Trending
- Russia has no interest in attacking NATO member states: Shoigu
- Beijing backs Iran ‘s ‘legitimate’ strikes against Israel
- ICJ to rule on case accusing Germany of facilitating Gaza genocide
- Sanaa holds million-man march in support of Palestine
- UN bound to stay as unique world organization — ambassador
- 48th Saudi relief plane for Palestinians
- Trump challenges Biden to debate ‘anywhere, anytime’
- Iran: US lacks competence to comment on human rights
Economy
LONDON: Oil prices rose on Friday, on track to end higher this week after two straight weeks of losses, after a top US official expressed optimism over economic growth and as supply concerns lingered due to conflicts in the Middle East, according to Reuters.
RIYADH: Saudi Arabia’s Deputy Minister of Investment Transaction Saleh Al-Khabti is set to deliver the keynote speech at a global automotive aftermarket industry conference in Riyadh.
SEOUL: South Korea’s S-Oil forecast on Friday that second-quarter refining margins will be steady, supported by regular maintenance in the region, then trend upward in tandem with higher demand as the summer season gets underway, according to Reuters.
RIYADH: Saudi Arabia’s business environment has witnessed a drastic shift in recent years as employers consider artificial intelligence a critical tool for their operations.
The “weaponization” of the US dollar through the seizure of frozen Russian assets could prompt a global shift away from the greenback, Bloomberg reported on Wednesday, citing a former International Monetary Fund (IMF) official.
Slow economic growth will push France out of the list of the world’s ten largest economies within five years, according to an updated global outlook from the International Monetary Fund.
Russia’s financial stability will not be affected if the US seizes its frozen assets, Bank of Russia Governor Elvira Nabiullina told journalists on Friday.
Japan is concerned about negative effects of the weak yen, finance minister Shunichi Suzuki said on Friday, in a fresh warning to speculators as the currency fell further after the central bank’s widely expected decision to hold rates steady.
Chinese tech giant ByteDance has said it has no plans to sell TikTok after a new US law put it on a deadline to divest from the hugely popular video platform or have it banned in the United States.
Mideast Discourse is a news website specialised on the latest events and developments in the Middle East and the world, and it is in Both languages Arabic and English.
