2024-08-28T18:09:28.650Z
The authorities in eastern Libya have announced a complete halt to oil production and exports amid escalating political tensions over the Central Bank's control and oil revenues.
The closure of oil fields, particularly the Sarir field, has significantly reduced production, raising concerns for Libya’s economy and the global oil market.
Amazon CEO Andy Jassy announces a full return to in-office work for administrative employees starting January 2025, marking the end of extensive remote work policies. This move aims to strengthen company culture and enhance collaboration among teams.
Oil prices have surged due to Hurricane Francine's impact on U.S. production, as markets anticipate a Federal Reserve interest rate cut that could boost demand for oil. Discover how these factors are shaping the energy sector.
The Egyptian government unveils a new tax strategy to enhance revenues and improve relations with the business community, addressing key issues such as tax evasion and compliance in alignment with IMF recommendations.
Explore the surprising rise in Israeli housing prices amidst a record supply of unsold homes, driven by the ongoing conflict and changing buyer preferences.
The French Ministry of Agriculture has banned the popular Algerian chocolate spread 'Marjan' due to safety compliance issues, sparking an investigation into its presence in the market. Discover the implications for Algerian exports and the chocolate industry.
The US dollar is nearing a one-year low as gold prices stabilize near an all-time high, driven by expectations of a significant interest rate cut by the Federal Reserve. With the Fed's decision imminent, market analysts predict further declines for the dollar against major currencies.
