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Day: August 16, 2024

GCC Welcomes Decision of Sudan’s Transitional Sovereignty Council to Open the “Adri” Border Crossin

August 16, 2024Web Desk

The Gulf Cooperation Council (GCC) welcomed the decision of the Transitional Sovereignty Council in the Republic of Sudan to open the “Adri” border crossing to deliver humanitarian aid to those affected by the war.

This important step will greatly co…

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OIC deplores strongly extremist settlers’ growing crimes in West Bank

August 16, 2024Web Desk

The Organization of Islamic Cooperation (OIC) strongly condemned on Friday the daily and organized terror and crimes committed by Israeli extremist settlers, under the protection of Israeli occupation forces, namely the recent crime and attack on Jit …

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GCC welcomes Sudan’s Council decision on “Adri” border crossing

August 16, 2024Web Desk

The Secretary-General of the Cooperation Council (GCC) Jassim Al-Budaiwi welcomed on Friday the decision of Sudan Transitional Sovereignty Council to open the “Adri” border crossing, to deliver humanitarian aid to those affected by the war.

In a stat…

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Central Bank of China Injects Nearly $19.28 Billion via Reverse Repos

August 16, 2024Web Desk

The Central Bank of China conducted 137.8 billion yuan (nearly $19.28 billion) of seven-day reverse repos at an interest rate of 1.7% on Friday.

The move aims to keep liquidity reasonable and ample in the banking system, the central bank said, accord…

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Kuwait Oil Price Down 56 Cents

August 16, 2024Web Desk

The price of Kuwaiti oil went down 56 cents to reach $79.92 per barrel on Thursday, compared to $80.48 pb the day before, according to Kuwait Petroleum Corporation (KPC) on Friday.

On the global scale, the Brent crude futures’ contracts went up $1.28…

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Industrial Production Index Rises 2.5% in June MoM

August 16, 2024Web Desk

Doha: The Industrial Production index (IPI) for June 2024 reached 96.1 point, increased by 2.5 percent compared to the previous month (May 2024), and decreased by 7.5 percent, when compared to the corresponding month in 2023.

This index measures the …

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