Author: Steven Sahiounie

Spot gold rose 0.2% to $2,388.56 per ounce, as of 1138 GMT, nearing its all-time high of $2,431.29. U.S. gold futures fell 0.1% to $2,404.90

Doha, Qatar: The Industrial Production index (IPI) for February 2024 reached 99.1 points, an 8.2 percent decrease compared to the previous month (January 2024), whereas increased by 0.4 percent, when compared to the corresponding month in 2023.

Saudi Arabia’s Ajlan & Bros Holding has submitted a letter to the Egyptian government, expressing its interest in developing an integrated tourism project in Ras Gamila, Sharm El-Sheikh, in the coming period, Cairo 24 reported, citing sources familiar with the matter.

 Egypt is seeking to raise the private sector’s contribution to the national economy to over 70%, with a focus on boosting local production and exports, Minister of Finance Mohamed Maait stated.

Investing in these funds allows individual investors to purchase gold even if they possess only EGP 100 or EGP 200

The annual trade volume between Qatar and India is positioned firm with $19bln, among which $17bln is the energy exports alone: official

CAIRO – Egypt’s foreign debt climbed by $3.5 billion in the fourth quarter of 2023 to $168.0 billion, data on the planning ministry website showed.

The increase in the number of Saudis in the employment market comes at a time when the unemployment rate among Saudis recorded the lowest level at 7.7% during the last quarter of 2023

The owners of the remains of the Starbucks chain in Russia have asked a court to terminate legal protection of the American company’s trademarks, a court document has revealed.

Lithuania has resumed purchasing grain from Russia after a lengthy hiatus, importing more than 12,000 metric tons in February, worth around $2 million, RIA Novosti reported on Wednesday, citing statistical data.