Browsing: Economy

The evaluation is based on countries’ adeptness in resource management to ensure prosperity for their populace

Egypt’s Minister of Foreign Affairs, Sameh Shoukry, hosted Vivian Balakrishnan, the Foreign Minister of Singapore, on March 23rd during his official visit to Egypt spanning the 22nd and 23rd of March

The sub-index for mining and quarrying activity, which accounts for 61.4% of the index weight, rose to 98.2 points from 98 points in December last year

Moody’s Ratings (Moody’s) has on Saturday changed the outlook on the Government of Tunisia to stable from negative and affirmed the Caa2 long-term foreign-currency and local-currency issuer ratings.

The narrowing was due to a jump in oil revenues (+15% m/m to KD16.4 billion YTD) and higher non-oil revenues (+24% m/m to KD1.45 billion)

Fitch upgraded its credit rating for UK government debt from “negative” to “stable” Friday, citing easing economic policy risks, while reaffirming the country’s AA- rating.

Iran’s currency fell to a record low on Sunday, plunging to 613,500 to the dollar, as its people celebrated the Persian New Year.

KARACHI: Major deals with Saudi firms have left Pakistan’s information technology exporters hopeful of hitting the $3.5 billion trade milestone in 2024.

LONDON: Oil prices were little changed on Friday, with global benchmark Brent hovering above $85 per barrel, as the possibility of a ceasefire in Gaza gained traction.

CAIRO: Startups throughout the Middle East and North Africa region are experiencing a surge in funding, significantly energizing the entrepreneurial ecosystem.