Economy

Libya's Investment Corporation, Luay Al-Qaraw, denied recent rumours circulating about the institution injecting $5 billion to increase its investments in...

The European Investment Bank (EIB) has inked a 25-year financing deal worth €72 million aimed at bolstering the revamp of...

Egypt's recent measures including cash injections, currency devaluation, and interest rate hikes have yet to prompt Fitch to revise the...

Red Sea tensions have escalated shipping container costs from Europe to South Korea by approximately 40% in February amidst ongoing...

Iraq's Minister of Electricity Ziyad Ali Fadel said Baghdad will complete the connection with the Kuwaiti electricity grid by the...

Thomas Ostros, Vice-President of the European Investment Bank (EIB), has announced the bank's ambition to pursue climate-related investments across Africa....

On Wednesday, British maritime security firm Ambrey disclosed its awareness of a missile-related sighting in the Gulf of Aden. In...

McDonald's Chief Financial Officer, Ian Borden, announced on Wednesday that international sales are expected to decline further in the current...

Oil prices remained largely unchanged on Tuesday as the Organization of the Petroleum Exporting Countries (OPEC) upheld its projections for...

Algeria's fuel production rose to nearly 170 million tons of oil equivalent in 2023, marking an increase of over 3%...