Economy

Oil giant Aramco reported a 24.7 percent decline in profits in 2023 compared to the previous year, as a result of lower oil prices and production cuts.
Driven mainly by a rise in food and beverage prices, cash-strapped Egypt's annual urban consumer price inflation jumped to 35.7% last month.
Gulf retail giant AlShaya Group, established in 1890 in Kuwait, owns the right to operate Starbucks in the Middle East.
As Ramadan nears, Egypt's low and limited-income households are facing an intolerable situation even after the unofficial decline of the value of the US dollar.
The World Trade Organization opened its biennial meeting in the United Arab Emirates as the bloc faces pressure from the United States and other nations.
President Abdel Fattah al-Sisi confirmed on Wednesday that a portion of the funds from the $35 billion agreement were received by the Central Bank of Egypt
Qatar's ruling emir is on a visit to the French capital where he is expected to drum up support for a Gaza ceasefire and strengthen French-Qatari ties.
KRG-Iraq  flag
Last week, Iraq's top court ordered the Iraqi government to 'nationalise' salaries of the northern Kurdistan region's public payroll.
Israel is looking for additional revenue sources to fund its ongoing war on Gaza as its military campaign deals a blow to its economy.
Egypt and UAE sign $35 billion investment deal to develop Ras al-Hekma peninsula. The project is expected to generate $150 billion and help fix Egypt's crisis.