The International Monetary Fund (IMF) announced its approval of measures that will reduce borrowing costs for its members by approximately $1.2 billion annually. According to the statement issued by the IMF, these new changes will take effect at the b…
Oil eased on Friday after a rally the previous day, but prices remained set for a second straight weekly gain as investors weighed the impact of hurricane Milton on US demand against any broad supply disruption due to the developments in the Middle E…
South Korea’s central bank on Friday cut its key benchmark interest rate, its first pivot in its years-long monetary tightening mode, as inflation continued to moderate and the property market showed signs of cooling.
The Bank of Korea (BOK) slashed…
Kuwaiti Minister of Finance Noura Al Fassam met Thursday with Turkish Minister of Treasury and Finance Mehmet Simsek, who is currently visiting Kuwait.
The meeting discussed ways to enhance economic and investment relations between the two countries…
The official price of Omani oil for December delivery rose today by $1.36 to $78.5 a barrel, compared to $77.36 during trading yesterday, Thursday.
It is worth noting that the monthly average price of Omani crude oil for October delivery reached $77…
The general index of stock prices listed in Jordan rose by 0.83 percent, ending the week’s trading at 2392 points.
The daily average trading volume at the Amman Stock Exchange during the past week amounted to about 3.8 million Jordanian dinars, comp…