Economic news
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Will gold remain a safe haven asset?

Gold has long been a source of controversy and contention am.. Read more


Global trade is expected to decline in the coming months

The economics department of Qatar National Bank (QNB) said t.. Read more


The euro is below the dollar .. the lowest level in 20 years

For the first time in 20 years, the euro fell below $1 on Tu.. Read more


"OPEC"...The pressures of supply shortage will continue next year

OPEC expected global demand for oil to increase next year, b.. Read more

Economic News

World Markets
Facebook's investment in security and safety exceeds $13 billion

The social media giant Facebook Inc said it has invested more than $13 billion in security and safet... Read more

World Markets
China denies building new coal-fired projects abroad

Chinese President Xi Jinping said on Tuesday that his country will not build new coal-fired power pr... Read more

World Markets
Egypt: Construction of the "Nuclear Dabaa" to start in 2022

Egypt's Minister of Electricity, Mohamed Shaker, said that his country intends to start construction... Read more

World Markets
US oil inventories are down by 6.1 million barrels

The American Petroleum Institute said crude oil stocks fell by 6.1 million barrels in the week endin... Read more

World Markets
Suez Canal revenue growth 11.6% in 8 months

Suez Canal revenues grew by 11.6% during the first eight months of 2021 to record $4.1 billion, com... Read more

World Markets
Universal Music shares rose 35%.

Shares of Universal Music Group UMG rose more than 35% on the Euronext Amsterdam, in Europe's large... Read more

World Markets
Shell sells $9.5 billion in assets

Shell has sold its assets in the largest US oil field to ConocoPhillips for $9.5 billion in cash.... Read more

World Markets
Yellen warns of a catastrophe threatening the US economy

US Treasury Secretary Janet Yellen has renewed her call for Congress to raise or suspend the US debt... Read more

World Markets
Oil prices rise 1% amid anticipation of supply

Oil prices rose during trading today, Tuesday, after falling by about 2% in the settlement of tradin... Read more

World Markets
The electrical connection between Egypt and Saudi Arabia .. Where to?

Egypt's Minister of Electricity and New and Renewable Energy, Mohamed Shaker, revealed that his coun... Read more

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