Browsing: Economy

Gold prices are expected to rally further in 2024 as lingering uncertainty about the prospects for the global economy spurs safe-haven demand for the metal, Reuters reported this week, citing industry experts.

Russian natural gas production has continued to grow in annual terms for the fourth month in a row in November, reaching nearly 60 billion cubic meters, business daily Kommersant reported this week, citing official data.

The trend should continue once Cairo finalizes a free trade deal with the Eurasian Economic Union, Aleksey Tevanyan says

The construction arm of India’s Larsen & Toubro has secured an engineering, procurement, and construction contract for setting up systems related to renewable energy generation and utilities in Saudi Arabia’s AMAALA project. 

Egypt’s petroleum sector made huge strides in 2023 with the signing of 29 agreements valued at $1.2 billion for oil and gas exploration.

The Gulf Cooperation Council and South Korea are set to bolster their economic ties with a new free trade agreement. 

Saudi Arabia’s startup ecosystem flourished in 2023 with the venture capital sector reaching new heights.

Gold prices were set on Friday for their best year in three on strong bets of U.S. interest rate cuts early next year and as the war in Ukraine and tensions in the Middle East lifted safe-haven demand.

The piece, which commemorates the 25th anniversary of the currency, was written by European Commission president Ursula von der Leyen

Over the past nine first months of 2023, Tunisia’s average inflation reached 9.7% compared to 7.8% during the same period of 2022