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The World Bank?’s Board of Directors has approved USD 90 million in additional financing for the Horn of Africa Initiative: Djibouti Regional Economic Corridor project.
The new support will expand the scope of the USD 70 million original project, ap…
Gold prices hovered near record highs on Friday and were poised for a weekly gain, as markets adjusted to the US Federal Reserve’s recent giant interest rate reduction and signs that further cuts were on the horizon.
Spot gold rose 0.2% to $2,592.17…
The United Nations Interim Force in Lebanon (UNIFIL) urged Friday to de-escalate immediately after a significant increase in hostilities on the border between Lebanon and the Israeli entity, following the heaviest Israeli airstrikes in nearly a year …
Secretary-General of the North Atlantic Treaty Organization (NATO) Jens Stoltenberg affirmed on Thursday the need of continued support to Ukraine in its war against Russia. Speaking at an event hosted by the German Marshall Fund on Thursday, Stoltenb…
The price of Kuwaiti oil rose $1.37 to reach $76.08 per barrel in Thursday’s trading, compared to $73.70 in trading the day before, according to the price announced by the Kuwait Petroleum Corporation (KPC).
In global markets, US West Texas Intermed…
The Gulf Cooperation Council (GCC) countries have reiterated their strong condemnation of the ongoing Israeli aggression on the Gaza Strip, the deliberate targeting of civilians, forced displacement, and attacks on the West Bank. They called on the i…
The escalating regional tensions are drawing Syria deeper into conflict, the UN Special Envoy for the country warned on Friday, citing recent Israeli airstrikes and the widespread explosions of wireless devices in Lebanon, which included some in Syri…
Oil prices edged lower on Friday, but were on track to end higher for a second straight week following a steep interest-rate cut by the US Federal Reserve and declining global stockpiles.
Brent futures traded lower 26 cents, or 0.4%, to $73.62 a bar…
Seoul: Samsung Electronics Co. said Thursday its first-quarter net profit surged more than fivefold from a year earlier, driven by