Author: Steven Sahiounie

Nearly half of residents worry about monthly expenses, survey says — here’s what’s hitting their wallets the hardest

Egypt exported goods valued at $11.80bln to the EU as of December 2023, down 31.80% from $17.30bln in 2022

The meeting got under way in Washington at 9am local time (1300 GMT) on Tuesday, the Fed said in a statement

RIYADH: China’s CNOOC Ltd. has made a major oilfield discovery in the Bohai Sea, adding over 100 million tonnes of oil equivalent proved in-place volume, the state-owned oil and gas giant said on Monday.

TOKYO: The Bank of Japan ended eight years of negative interest rates and other remnants of its unorthodox policy on Tuesday, making a historic shift away from a focus of reflating growth with decades of massive monetary stimulus, according to Reuters.

RIYADH: Annual inflation in Dubai experienced a modest decrease in February, marking a deceleration to 3.36 percent from January’s rate of 3.6 percent, according to official data.

RIYADH: Egypt’s economy witnessed an uptick in ratings as S&P Global upgraded its outlook for the country to positive from stable.

Iran on March 18 began to take the presidency of the 2024 session of the Conference on Disarmament for four weeks. Iran’s ambassador to the UN offices in Geneva said the country’s presidency of the annual Conference on Disarmament has started on March 18. Ali Bahraini said he has taken the helm at the meeting and begun bilateral negotiations with the purpose of reaching a consensual agenda. Iran presides over the 2024 CD session in Geneva from March 18 to 29 and again from May 13 to 24. The Conference on Disarmament (CD), was recognized by the Tenth Special Session on…

China today said the struggling Al-Shifa Hospital “is an epitome of the ongoing humanitarian crisis” in the Gaza Strip. “China calls for an immediate cease-fire and ramping up humanitarian aid to ease the situation on the ground,” said Mao Ning, spokeswoman for China’s Foreign Ministry. At least 11,180 Palestinians have been killed, including over 7,700 children and women, in Israel’s air and ground attacks on the Gaza Strip since last month, and more than 28,200 others have been injured, according to the latest figures by Palestinian authorities. Thousands of buildings, including hospitals, have also been destroyed or damaged in Israel’s…

The Iranian UN envoy hit back at the US, the UK and France for leveling “baseless allegations” against Iran regarding the situation in the Red Sea and Yemen, denouncing them as a pretext for justifying the unlawful military aggression against the Arab country. In a letter to President of the UN Security Council Yamazaki Kazuyuki on Monday, Saeed Iravani criticized the representatives of the US and the UK for abusing the Security Council platform to level “unfounded allegations” against Iran regarding the situation in the Red Sea and Yemen. Dismissing the American and British comments against Iran made at an…