السعودية تخفض أسعار نفطها لآسيا على غير المتوقع إلى أدنى مستوى في ست سنوات
السعودية تخفض أسعار بيع خامها الآسيوي لأدنى مستوى منذ 6 سنوات لتعويض عملائها عن ارتفاع تكاليف الشحن البحري وتأثيرات اضطراب التصدير.
Business
Gulf resilience winning over world's biggest investors, says senior World Economic Forum official
Investors are increasingly confident in the Gulf's economic resilience, according to Kelsey Goodman from the World Economic Forum, who highlighted the region's solid fundamentals and long-term diversification efforts. AI is identified as a key opportunity for investment, as the Gulf aims to lead in AI infrastructure while simultaneously influencing global economic trends through strategic capital allocations and advanced manufacturing initiatives.
Business
IsDB signs $238m Cameroon road deal, discusses support for Syria and Mozambique
The Islamic Development Bank (IsDB) signed a €212.35 million ($238 million) financing agreement with Cameroon to support the Douala–Bafoussam Road Rehabilitation Project, enhancing regional connectivity and access to economic opportunities. Additionally, IsDB discussed recovery efforts for Syria and potential support for Mozambique during meetings at the World Bank Group-IMF Annual Meetings in Bangkok.
Business
Turkish Cenbank Says to Maintain Tight Monetary Stance Till Price Stability
Turkish Central Bank Governor Fatih Karahan on Wednesday said the bank would maintain its tight monetary policy until price stability is achieved. According to Reuters, He was speaking about Türkiye's monetary policy and macroeconomic outlook during a visit to Bangkok for a meeting of the World Bank. Here are some details from the governor's presentation: