Economy
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Oil edges lower on caution ahead of OPEC+ meeting
Oil prices ended near flat on Tuesday after rallying for two sessions, with investors cautious ahead of Sunday’s scheduled OPEC+ meeting, when the…
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Russia to lift remaining export curbs on diesel fuel soon: Novak
Russia will soon lift remaining restrictions on diesel fuel exports, Deputy Prime Minister Alexander Novak said on Wednesday speaking in…
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US to announce global nuclear fusion strategy at COP28
The US will lay out the first international strategy to commercialize nuclear fusion power at the upcoming UN climate summit in Dubai, US Special Envoy on…
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Germany commits €4 bln for green energy in African projects at Berlin summit
The German government pledged Monday to invest 4 billion euros ($4.37 billion) in African green energy projects until 2030, with Chancellor Olaf…
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Oil prices rise on expectations of further OPEC+ supply cuts
Oil futures rose more than $1 on Monday, extending gains on the prospect of OPEC+ deepening supply cuts to shore…
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Saudi announces new natural gas discoveries in the Empty Quarter, Eastern Province
Saudi Aramco has disovered two new fields for natural gas in the Empty Quarter region, the state news agency quoted…
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India seen keeping rice export bans well into 2024, holding up global prices
India, the world’s top rice exporter, is expected to maintain its curbs on overseas sales well into next year, a…
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Berlin summit to foster economic reforms, investment in Africa
Leaders from more than a dozen African countries are heading to Germany for the G20 Compact with Africa conference, which aims to help bolster…
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Dubai Airports forecasts annual passenger traffic at 86.8 mln, surpassing 2019 level
Propelled by strong growth throughout the first three quarters of the year and anticipation of an exceptional surge in guest…
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Pakistan wins initial IMF approval for $700 mln payout deal
Pakistan secured initial approval from the International Monetary Fund for the release of the next loan tranche from a $3…
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