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Wednesday, August 5, 2026

Economy

Egypt’s inflation decreases to 28.1% in May: CAPMAS 

Egypt’s annual urban consumer price inflation decreased to 28.1 percent in May from 32.5 percent in April, slowing even faster than analysts had expected, data from the statistics agency CAPMAS showed on...

Saudi Arabia and UK conclude talks on development and aid, make recommendations

The nations agree during 2-day event to establish a framework for cooperation in support of efforts to achieve UN’s Sustainable Development Goals They also agree to collaborate...

India, UAE mark two years of free trade with 16% growth

Technology, innovation, and energy are main drivers behind the growth UAE ambassador welcomes increase in trade as ‘resounding success story’ A broad...

US Fed leaves rates unchanged, flags ‘lack of further progress’ on inflation

Policy rate remains in 5.25 percent-5.50 percent range Fed policymakers concerned by recent inflation data Markets take ‘dovish’ view of Fed chief’s remarks

South Korea parliament approves bill on new inquiry into deadly 2022 crowd crush

An earlier bill was vetoed by President Yoon Suk-yeol South Korea’s National Assembly voted on Thursday to approve a bill backed by the ruling and...

World needs rewilding experiments, Riyadh forum told

Kingdom ‘dedicated to restoring endangered species to natural habitats,’ expert says The Kingdom is taking promising steps to balance its ecosystem by expanding rewilding efforts.

Foreign Minister of Saudi Arabia Prince Faisal bin Farhan bin Abdullah and High-Level Delegation...

The Minister of Foreign Affairs, Prince Faisal bin Farhan bin Abdullah, and a high-level delegation from the Kingdom met on Tuesday with Pakistan's Chief of Army Staff Gen. Asim Munir in the...

Europe short of 56 bln euros per year to achieve NATO target defense spending...

According to the ifo research, many EU countries with the largest shortfall, including Belgium, Spain and Italy, also have some of the highest levels of debt and budget deficit in Europe

Kazakhstan’s KMG, Azerbaijan’s SOCAR sign agreement on phased increase in transit volumes

On 11 March in Baku, Azerbaijan, NC KazMunayGas JSC (KMG) and the State Oil Company of Azerbaijan Republic (SOCAR) signed the Agreement on Phased Increase in the Volumes of Kazakh Oil Transit...

Europe’s inflation is way down. But hope is gone for a quick interest rate...

FRANKFURT, Germany — Europe’s energy crisis sparked by Russia’s war in Ukraine has eased. Inflation is way down from its painful double-digit peak. But there likely won’t be an interest rate cut at the...