Economy

Yemen receives $500 million from Saudi Arabia

Ahmad Awad bin Mubarak, Prime Minister of Yemen, announced that the Central Bank of Yemen received $500 million from Saudi…

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Jeff Bezos earns FAA license for first rocket launch

 Blue Origin, the American space technology company founded by Jeff Bezos, earned a license from the Federal Aviation Administration (FAA)…

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Iraq to resume flights to Lebanon on Monday, transport minister says

Iraq will allow the national carrier to resume flights to Lebanon on Monday following their suspension earlier this month, the…

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American Airlines keep planes grounded due to ‘technical issues’

All American Airlines flights around the country were grounded for a short period on Christmas Eve morning, clogging business air…

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World bank raises China’s GDP forecast for 2024, 2025

The World Bank on Thursday said it raised its forecasts for China’s gross domestic product growth for 2024 and 2025…

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Japan Airlines flights delayed after cyberattack

Japan Airlines on Thursday reported a cyberattack that caused delays to domestic and international flights but later said it had…

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Japan to boost nuclear power as electricity demand rises

In order to meet the rising demand for power and accomplish its carbon reduction targets, Japan has revealed an updated…

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IMF, Egypt finalize $1.2 Billion loan agreement

 As part of a $8 billion loan deal, Egypt and the International Monetary Fund (IMF) have agreed a staff-level agreement…

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Oil prices climb up on US growth data

Oil prices climbed on Tuesday, buoyed by stronger US economic growth data and expectations that global economic activity will bolster…

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Russia using bitcoin in foreign trade to counter Western sanction: Finance minister

Russian companies have begun using bitcoin and other digital currencies in international payments following legislative changes that allowed such use…

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