Economy

Switzerland reports $112 mln in frozen Syrian assets

There are currently 99 million Swiss francs ($112 million) worth of frozen Syrian assets in Switzerland, most of which have…

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Damascus airport to reopen ‘in next few days’: Director

Damascus airport, closed since opposition forces overran the Syrian capital at the weekend, is to reopen “in the next few…

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Syria’s central bank, commercial banks to resume operations on Tuesday, sources say

Syria’s central bank and commercial banks will resume operations on Tuesday and staff were asked to come in to work,…

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Tesla Model Q, affordable EV rumored for 2025

Several rumors have emerged about the possibility that Tesla would launch a brand-new electric car in 2025 that is expected…

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OpenAI’s officially launches new video generation tool, Sora

OpenAI officially made their much-anticipated AI video-generation tool, Sora, available to the general public on Monday. Sora Turbo, the latest…

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Vegetable oil prices push FAO Food Price Index to new all time high

Global food prices inched higher in November as surging vegetable oil and dairy costs pushed the UN Food and Agriculture…

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Is your snack safe? FDA poised to ban red food dye over health concerns

Red 3, a synthetic food dye frequently used in snacks, is being considered for prohibition by the Food and Drug…

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UK house prices rise by 4.8% in November

House prices in the UK increased by 4.8% at an annualized pace in November, the fastest rate of growth in…

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UAE economy predicted to grow by 4.5% next year

The UAE economy is set to grow from 3.7 per cent in 2024 to 4.5 per cent in 2025, a…

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Egyptian military agency takes over wheat buying from decades-old supply group

An Egyptian military agency has taken over the country’s import of strategic commodities, a letter seen , replacing a decades-old…

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