Oil prices increased on Thursday as concerns over a potential escalation of the Middle East conflict, which could disrupt crude oil flows from the vital exporting region.
Brent crude futures rose by 94 cents, or 1.27%, to $74.84 a barrel, while US We…
European shares declined on Thursday, weighed down by German technology firm SAP, while investors parsed through key inflation data for the bloc and its major economies.
The benchmark pan-European STOXX 600 (.STOXX), opens new tab lost 0.2% at 519.90…
The dollar index, which measures the currency against the euro, yen, and four other top rivals, added 0.22% to 101.88, a three-week peak after the data affirmed that robustness in the US jobs market reinforced bets the Federal Reserve will not rush to…
The World Bank announced on Thursday, that it has approved a USD 250 million project to enhance renewable energy in Lebanon by restoring electricity grid services and supporting the continuation of reforms.
In a press release, the bank stated that “t…
The Gulf Organisation for Research and Development (GORD) participated in the Cairo Sustainable Energy Week (CSEW) 2024 as a Sustainability Partner of the event.
During the event, GORD is showcasing its green initiatives through presentations and exh…
It is imperative to enhance the Gulf economic cooperation in the future, Kuwait’s Minister of Finance, Minister of State for Economic Affairs and Investment, and Acting Minister of Oil Nora Al-Fassam said on Thursday.
Al-Fassam welcomed Kuwait’s host…