Morocco’s Central Bank Keeps Interest Rate Steady at 2.25%
Morocco’s Central Bank (Bank Al-Maghrib) has maintained its benchmark interest rate unchanged at 2.25%, stating that current borrowing cost levels…
Category: FINANCE
World Bank to Finance Syria with $146 Million to Restore Electricity
The World Bank approved a $146 million grant to help Syria restore reliable, affordable electricity and support the country’s economic…
Egypt courts Chinese investment in sectors amid economic reform
Egypt seeks to deepen economic ties with China as it pushes for foreign investment to support a broad programme of…
Is Bitcoin becoming too valuable to trade?
Bitcoin [BTC] is no longer behaving like the same asset it was a few years ago. In fact, a fundamental shift…
BYD’s Profit Margin Looks Good Amidst Price War Allegations
A hot topic in the EV world lately has been a reported “price war” controversy in China, and perhaps extending…
World Bank Expects GCC Economic Growth to Rise to 3.2%
Gulf Cooperation Council (GCC) economies showed resilience in navigating global uncertainties while advancing economic diversification in non-oil sectors, the World…
OPEC+ Now Key Stabilizer of Oil Prices
Saudi Energy Minister Prince Abdulaziz bin Salman said on Thursday that the OPEC+ alliance has become a key stabilizing force…
Gold Heads for Weekly Fall as Fewer Fed Rate Cut Prospects
Gold prices fell on Friday and were on track for a weekly decline, as an overall stronger dollar and the…
Nakheel issues $204m infrastructure contracts for Palm Jebel Ali, Dubai
Nakheel, part of Dubai Holding Real Estate, has issued three major contracts for infrastructure works on Palm Jebel Ali in…
Turkey’s strategic push for Africa’s minerals
Turkey is intensifying its engagement in Africa’s mining sector, eyeing strategic reserves of critical raw materials (CRMs) through bilateral agreements and new…