Saudi Arabia Innovates Lithium Extraction from Oil Wells
Saudi Arabia has successfully extracted lithium from oil well brine, aiming to launch a commercial pilot program to support the electric vehicle industry.
Interest Rate for Home Savings Plans Drops to 1.75% in 2025
The interest rate for home savings plans (PEL) will decrease to 1.75% starting January 1, 2025, marking the first reduction in over eight years.
Syria's Central Bank Sets Lira at 15,000 to Dollar, Resumes ATM Services
The Central Bank of Syria has set the exchange rate of the lira at 15,000 to the dollar and resumed ATM operations, introducing electronic payment services to enhance banking stability.
Flamanville EPR Reactor to Connect to Grid on December 20, 2024
The Flamanville EPR reactor in France is set to connect to the electricity grid on December 20, 2024, marking a significant milestone in the country's nuclear energy revival.
Tunisia's Olive Oil Crisis: Economic Challenges and Reform Opportunities
Tunisia faces a severe crisis in its olive oil sector, with prices plummeting and farmers protesting due to lack of demand and liquidity. The crisis stems from aggressive anti-corruption measures and international competition, highlighting the need for comprehensive reforms.
AI-Powered Radar to Detect Drunk Drivers Tested in UK
AI technology is being tested in the UK to detect impaired drivers, enhancing road safety during the holiday season.
The Economic Effects of Syrian Refugees Returning to Türkiye
Challenges for Western Companies in China Amid Economic and Geopolitical Tensions
Libya's National Oil Corporation Issues Force Majeure Due to Clashes
Russia Announces 7.3% Pension Indexation for Working Pensioners in 2025
Tunisia's Solar Energy Ambitions: Overcoming Political and Economic Hurdles
Russia Allocates 18.4 Billion Rubles to Boost Domestic Auto Industry
2024/12/8
Study Reveals Americans Stockpiling Goods Due to Trump Tariffs
A study shows that fears of Trump's tariffs are leading Americans to stockpile essential goods and increase reliance on credit cards, raising concerns about future economic pressures.
Morocco Seeks $8.8 Billion for Railway Expansion Amid Investor Interest
Morocco is seeking $8.8 billion for railway expansion, with investor interest exceeding $13 billion, aiming to enhance connectivity and build a train carriage factory.
Economic Weakness Heightens Concerns for Over 1,000 German Companies
A recent survey reveals growing concerns among medium-sized companies in Germany, with many expecting further economic deterioration due to falling orders and skilled labor shortages.
China Resumes Gold Buying After Six-Month Hiatus Amid Price Surge
China's central bank has resumed gold buying after a six-month pause, adding 160,000 ounces to its reserves, reflecting a strategy to diversify and protect against currency devaluation amid high gold prices.
Saudi Economy Grows 2.8% in Q3 2024 Driven by Non-Oil Activities
Saudi Arabia's economy expanded by 2.8% in Q3 2024, bolstered by non-oil sector growth, following previous contractions in earlier quarters.
Trump's Impact on the Auto Industry: Key Insights and Predictions
A recent report by Deutsche Bank highlights the potential impact of President-elect Donald Trump's policies on the auto industry, focusing on electric vehicle tax incentives and proposed tariffs on major trading partners.
Top 7 Arab Countries Investing in Infrastructure Projects in 2024
This article reviews the top seven Arab countries leading in infrastructure spending for 2024, highlighting their budgets and key projects.
UnitedHealthcare CEO's Murder Ignites Anger Over U.S. Health Insurance Practices
The murder of UnitedHealthcare CEO Brian Thompson has sparked widespread anger and frustration over the U.S. health insurance system, highlighting issues of coverage denial and corporate greed.