Prices of 21-karat gold, the highest demand at local market, stood at JD39.90 per gramme, as purchasing price, against JD38.20 as selling price, an official said Saturday. Jordan Jewelers Association’s Secretary General, Ribhy Allan, told Jordan News …
The European Union (EU) has suspended its financial support to Niger after military leaders ousted the democratically elected President Mohamed Bazoum.”In addition to the immediate cessation of budget support, all cooperation actions in the domain of …
The Jordan Central Bank Governor, Adel Sharkas, and the Federal Reserve Chairman, Jerome Powell, discussed Thursday in Washington, DC cooperation in digital payments. The meeting focused on global economic developments, the Federal Reserve’s measures …
The Central Bank of Kuwait (CBK) on Wednesday decided to raise the discount rate by 0.25 percent from 4.0 percent to 4.25 percent effective July 27, 2023.The decision is part of the CBK’s efforts to maintain monetary and financial stability, enhance th…
The Saudi Central Bank (SAMA) decided to raise the rate of Repurchase Agreement (Repo) by 25 basis points to 6.00 percent, and the rate of Reverse Repurchase Agreement (Reverse Repo) by 25 basis points to 5.50 percent. These decisions are in line with …
The Kingdom of Saudi Arabia was ranked sixteenth in annual container throughput by the 2023 edition of the Lloyd’s List One Hundred Ports, steadily improving on the 24th position it occupied last year.The Minister of Transport and Logistics Services an…