Syria's New Administration Cancels Fees to Boost Economy
The new Syrian administration has canceled over ten customs fees imposed by the Assad regime, aiming to alleviate the economic burden on citizens and improve the importation of goods.
European Auto Industry Faces Bankruptcy and Job Cuts Amid Crisis
The European auto industry is facing a severe crisis leading to significant job cuts and bankruptcies among suppliers, including the historic Gerhardy Kunsthoftechnik.
Stock Chain Acquires Toys R Us and Red Pirate in Major Toy Market Move
The Stock chain has acquired Toys R Us and The Red Pirate for 55 million shekels, aiming to reshape the Israeli toy market with lower prices and expanded operations.
ATM Arson Attacks in Moscow Linked to Fraudsters' Manipulation
Moscow and surrounding regions have seen a surge in ATM arson attacks, with over ten incidents linked to fraudsters manipulating victims, many of whom are elderly.
Syria Sets New Fuel Prices Amid Economic Challenges
The Syrian government has announced new fuel and gas prices to stabilize the market, with gasoline priced at $1.16 per liter and diesel at approximately $1. The Central Bank has also lifted withdrawal limits to promote electronic payments.
Controlling Inflation in Post-Conflict Syria: Strategies and Challenges
Following the fall of the Assad regime, Syria is implementing strategies to control inflation and stabilize the economy, with initial signs of improvement in currency value and goods prices.
CATL to Launch 1,000 Battery Replacement Centers in China
Tunisia's Solar Energy Ambitions: Overcoming Political and Economic Hurdles
Saudi Arabia Innovates Lithium Extraction from Oil Wells
Lawyer Warns of SNILS Misuse in Fraudulent Activities
Libya's National Oil Corporation Issues Force Majeure Due to Clashes
Boulanger Offers Xiaomi Redmi 12 Smartphone Pack Amid Fines for Price Fixing
2024/9/4
US Trade Deficit Soars to $78.8 Billion: Implications for Economy and Markets
The US trade deficit hit $78.8 billion in July 2024, its highest in two years, primarily due to a significant rise in imports. This surge raises concerns about economic stability and potential government intervention.
Oil Prices Plunge to Yearly Lows: U.S. Economic Woes and OPEC+ Intervention Loom
Discover how plummeting oil prices, driven by U.S. economic concerns and manufacturing data, may prompt OPEC+ intervention. Stay informed on the latest trends affecting global oil markets.
Martin Winterkorn Defends Against Dieselgate Charges: 'Inconceivable' Claims of Fraud
Former Volkswagen CEO Martin Winterkorn defends himself against Dieselgate charges, calling accusations of fraud 'inconceivable.' Discover his statements and the ongoing trial's implications for the automotive industry.
Shekel Plummets Amid Wall Street Decline and Gaza Conflict: What’s Next?
The Israeli shekel faces a sharp decline against the dollar and euro due to Wall Street's downturn and ongoing tensions in Gaza. Explore the economic implications and potential recovery strategies.
Interros Unveils Ambitious Investment Plans at IX Eastern Economic Forum to Transform Far East Economy
Discover how Interros is spearheading transformative investment initiatives in the Far East, creating jobs and enhancing the region's appeal to global investors while prioritizing sustainability and innovation.
Cryptocurrency Market Faces Turbulence: Bitcoin Dips to $56,318 Amid Economic Fears
Bitcoin has fallen to $56,318 amid fears of an economic slowdown in the US and China, prompting increased demand for hedging in the cryptocurrency market. Learn about the current trends and expert predictions for Bitcoin's future.
Unlocking Global Opportunities: The Entrepreneurship World Cup Finals in Riyadh Set to Inspire Innovation
Join us in Riyadh for the Entrepreneurship World Cup Finals, where top startups compete for $1 million in prizes and opportunities for growth. Discover how this event empowers entrepreneurs and stimulates investment in Saudi Arabia.
Libya Faces Banking Crisis: Delayed Salaries and Fuel Shortages Amid Political Turmoil
Libya is grappling with a severe banking crisis, marked by delayed salaries for state employees and a halt in essential transactions. As political factions vie for control of the central bank, the economic implications are dire, leading to fuel shortages and public frustration.
Nvidia Shares Plunge 9.53%: A Historic $279 Billion Loss Amid Recession Fears
Nvidia shares plummeted 9.53%, resulting in a historic $279 billion loss, as recession fears mount amid disappointing manufacturing data. Discover the implications for the AI sector and investor sentiment.
Riad Salameh's Arrest: A Turning Point in Lebanon's Financial Accountability
Riad Salameh, former Governor of the Central Bank of Lebanon, has been arrested on serious charges of money laundering and embezzlement. This development could signal a pivotal moment for Lebanon's financial accountability amidst a severe economic crisis.
Unveiling Military Innovations: Key Highlights from the Egypt International Airshow 2024
Discover the groundbreaking military advancements showcased at the Egypt International Airshow 2024, featuring Russia's cutting-edge defense technologies including drones and advanced missile systems designed to enhance combat effectiveness.
Shipping Industry Profits Soar Amidst Environmental Challenges: Hugio Autoliners Leads the Charge
Discover how the shipping industry is navigating environmental challenges while profits soar. Hugio Autoliners leads with innovative solutions and a commitment to sustainability, despite rising costs and trade tensions.
Turkey's Inflation Rate Plummets to 51.97%: What This Means for the Economy
Turkey's inflation rate has significantly decreased to 51.97% in August, driven by soaring interest rates and economic reforms. Explore the implications for the Turkish economy and consumer behavior.
Riad Salameh's Departure: A Turning Point in Lebanon's Economic Crisis
Explore the significant impact of Riad Salameh's departure from the Central Bank of Lebanon amid a dire economic crisis, marked by allegations of financial mismanagement and the urgent need for reform.
Libya's National Oil Corporation Faces Major Challenges Amid Political Turmoil and Production Cuts
Explore the challenges faced by Libya's National Oil Corporation as political instability leads to significant oil production cuts, costing the country millions. Learn about the corporation's role in the economy and its efforts to stabilize operations amidst ongoing conflict.
Volkswagen's Production Boost and Israel's Urban Renewal Challenges: A Dual Focus on Market Demand
Explore the surge in Volkswagen's production of the ID.7 electric vehicle and the critical discussions at Israel's Urban Renewal Summit addressing the housing market challenges. Discover how both sectors are adapting to meet growing demands and regulatory pressures.