economy

Exclusive: International donors likely to pledge less aid for Afghanistan – sources
Middle East

Exclusive: International donors likely to pledge less aid for Afghanistan – sources

(Reuters) – Afghanistan is likely to receive reduced pledges for aid from international donors gathering in Geneva next month, three…
Egyptian Cabinet to issue mandatory closing times for shops, restaurants, cafes on Wednesday
Egypt

Egyptian Cabinet to issue mandatory closing times for shops, restaurants, cafes on Wednesday

On Wednesday, Egypt’s Cabinet will release new regulations that will dictate the closing times of commercial and industrial shops, restaurants,…
Saudi Aramco third-quarter profit slumps 44.6% as pandemic chokes demand
Middle East

Saudi Aramco third-quarter profit slumps 44.6% as pandemic chokes demand

DUBAI (Reuters) – Saudi Arabian state oil group Aramco on Tuesday reported a 44.6 percent drop in third-quarter net profit,…
EJB tourism committee President: Egypt recovering despite pandemic, now is the time to rebuild
Economy

EJB tourism committee President: Egypt recovering despite pandemic, now is the time to rebuild

President of the Egyptian Junior Business Association’s (EJB) Tourism and Aviation Committee and businessman Mohamed Kaoud said in a recent…
US death toll from Hurricane Zeta rises to six, millions without power
World

US death toll from Hurricane Zeta rises to six, millions without power

(Reuters) – At least six people were killed in the southeast of the United States and more than two million…
Kuwait says supports any OPEC+ supply decision as 2021 curbs loom
Middle East

Kuwait says supports any OPEC+ supply decision as 2021 curbs loom

DUBAI/BAGHDAD/LONDON (Reuters) – Kuwait said on Thursday it would support any decision made by OPEC and its allies on future…
US economy grew at 33 percent rate in Q3 but recovery is incomplete
World

US economy grew at 33 percent rate in Q3 but recovery is incomplete

WASHINGTON (AP) — The US economy grew at a sizzling 33.1 percent annual rate in the July-September quarter — by…
Gold prices decline in Egyptian market, 21-karat at LE 830
Business

Gold prices decline in Egyptian market, 21-karat at LE 830

Gold prices declined in Egypt on Monday, as the price of 21-karat gold (the market’s highest selling gold) fell by…
Chevron bets on Middle East gas riches and reconciliation
Middle East

Chevron bets on Middle East gas riches and reconciliation

HOUSTON/LONDON (Reuters) – After years of focusing on US shale, Chevron Corp CVX.N is staking its natural gas future on the Middle…
Kuwait retail co-ops remove French products over Prophet cartoon
Middle East

Kuwait retail co-ops remove French products over Prophet cartoon

KUWAIT/PARIS (Reuters) – Kuwait’s retail co-ops have pulled French products in boycott over the use of cartoons of the Prophet…
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