization. Al-Hamoud noted that Jordan hosted “The Call for Action: Urgent Humanitarian Response for Gaza” conference which took place in the Dead Sea region last month in collaboration with the Arab Republic of…

Russia on Friday expressed support on Friday for Türkiye’s initiative to normalize relations with Syria, saying it is prepared to assist in the process. At a news conference in Moscow, Foreign Ministry spokeswoman Zakharova praised the ongoing Russian-Turkish collaboration on Syrian issues, highlighting the regular interactions between the two countries in this regard. “We are committed to continuing our close cooperation with our Turkish partners within the Astana format, which remains the only effective international mechanism for advancing a peaceful resolution,” she emphasized. Zakharova said Moscow successfully hosted a series of four-party meetings in 2023 with Türkiye, Syria, and Iran,…

United Nations chief Antonio Guterres declared on Friday that there is no alternative to the UN Palestinian refugee agency UNRWA and 118 countries backed the relief organization as indispensable, amid stepped up efforts by Israel to dismantle it.The UN Relief and Works Agency provides education, health and aid to millions of Palestinians in the Gaza Strip, the West Bank, Jordan, Syria and Lebanon. Since war erupted nine months ago between Israel and Palestinian militant group Hamas in Gaza, UN officials have stressed UNRWA is the backbone of aid operations.“My appeal to everyone is this: Protect UNRWA, protect UNRWA staff, and…