Saudi and Russian delegates to hold business forum in Moscow
A high-profile business conference hosting Russian and Saudi delegates will begin this week in Moscow, Arab News reported on Tuesday.
The governor of the Saudi...
Coronavirus outbreak could slow the global economy
Shares tumbled in Asia on Thursday as concern over the impact of the virus outbreak in China deepened.
Shares also retreated in India and Southeast...
Debt payments cancellation for 25 poor nations – IMF
IMF Executive Director Kristalina Georgieva issued a statement saying the IMF executive board approved the immediate debt service relief for 19 African countries, Afghanistan,...
Islamic halal economy set to grow, say experts
The halal economy is set to grow as the world’s Muslim population expands and more products are certified to comply with Islamic sharia law,...
Algeria’s public debt rises to 45% of GDP
Algeria has been under financial pressure after a fall in energy earnings and foreign exchange reserves amid growing demands from the country's 43 million...
Iran oil exports has been reduced
Iran oil production projects have been reduced, Iran's Oil Minister Bijan Zanganeh said on Tuesday, according to the official IRNA news agency.
Iran has had...
Oil price slump to start affecting Saudi banks
The impact of lower oil prices will soon start to weigh on Saudi Arabia’s banks, which are likely to see bad loans edge higher...
Asia stocks rise, spurred by hopes for COVID treatment
TOKYO (AP) — Asian shares were mostly higher Tuesday as investors hung onto hopes the coronavirus pandemic may come under control with treatments being...
Lebanese pound weakens during a coronavirus lockdown
Since the government declared a medical emergency on March 15, Lebanon's cash-strapped banks have limited their services to critical imports and paying out salaries...
Donor conference raises $1.8 billion for Sudan – Germany
Berlin (AFP) - Pledges worth $1.8 billion were made at a donor conference to drum up international support for Sudan on Thursday, said Germany's...
