Thursday, June 11, 2026

Egypt explorers hunt gold in the desert

Off the off-road tracks deep in Egypt's eastern desert, prospectors are ramping up the hunt for the treasure once revered by the Pharaohs as...

Al Kasir Group Launches Diamond Trading on Blockchain

Members of the Private Office of H.H. Sheikh Ahmad Bin Obaid Al Maktoum L.L.C., AL KASIR JEWELLERY TRADING L.L.C. and AL KASIR PORTAL...

Oil dips in Asia amid Saudi Arabia output boost reports

Oil prices eased slightly in Asia Thursday amid reports OPEC kingpin Saudi Arabia would further raise output in August. Prices hit five-week highs this week,...

IMF cuts Saudi growth forecast on oil slide

Growth in OPEC heavyweight Saudi Arabia will slow to its lowest rate in seven years, the International Monetary Fund said Tuesday, as oil prices...

Lebanon banks to shut amid Coronavirus

For the safety of employees during the Coronavirus outbreak, bank branches in Lebanon will close from March 17-29, the banking association said on Monday. It...

Iraq's food business grows despite war and economic slump

Iraqi businessman Zaid Nazo has always been sure of his nation's deep passion for food and wasn't afraid to dream big when he transformed...

Oil prices recover slightly

Oil prices rose slightly on Tuesday, with Brent prices bouncing back from 11-year lows caused largely by a global oversupply of crude. Approaching midday in...

Qatari state fund buys stake in NY's Empire State Building

Qatar's sovereign wealth fund has made an iconic purchase in America — a stake in the company that owns New York's Empire State Building. The...

Sterling plunges to 31-year low, biggest ever fall, as UK votes Brexit

British markets plunged on Friday, with sterling hitting a 31-year low in its biggest fall on record and UK stock futures pointing to a...

Yuan sends Saudi Riyal devaluation wagers to a high

A key currency indicator in Saudi Arabia rose to the highest level since 2008, signaling that some traders are increasing bets that the riyal...

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