An earthquake measuring 4.9 on the Richter scale struck central Syria on Friday.
The Syrian National Earthquake Center stated that the earthquake occurred 28 kilometers east of Hama Governorate and was felt by residents of the Syrian governorates.
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HE Prime Minister and Minister of Foreign Affairs Sheikh Mohammed bin Abdulrahman bin Jassim Al-Thani sent a cable of condolences to the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud of the sisterly Kingdom of Saudi Arabia on th…
Oil prices rose by more than a dollar Thursday, after US economic data eased fears of an imminent recession in the United States, the world’s largest economy, but continued concerns about slowing global demand limited gains.
Brent crude futures rose …
AJMAN: Abdullah Mohammed Al Muwaiji, Chairman of the Ajman Chamber of Commerce and Industry (ACCI), launched the Ajman Chamber’s 2024 – 2030 Strategy, in alignment with the Ajman Vision 2030 and its strategic objectives and eight underlying principles…
CAIRO: Noatum, an AD Ports Group company, announced the acquisition of a majority stake in Safina B.V., a leading provider of maritime agency and cargo services in Egypt and across the Middle East region. The deal is expected to close in Q3 2024.
The…
The dollar hovered not far from a two-week high to the yen on Friday after its biggest one-day gain against major peers in four weeks as firm US economic data all but eliminated fears of a recession.
The greenback had been given an extra boost agains…
The Central Bank of China conducted 137.8 billion yuan (nearly $19.28 billion) of seven-day reverse repos at an interest rate of 1.7% on Friday.
The move aims to keep liquidity reasonable and ample in the banking system, the central bank said, accord…
The price of Kuwaiti oil went down 56 cents to reach $79.92 per barrel on Thursday, compared to $80.48 pb the day before, according to Kuwait Petroleum Corporation (KPC) on Friday.
On the global scale, the Brent crude futures’ contracts went up $1.28…
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