Baghdad: Oil prices rose today, Tuesday, continuing their gains for the second day, thanks to hopes of rising seasonal demand for fuel and potential American purchases to increase the strategic petroleum reserve, despite the rise in the dollar that li…
Brussels, The President of the European Central Bank (ECB), Christine Lagarde, has defended the bank’s recent interest rate cut and dampened expectations of further cuts.
The central bank still assumes that the inflation target of two per cent in the…
Tokyo, A survey shows bankruptcies in Japan rose to the most in 12 years in May. The failures come as pandemic-related government support for struggling businesses nears its end.
Research firm Teikoku Databank says 1,016 companies started liquidation…
Tokyo, The dollar hovered near a one-month peak against the euro on Tuesday, as traders braced for crucial US inflation data and Federal Reserve interest rate forecasts Wednesday.
The dollar index, which measures the greenback against the euro, sterl…
Rabat, Morocco announced the start of construction work on a seawater desalination plant in the west of the country, the largest of its kind on the African continent, with an annual production capacity of 300 million cubic meters.
The Maghreb Arab Pr…
Doha: Assistant Governor for Financial Instruments and Payment Systems at Qatar Central Bank Sheikh Ahmed bin Khalid Al-Thani revealed that the pilot phase of the digital currency project, which will extend until October, will involve Qatar Central Ba…