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Lufthansa extends suspension of flights to Beirut, Tehran until early 2025
German airline Lufthansa Group announced that it has decided to extend its suspension of flights to Tehran and Beirut until early next...
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Oct 23, 20241 min read


BRICS summit in Russia: Putin wants to make BRICS a counterweight to “Western hegemony”.
From Tuesday to Thursday, Russia will host the largest BRICS summit since the outbreak of the war in Ukraine. Putin is trying to position...
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Oct 23, 20243 min read


Egyptian President: Egypt's agreement with the International Monetary Fund must be reviewed to ease the burden on citizens
Egyptian President Abdel Fattah el-Sisi hinted on Sunday that Egypt will review its agreement with the International Monetary Fund in...
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Oct 20, 20242 min read


President Putin appoints special representative for cooperation with BRICS countries
Russian President Vladimir Putin has appointed Deputy Head of the Presidential Administration Maxim Oreshkin as Special Representative...
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Oct 19, 20241 min read


Wall Street gains for sixth straight week
The S&P 500 and Nasdaq Composite closed higher on Friday, helped by gains in stock prices from Netflix earnings and a rally in technology...
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Oct 19, 20241 min read


Putin opens door to new BRICS members
Russian President Vladimir Putin said on Friday that the BRICS grouping is open to new members and that no country wishing to join will...
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Oct 18, 20241 min read


Oil prices steady as investors weigh Middle East
Crude oil prices were largely unchanged on Thursday as investors weighed the Middle East, U.S. oil inventory data and China's economic...
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Oct 17, 20242 min read


European stocks rise on ECB rate cut expectations
European stocks rose on Thursday as investors looked for clues on a rate cut by the European Central Bank and parsed corporate earnings....
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Oct 17, 20241 min read


China announces new measures to rescue struggling property sector
China announced on Thursday that it will increase lending to its struggling property market by the end of the year to help renovate 1...
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Oct 17, 20241 min read


The Egyptian government reveals the date of the start of the electrical connection with Saudi Arabia
Egyptian Prime Minister Mostafa Madbouly said that the electrical connection line between Saudi Arabia and Egypt will start operating in...
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Oct 16, 20241 min read


Dubai Digital signs MoU with Microsoft on AI
Dubai Digital has signed a Memorandum of Understanding (MoU) with Microsoft UAE, a wholly owned subsidiary of Microsoft Corporation, to...
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Oct 15, 20242 min read


Israel’s economic growth slows in Q2 amid Gaza war
Israel’s economic growth slowed in the second quarter of the year, data showed Tuesday, as the country’s ongoing war with Hamas in Gaza...
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Oct 15, 20241 min read


Reuters: Egypt’s central bank likely to keep interest rates unchanged
Egypt’s central bank is expected to keep its overnight deposit and lending rates unchanged at its monetary policy committee meeting on...
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Oct 15, 20241 min read


Saudi Arabia: Four airports to be privately managed by 2025
Saudi Arabia is working to make four airports privately managed over the next year, according to Saudi Investment Minister Khalid...
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Oct 13, 20241 min read


China to implement additional fiscal policies to support Chinese economy
At a press conference on Saturday, Chinese Finance Minister Lan Fuan said that additional fiscal policies will be implemented in the...
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Oct 13, 20241 min read


Elon Musk unveils Tesla's robot taxi
Elon Musk, CEO of the American electric car company Tesla, unveiled two models of self-driving taxis and buses on Thursday. The CEO made...
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Oct 12, 20241 min read


US expands sanctions on Iran after missile attack on Israel
Following Tehran’s missile attack on Israel, the United States on Friday expanded sanctions on Iran’s oil and petrochemical sector, the...
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Oct 11, 20241 min read


Russian Presidential Aide Comments on Launch of BRICS Unified Financial Platform
Russian Presidential Aide Yuri Ushakov said that the launch of a unified financial platform and two clearing and reinsurance systems by...
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Oct 11, 20242 min read


ECB official backs two rate cuts this year
In an interview with the Financial Times published on Wednesday, Yannis Stournaras, the European Central Bank’s policy minister, said he...
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Oct 9, 20241 min read


Economic Repercussions of War in the Middle East: Rising Oil Prices, Inflation, and Destruction of Infrastructure
The Middle East is currently witnessing an escalation in armed conflicts, raising significant concerns about the potential economic...
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Oct 7, 20242 min read
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