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The Institute of International Finance (IIF) revealed that total global debt surged by over $10 trillion in the first half of 2023, reaching a record high exceeding $365 trillion. This significant inc...
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Diesel prices at fuel stations across the European Union have reached a new record high, now at 2.23 euros per liter, an increase from 2.16 euros recorded the previous week. This surge, revealed by na...
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The record-breaking heatwave experienced across the European continent this summer has led to a sharp decline in economic output, with total losses estimated at approximately 113 billion euros for the...
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The Ministry of Finance, today Wednesday, commenced funding employee salaries for the current month of September. The ministry affirmed in its statement that salary disbursement operations have indeed...
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The Organisation for Economic Co-operation and Development (OECD) announced on Wednesday that investments in artificial intelligence (AI) are boosting the global economy's resilience this year, surpas...
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U.S. dollar exchange rates saw a decline in local markets on Wednesday. The selling price reached 157,500 Dinars for 100 dollars, and the buying price was 156,500 Dinars for the same.
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Iraq has initiated a tender for the sale of two million barrels of Basra Heavy crude oil, to be delivered via ship-to-ship transfer off the Omani coast, outside the Strait of Hormuz. Last Thursday was...
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Saudi Arabia has resumed oil pumping through its strategic East-West pipeline, according to three informed sources. Crude exports from the Red Sea port of Yanbu could restart later Tuesday. Two source...
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The Ministry of Industry and Minerals is preparing to launch the second phase of a vital strategic project aimed at developing the country's steel industries. The project focuses on enhancing local re...
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Global oil prices experienced a notable decline in afternoon trading today, influenced by statements from a senior Iranian official. The official indicated that Iran could reopen the Strait of Hormuz...
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