Cryptocurrency

Iran unifies official and open market exchange rates as rial hit new low

Iran unified the country’s official and open market exchange rates, state media said, after its currency, the rial, plunged to…

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Cryptocurrency traders use old gold in drive to draw Islamic investors

In Dubai’s decades-old Gold Souk, customers from around the world haggle over bangles and necklaces. Elsewhere in the emirate, the…

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flynas launches ‘Light’, ‘Plus’ and ‘Premium’ economy class fares

FLYNAS, the national Saudi carrier and leading low cost airline in the Middle East, announced the launch of new economy-class…

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Trump trade war could shrink world output by 1.0%: ECB

World economic output could fall as much as one percent in a year if US President Donald Trump sparks a…

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China will win any trade war with US — state media

BEIJING/WASHINGTON — China has never surrendered to external pressure and it will win any trade war with the United States,…

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Underwriting begins for 70% of MEFIC REIT units in Saudi Arabia

MEFIC REIT Capital is approaching the Saudi stock market, after receiving the approval of the Capital Markets Authority of Saudi…

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US expects talks with China as trade fight escalates

The United States voiced willingness to negotiate a resolution to an escalating trade fight with China after Beijing retaliated against…

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Egypt net foreign reserves rise to $42.611 bln at end of March

Egypt’s net foreign reserves rose slightly to $42.611 billion at the end of March from $42.524 billion at the end…

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At Economic Club of New York, Saudi ministers showcase new economic prospects

On the sidelines of the historic visit to the United States by Saudi Arabia’s Crown Prince Mohammad bin Salman, the…

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Egypt to keep customs exchange rate at 16 pounds in April

Egypt will keep its customs exchange rate steady at 16 pounds per dollar for April, state news agency MENA said…

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