Business

US sanctions looming
Iran calls for OPEC solidarity against potential US oil sanctions
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Latakia port
Syria agrees to new contract with France’s CMA CGM
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Total expenditure is projected to fall by 0.1%
Kuwait's 2025-26 draft budget sees deficit of around $20.43 billion
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Stronger bilateral cooperation
Italy, Saudi Arabia sign partnership deals worth $10 billion
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Trump said he would consider making Saudi Arabia his first destination for a foreign visit if Riyadh agreed to buy $500 billion worth of American products
Saudi Arabia plans $600 billion in new US investment, trade over four years
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TikTok
Saudi prince's investment firm keen on investing in TikTok
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Nail Olpak, head of the Turkish Foreign Economic Relations Board
Turkey could restart Israel trade if peace permanent
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The UAE says Kenya is a gateway to East Africa
Kenya seeks UAE funds to complete regional railway
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Gas flares at the Havana oil field, west of Kirkuk
Iraq and BP to sign Kirkuk oil and gas deal by first week of February
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The UAE is one of the world's leading countries in renewable energy
UAE, Italy, Albania sign deal for energy subsea interconnection
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Al Jaber said that the rapid growth of energy-hungry applications like ChatGPT could lead to a 250% increase in energy demand by 2050
Masdar launches facility to produce 1GW of uninterrupted renewable energy
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Traders say the process has dampened sales
Sudan’s army changes banknotes
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Morocco expects to receive 26 million tourists by 2030
17.4 million tourists flocked to Morocco in 2024
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Food prices dropped by 1.5% in December after a 2.8% drop in November
Egypt inflation falls to two-year low in December
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The declared assets exceeded tax authorities' expectations
Morocco’s 2024 tax amnesty: Record $10 billion declared
Saad Guerraoui
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Public sector workers' wage was $25 a month
Syrian caretaker govt to hike public sector salaries by 400% next month
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