Browsing: Business

As the impact of COVID-19 curbs in top crude importer China and expectations of more interest rate hikes spurred fears of a global economic recession and decreased fuel consumption, oil prices dropped more than $1 on Wednesday to their lowest

In July 2022, industrial producer prices rose by 4.0 percent in the Euro area, by 3.7% in the EU, in comparison with the same month last year. This is according to the latest estimates from Eurostat, the European Union’s statistical

In the previous fiscal year 2021/2022, Egypt’s economy grew by 6.6 percent, compared to a growth rate of 3.3% in the year prior. This was revealed in a statement released by Prime Minister Moustafa Madbouli. As reported by the state

China’s industrial firms reported a drop in profits in July, reversing previous gains as fresh COVID-19 curbs dragged down demand and squeezed factory margins, while power shortages caused by heatwaves threatened production during the summer. On Saturday, the National Bureau

In an official visit to Saudi Arabia, Bahrain’s Minister of Transportation and Telecommunications, Mohammed bin Thamer Al Ka’abi, met with the Kingdom’s Minister of Transportation and Logistic Services, Eng. Saleh bin Nasser Al Jasser. As a result of the care