Economy
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Wizz Air launches first-ever flight to Saudi Arabia from Italy
Budget airline Wizz Air launched a new flight route from Rome to Dammam, marking its first-ever flight to Saudi Arabia…
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Lebanon to slash official exchange rate from end of October: Finance minister
Lebanon plans to slash its official exchange rate from the end of October, replacing the 1,507 per dollar rate adopted…
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German security agencies fear Nord Stream 1 may be unusable forever: Report
German security agencies fear that Nord Stream 1 will become unusable forever after major leaks from both Nord Stream 1…
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US mortgage interest rates jump to 6.52 pct, highest since mid-2008
The average interest rate on the most popular US home loan climbed to its highest level since August 2008, data…
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EU proposes rules making it easier to sue drone makers, AI systems
The European Commission on Wednesday proposed rules making it easier for individuals and companies to sue makers of drones, robots…
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Biden is ‘obliged’ to answer if US is behind Nord Stream gas leaks: Moscow
US President Joe Biden is “obliged” to answer if Washington is behind three reported gas leaks on the Nord Stream pipelines from…
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India extends free food program by three months amid fiscal challenges
India has extended by three months its free food program for the poor, a move that will add $5.46 billion…
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EU sees Nord Stream gas pipeline leaks as ‘a deliberate act’: Borrell
The EU considers leaks from two Russia-Germany undersea gas pipelines this week “are not a coincidence,” with indications they were “a deliberate…
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IMF calls on UK to rethink unfunded tax cuts as Moody’s says rating at risk
The International Monetary Fund urged the UK government to reconsider the massive unfunded tax cuts announced last week, while Moody’s…
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Saudi Arabia’s port authority signs $239 million of deals to improve country’s ports
Saudi Arabia’s port authority signed contracts with public and private sector entities worth more than $239 million (900 million riyals)…
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