Browsing: Economy

RIYADH: Energy giant Saudi Aramco is eager to enhance cooperation with China, particularly in areas such as carbon capture techniques, stated the company’s CEO. 

ISLAMABAD: The Saudi Fund for Development is in talks with Pakistan to collaborate on several projects across various sectors such as energy, health, education and infrastructure, a top Pakistan official said on Sunday.

MOSCOW, March 22. /TASS/. The X5 Group, which manages Pyaterochka, Perekrestok, and Chizhik retail chains, increased its net profit under IFRS in 2023 by 72.8% year-on-year to 90.284 bln rubles ($985.24 mln) under IFRS 17 standards, the company said on Friday.

The Bank of Russia once again decided to maintain the key rate at 16% per annum at its second meeting…

The dollar-to-ruble rate went up by 0.63% to 92.69 rubles, while the euro-to-ruble rate rose by 0.015% to 100.10 rubles

Elvira Nabiullina noted that during the meeting on the key rate, different opinions were voiced regarding inflation

Tunisia has made significant progress in liberalising the dinar, one of the conditions of the International Monetary Fund (IMF), in addition to capital liberalisation

The Egyptian government intends to review petroleum subsidies for the upcoming fiscal year (FY) 2024/2025 budget, after hiking prices of all categories of gasoline and diesel, Minister of Finance Mohamed Maat told Asharq Business.

The CBJ projected that the national economy would achieve a real GDP growth rate of at least 2.6 per cent in 2023

“Raising the debate around currency right now causes jitters among investors. Tomorrow, investors are going to wait and see before investing,” Ba told journalists in Dakar