Economy
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US stocks rise ahead of key inflation data
Wall Street stocks closed higher on Wednesday as traders await key US consumer inflation data, while shrugging off hotter than expected…
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Unity: Gaming boss quits after furious pricing backlash
John Riccitiello has resigned as chief executive of game development tool Unity following a controversial pricing change which angered gamers…
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Morocco striving to regain investment-grade credit rating, Finance Minister signals
Morocco is lobbying to regain an investment-grade credit score from S&P Global Ratings, vowing to keep its budget deficit in…
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GITEX GLOBAL, Expand North Star 2023 to focus on booming AI economy
Dubai will unleash a new era of global AI dominance next week, as the UAE hosts the world’s largest tech…
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Egypt weighs impact of Israel Tamar gas-field halt on LNG exports
Egypt is weighing the impact of a halt in production at Israel’s Tamar gas field on its plans to resume…
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Major Egypt banks suspend debit-card use abroad to stop drain on foreign currency
Egypt’s biggest lenders including Commercial International Bank SAE and Banque Misr suspended the use of local-currency debit cards abroad, as…
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EU, US seek steel deal that may include new tariffs on China exports
The European Union is working on an interim deal with the US that would introduce new tariffs aimed at excess…
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World Bank’s Ajay Banga faces pressure on resources, shareholder schisms
World Bank President Ajay Banga will come under pressure this week to focus on climate change, but the former Mastercard…
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Oil prices jump as fears of wider Middle East turmoil roils markets
Oil prices surged more than 2 percent on Monday as military clashes between Israel and the Palestinian group Hamas ignited…
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OPEC raises oil demand view in long-term outlook, says $14 trln investment needed
OPEC raised its world oil demand forecasts for the medium and long term in an annual outlook, and said $14…
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