AFP The Saudi Kingdom Holding Company invested about $ 530 million in Russian oil companies two days before the Russian invasion of Ukraine last February, according to what the group...
AFP The Saudi Aramco oil company announced on Sunday that it achieved a record profit of $48.4 billion in the second quarter of 2022, an increase of 90.2 percent compared...
Brussels:europe and arabs Following two successive years of industrial production decline, including a 7% fall in 2020, the EU’s production of manufactured goods rebounded in 2021. The latest data...
Brussels: europe and arabs The European Commission has approved modifications, including a budget increase of €5.1 billion (PLN 24.5 billion), to an existing Polish scheme to support companies across sectors...
Brussels: europe and arabs Petrol and diesel will be cheaper again from Thursday, the FPS Economy announced. After the peak in June, fuels are now back at the April level....
CNN The Inflation Reduction Act is a legislative win for President Biden and Democrats, as it is a deal as diverse as the climate, healthcare and tax dealings, with implications...
The European Commission has approved, under EU State aid rules, an Italian scheme made available through the Recovery and Resilience Facility ('RRF') to support the construction and the operation of...
The Saudi Public Investment Fund announced the launch of the "Saudi Egyptian Investment Company", which aims to invest in a number of sectors in Egypt, according to a statement. The...
In an attempt to rein in high inflation, the European Central Bank last week raised interest rates by 50 basis points for the first time since 2011. This...
Amos Hochstein, the White House senior adviser on energy security, said on Wednesday that the OPEC+ decision to slightly increase oil production by 100,000 barrels per day after US President...
