US and China Reach Tariff Deal, Easing Trade Tensions
Washington (Agencies): The United States and China have reached a landmark tariff agreement, rolling back most of the additional duties imposed since early April. The deal, announced in a joint…
British Airways Owner Announces Major Boeing and Airbus Order Amid Strong Travel Demand
London (Agencies): The International Airlines Group (IAG), owner of British Airways and Iberia, has announced a multi-billion dollar order for Boeing and Airbus aircraft, signaling confidence in global air travel…
US could face default by August – Treasury chief
WASHINGTON D.C (Agencies): The US could default on its obligations by the end of summer, Treasury Secretary Scott Bessent has warned. In a letter to Congress on Friday, he urged…
India and UK Sign Historic Trade Deal, Slashing Tariffs and Boosting Bilateral Trade
London/New Delhi (Agencies): India and the United Kingdom have finalized a landmark trade agreement after three years of negotiations, marking a significant milestone in economic relations between the two nations.…
China Releases Detained US Mintz Group Staff After Two Years
Beijing (Agencies): China has released five employees of the US-based consultancy firm Mintz Group, two years after their detention as part of a crackdown on foreign-linked consulting firms. The release…
Gold Reaches Historic High Amid Escalating Trade Tensions
New York (Agencies) – Gold prices soared to a record high on Thursday as investors, spooked by mounting concerns over a global trade war, sought safe-haven assets. The latest rally…
Russia has a new game plan for South Asia
Russia-Pakistan relations have been in the spotlight in recent months – from the visits of high-level delegations to the signing of various cooperation agreements, trade deals, and even joint counterterrorism…
King Salman approves Saudi riyal symbol
RIYADH (Agencies): King Salman on Thursday approved the official symbol for the Saudi riyal, marking the beginning of a new chapter in the Kingdom’s financial journey, as reported by the…
Trump Imposes Tariffs on Canada, Mexico, and China, Sparking Global Trade Tensions
Washington, D.C. (Agencies): In a significant move, US President Donald Trump has signed an executive order imposing tariffs on goods from Canada, Mexico, and China. The tariffs are set at…
Foreigners Can Now Invest in Makkah and Madinah Property via Listed Companies
RIYADH (Agencies): The Saudi Capital Market Authority (CMA) has announced that foreigners can now invest in Saudi-listed companies owning real estate in Makkah and Madinah. This landmark decision, effective immediately,…