Economy

Morocco Approves Green Hydrogen Projects Worth $32.5 Billion A Moroccan government committee has approved several green hydrogen projects aimed at producing ammonia, steel, and industrial fuels, with a total investment of 319 billion dirhams (approximately $32.5 billion). In a statement issued Thursday evening, the Prime Minister’s office announced that the …

Chinese Commerce Minister: China Will Not Surrender to Bullying, Economy Capable of Facing Trade Challenges On Thursday, Chinese Commerce Minister Wang Wentao stated that China will not “surrender to bullying” and that its economy is capable of handling the challenges, including the new tariffs imposed by U.S. President Donald Trump. …

Trump Hints at Possible Extension for TikTok Sale Deadline On Thursday, U.S. President Donald Trump said that it is “likely” he will extend the deadline for TikTok’s sale if no deal is reached by the specified time. Trump had issued an executive order in January extending the deadline for TikTok …

Eurozone Economy Surpasses Expectations in 2024 Driven by Consumer Spending and Investments The Eurozone economy grew by more than initial expectations at the end of 2024, with a growth rate of 0.9%, surpassing the previously estimated 0.7%. This growth is attributed to increased consumer spending and business investments, at a …

World Bank Estimates Lebanon’s Reconstruction and Recovery Needs at $11 Billion After Conflict The World Bank has estimated Lebanon’s needs for reconstruction and recovery following the recent conflict at around $11 billion, according to the Rapid Damage and Needs Assessment (RDNA) report for Lebanon in 2025. The report, which covers …

Enhancing Economic Cooperation Between the United States and Israel in a Meeting Between the U.S. Treasury Secretary and Israeli Finance Minister The U.S. Treasury Department announced that Treasury Secretary Scott Pisin met with Israeli Finance Minister Bezalel Smotrich on Wednesday, where they agreed to enhance dialogue and cooperation between the …

Grand Tortue Ahmeyim LNG Project Faces Environmental and Economic Concerns After Gas Emissions Detection The Grand Tortue Ahmeyim (GTA) liquefied natural gas (LNG) project, a joint venture between Senegal and Mauritania, has experienced an unexpected development after British Petroleum (BP), the operator of the project, announced the detection of gas …

Ramadan Dates: Their Nutritional and Economic Importance and the Dominance of Arab Countries in Production and Export Dates are the primary food consumed during the month of Ramadan among Muslims, as they are rich in various minerals and vitamins that contribute to health. Dates are an excellent source of iron, …

Syria Receives New Shipment of Local Currency Printed in Russia Amid Improved Relations with Moscow A government official revealed to Reuters that Syria received a new shipment of its local currency printed in Russia last Wednesday, with expectations for more shipments in the future. This development comes at a time …

Slight Decline in the Iraqi Dinar Exchange Rate Against the Dollar in the Parallel Market on Thursday The exchange rate of the Iraqi dinar against the dollar saw a slight decline in today’s Thursday trading in the parallel market, while the rate remained stable in the official market. Meanwhile, currency …