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A 35% increase in the price of a loaf of bread to 500 Sudanese pounds has placed further pressure on households in Sudan, where purchasing power continues to decline and bakeries face soaring production costs driven by higher prices for flour, yeast and fuel, persistent power outages and the depreciation of the Sudanese pound against the dollar.
Business
Oman has signed 28 investment agreements totaling over 304 million Omani rials ($790 million) aimed at enhancing projects across its industrial and economic zones, covering more than 2 million square meters. Key investments include a steel products factory in Sohar and various projects in the Sohar, Duqm, and Salalah special economic zones, as part of the country's Eleventh Five-Year Development Plan to diversify the economy and promote non-oil sectors.
Business
By Parisa HafeziDUBAI, Oct 28 (Reuters) - Iranian families are cutting back on food, housing and education as the eight-month-old war with the United States fuels one of the country's worst inflation surges in decades, eroding incomes and pushing households to the brink.The strain is being felt far beyond the country's major cities. Workers say wages no longer cover basic expenses, while businesses face rising costs and weakening demand as families spend most of their budgets on food, rent and other necessities.
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The three-day exhibition brings together government leaders, farmers and international technology providers to explore agricultural innovation and food resilience
