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…

The Turkish Central Bank decided on Thursday to keep the interest rate AT 50 percent for the sixth month in a row declaring vigilance vis a vis the inflation but stoppING short of indicating whether it would ultimately stiffen the monetary policy.

T…

The Bank of England on Thursday kept interest rates steady at five percent, a month after cutting them for the first time since March 2020.

The Monetary Policy Committee (MPC) of the central bank said in a statement that eight of its nine members vo…

The engine defect in the Airbus A350 plane that led to the cancellation of dozens of Hong Kong-based Cathay Pacific Airways’ flights in early September could have escalated into “extensive damage,” public broadcaster Radio Television Hong Kong report…

The Saudi Central Bank, in line with its objective of preserving monetary stability, decided Wednesday to reduce the rate of Repurchase Agreement (Repo) by 50 basis points to 5.5 percent.

The rate of Reverse Repurchase Agreement (Reverse Repo) was a…

During his participation in Gastech 2024, the Minister of Petroleum and Mineral Resources Karim Badawi met with Geoffrey Pyatt, US Assistant Secretary for Energy Resources to discuss enhancing cooperation in energy and carbon emissions reduction. The …

During his participation in Gastech 2024, the Minister of Petroleum and Mineral Resources Karim Badawi met with Geoffrey Pyatt, US Assistant Secretary for Energy Resources to discuss enhancing cooperation in energy and carbon emissions reduction. The …