IMF forecasts that Gulf economies will shrink amid conflict
The countries predicted to see the biggest economic contractions are Kuwait, Iraq and Qatar, while more diverse economies will weather shocks better.
Business
Saudi Arabia imposes anti-dumping duties on Chinese aluminum can lids
Saudi Arabia has imposed definitive anti-dumping duties ranging between 15.8 percent and 38.7 percent on imports of aluminum easy-open caps for beverage cans originating from China.
Business
Algeria’s Wheat Tender Boosts European Prices Amid Risk of French Exclusion – الشروق أونلاين
A new Algerian tender to purchase milling wheat has drawn the attention of European grain market participants, who are closely watching the potential volume of purchases and their impact on prices. France, meanwhile, faces the prospect of its wheat being excluded from the tender once again amid political tensions between Paris and Algiers. Paris-listed Euronext […]
Business
Riyadh Metro to add 94 trains in SR5.5 billion expansion, boosting capacity by 60%
Riyadh Metro will add 94 Siemens and Alstom trains under SR5.5 billion contracts, expanding its fleet to 277 and increasing passenger capacity by 60% ahead of Expo 2030.