The Federal Reserve is prepared to keep its key interest rate unchanged for now as inflation remains elevated and the job market is solid, Chair Jerome Powell said Tuesday on the f...
Dangote’s net worth increased by $15.1 billion to $27.8 billion as at October 18. The billionaire businessman moved up to 65th position, making him the only African in the top 10...
Emerging market economies are facing escalating challenges, including geopolitical tensions, sluggish global growth, financial volatility, and increasing public debt, according to ...
The International Monetary Fund’s commitment to supporting Egypt’s economic reforms will remain a priority, despite external pressures, according to managing director Kristalin...
Saudi Arabia’s Tadawul All Share Index slipped on Sunday, losing 12.93 points, or 0.10 percent, to close at 12,372.07. The total trading turnover of the benchmark index was SR4.1...
Saudi bank loans reached SR2.82 trillion ($753.27 billion) in August, representing an annual growth rate of 12.11 percent — the highest in 18 months, according to recent data. Fi...
Argentina’s President, Javier Milei, is under scrutiny after a cryptocurrency he endorsed on social media crashed, leading to significant losses for investors. On Friday night, M...
President Donald Trump has laid out aggressive plans to impose tariffs, but the response from US trading partners may not only come in form of retaliatory duties. That’s accordin...
Expatriate remittances from Saudi Arabia surged to SR144.2 billion ($38.45 billion) in 2024, a 14 percent increase over the preceding year, according to recent data. Figures from t...
The Nigerian National Petroleum Company Limited has deducted a sum of $525.09m from its remittances to the Federal Inland Revenue Service as part of the Road Infrastructure Tax Cr...
