The Minister of Industry and Minerals, Khaled Battal Al-Najm, accompanied by the Governor of Najaf, Majid Al-Waeli, opened the Babylon Tire Factory, located in Najaf and affiliated with the General Company for Rubber and Tire Industries, after it was rehabilitated, …

The price of Kuwaiti oil barrel rose USD 1.06 to reach USD 97.14 per barrel (pb) on Friday, compared to USD 96.08 on Thursday, according to Kuwait Petroleum Corporation (KPC) on Saturday.

In international markets, Brent crude oil went down …

HE Minister of State and Chairman of the Board of Directors of the Free Zones Authority in Qatar Ahmad bin Mohammed Al Sayed stressed the role of foreign direct investment on economic diversification and job creation. He highlighted Qatar’s unique …

Qatar National Bank (QNB) anticipated that the increasing and unprecedented levels of debt may lead to significant and long-term risks that may limit the growth of the global economy during the coming period due to financial restrictions imposed on companies, …

Deputy Prime Minister for Energy Affairs and Oil Minister Hayan Abdul Ghani confirmed that the Ministry pays exceptional attention to the development of national companies and the national effort.

A statement from the Ministry said, “The Minister of Oil delivered …

A delegation from Jordan’s agricultural sector, led by Minister of Agriculture Khaled Hneifat, embarked on a visit to Algeria on Thursday, joined by industrial and agrarian investors in the plant and animal sectors. The purpose of their visit is to …

In turn, the economist Ahmed Akl stressed that the world is facing a set of challenges, most notably the high cost of assets, high inflation rates, the repercussions of the Russian-Ukrainian war, the consequent sharp rise in food prices, and …

All eyes will turn on Tuesday to New York City, the United States of America, where the United Nations General Assembly (UNGA) is expected to gather in its 78th session, which will be filled with many hot economic files that …

Deputy Prime Minister for Energy Affairs and Minister of Oil, Hayan Abdul Ghani, confirmed the Ministry’s keenness to increase and improve the refining capacities of national refineries and support sincere efforts to reach the Ministry’s goals and plans, including the …

Oil prices rose, on Thursday evening, to their highest levels since the beginning of the year, as expectations of supply shortages overcame fears related to weak economic growth and high crude inventories in the United States.

Brent crude rose $1.74, …

US President Joe Biden said Thursday he has appointed Penny Pritzker to serve as the new US Special Representative for Ukraine’s Economic Recovery.

“As an accomplished public servant, former Secretary of Commerce, and transformative industry leader – with deep familial …

Finance Minister Shukri Bishara today discussed with Norwegian Foreign Minister Anniken Huitfeldt preparations for the upcoming Ad Hoc Liaison Committee (AHLC) meeting of donor countries scheduled to be held next week in New York in conjunction with the meetings of …