Transport Minister Nidal Katamine inspected key infrastructure facilities in Aqaba, including the container port, main port, Arab Bridge Maritime Company, the Jordanian Maritime Authority, and Customs Area 4, […]
Economy
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Bahraini Ambassador Hails Crown Prince’s Visit as Boost to Economic Ties and Arab Security
Bahrain’s Ambassador to Cairo and Permanent Representative to the Arab League, Fawzia bint Abdullah Zainal, emphasized that the recent official visit by Crown Prince and Prime Minister Prince […]
Economy
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Egypt Can Sustain Economic Momentum Without New IMF Program, Expert Says
Dr. Ashraf Gharaab, an economic expert and Deputy Head of the Arab Union for Social Development within the Arab League, has expressed confidence that Egypt can continue its […]
Banks
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Malaysia’s Central Bank Holds Rates Steady at 2.75%, Signals Tighter Monetary Stance
KUALA LUMPUR (Reuters) – Bank Negara Malaysia (BNM) maintained its overnight policy rate at 2.75%, aligning with market expectations, following its first reduction in five years during the […]
Economy
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German Economy Projected to Grow 0.1% in 2024 Despite Improved Sentiment, IfW Forecasts
BERLIN, Sept 4 (Reuters) – Germany’s economic output is anticipated to rise by just 0.1% in 2024, according to projections released by the Kiel Institute for the World […]
Economy
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German Economic Institutes Revise Growth Projections Amid Tariff Pressures and Fiscal Delays
Germany’s leading economic research institutions have lowered their GDP growth forecasts for 2025 and 2026, citing persistent challenges from U.S. trade tariffs and slower-than-expected fiscal stimulus in an […]
Economy
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Mongolian Prime Minister Arrives in Russia for Economic Forum
Mongolian Prime Minister Oyun-Erdene Luvsannamsrai has arrived in Vladivostok, Russia, to participate in the Eastern Economic Forum. The visit underscores Mongolia’s ongoing efforts to strengthen regional economic partnerships […]
Economy
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Germany’s Economic Revival Hopes Face Delays Amid Reform Slowdown
BERLIN, Sept 4 (Reuters) – When German Chancellor Friedrich Merz assumed office in May, he brought with him a sweeping 500-billion-euro infrastructure initiative and a promise to rejuvenate […]
Economy
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Ray Dalio Warns of Looming U.S. Debt Crisis Amid Suppressed Economic Discourse
Ray Dalio, founder of Bridgewater Associates—the world’s largest hedge fund managing around $130 billion—has issued a stark warning about the U.S. economy, drawing parallels to the volatile political […]
Economy
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LVGEA Interim CEO Betsy Fretwell Exits Leadership Role, Remains as Strategic Advisor
Betsy Fretwell is stepping down as Interim President and CEO of the Las Vegas Global Economic Alliance (LVGEA) at the end of the month, concluding a tenure that […]