Business
S&P affirms Egypt’s ‘B/B’ ratings as policy response cushions regional shocks
S&P affirms Egypt’s ‘B/B’ ratings as policy response cushions regional shocks
The news, anew
Business
S&P affirms Egypt’s ‘B/B’ ratings as policy response cushions regional shocks
Business
Saudi business confidence holds at 56.6 in September as industry improves
Business
The World Bank is in discussions with 30 to 40 countries about potential crisis aid to help them manage energy shocks and price increases triggered by the war in the Middle East, its president, Ajay Banga, told Reuters in an interview. Banga said the global economy had proven fairly resilient, in part due to big AI investments and adjustments in supply and demand for oil, which meant that few countries had sought the initial $25 billion in crisis funds that the World Bank had made available when the war began in late February.
Business
Saudi non-oil industrial output gains 1.2% despite broader contraction
Business
Pledge comes days before Mukesh Ambani's low-cost Reliance Jio's parent launches India's largest-ever IPO.
Business
Tehran shopkeepers are witnessing a sharp decline in sales due to skyrocketing prices triggered by the US-Iran war, which has drastically reduced consumer demand.
Business
By Andrea ShalalBANGKOK, Oct 11 (Reuters) - Finance officials from around the world will gather in Bangkok this week under the shadow of a widening war in the Middle East, the biggest-ever energy supply shock and rising interest rates that together pose daunting risks to already-sluggish global economic growth.
Business
Tehran measure to stabilise goods prices set for nationwide rollout, mayor says Tehran Mayor Alireza Zakani has said that a municipal initiative to stabilise goods prices and offset the impact of US sanctions will be extended nationwide. Zakani wrote on X that despite Trump and US Treasury Secretary Scott Bessent’s "economic war on Iranians", Tehran Municipality launched the “Zero-Inflation Initiative” to freeze essential goods prices for six months. "This economic shield is set to expand nat…
Business
Global financial reform that centers African women
Business
Arzew Port in the province of Oran, western Algeria, is witnessing the loading of 20,127 tons of steel coils for the benefit of the Tosyali Algeria company, on board the ship “FEDERAL CHURCHILL” heading towards the United States of America, within the framework of supporting national exports outside the hydrocarbons sector and enhancing the presence […]
Business
Algeria’s National Agency for the Valorization of Hydrocarbon Resources (ALNAFT) will participate in African Energy Week, scheduled to take place in Cape Town, South Africa, from October 12 to 16, to promote the Algeria Bid Round 2026 and attract international investors. Around 60 companies have already expressed interest in the licensing round, which comprises seven […]
Business
Startup Wrap: MENA funding hits $1.1bn as Saudi deals drive September rebound
Business
By: Robert Sterling – SeaPRwire – DesignRush just put a construction marketing shop on its 2026 GEO shortlist. Estes Media sits there as the only pure construction agency. The rest are national players. That placement is the signal. Contractors still ranking on page one keep getting skipped when buyers ask AI tools who to call. […]
Business
By: Robert Sterling – SeaPRwire – DesignRush just put a construction marketing shop on its 2026 GEO shortlist. Estes Media sits there as the only pure construction agency. The rest are national players. That placement is...
Business
Germany's foreign minister has said Berlin is behind Ukraine's president and will keep pressuring Russia to end its war. Meanwhile, Deutsche Bank's CEO warned that political extremism is spooking investors.
Business
War-driven prices for silver are threatening nagra makers in northern India.
Business
EVIQ, Hala Auto and DSV join forces to accelerate electrification of Saudi logistics sector
Business
Saudi infrastructure boom fuels new lending opportunities for banks