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Stability of Oil Prices After Decline Amid Fears of New Trade War
SadaNews - Oil prices stabilized after falling to a five-month low on Tuesday, amid expectations of a significant oversupply and escalating trade tensions between the United States and China.
Brent crude traded near $62 a barrel after it declined by 1.5% in the previous session, while West Texas In...
Expectations for Gold to Reach $5,000 by 2026
SadaNews Economy - Gold continues to record all-time high prices amid rising expectations that the Federal Reserve (the US central bank) will cut interest rates, while renewed trade tensions between the United States and China have increased bets on safe-haven assets, including silver, which reached...
IMF Raises Growth Expectations for the Arab Region in 2025 and 2026
SadaNews Economy - The International Monetary Fund (IMF) has maintained its optimistic outlook for the economy of the Arab region, expressed three months ago, by raising its growth forecasts for the Middle East for the current and the next year for the second time, based on an improvement in oil pri...
33 Trillion Dollars at Stake.. Proposal to Freeze Debt of Emerging Countries in Times of C...
SadaNews - A group of prominent bondholders in emerging markets has proposed granting developing countries a grace period to repay their debts in the event of disasters.
The proposal came as the annual meetings of the International Monetary Fund kicked off in Washington, allowing governments to sus...
Oil Prices Rise After Reducing Losses in the Opening Session
SadaNews - Oil prices rose after reducing their losses in the weekly opening session, as investors balanced the implications of renewed trade tensions between the United States and China against global demand prospects.
Brent crude traded above $63 a barrel after rising in the previous session fo...
Gold Prices Rise to $4,129 per Ounce
SadaNews - Silver prices have reached a new record level above $52.50 per ounce, strengthened by a "historical short squeeze" in London, which added momentum to a rising trend fueled by increased demand for safe assets.
Spot prices rose by 0.4% to reach $52.5868 per ounce in London, sur...
Tourism Income in Jordan Rises by Approximately 7% in 9 Months
SadaNews - The Central Bank of Jordan announced on Monday that the revenues of the tourism sector increased by 6.8% during the first nine months of 2025, reaching $5.95 billion compared to the same period last year.
The bank added in a press statement that this increase was due to a rise in the num...
Saudi "Midad" Invests $5.4 Billion with "Sonatrach" for Hydrocarbons Production in Algeria
SadaNews - The Algerian hydrocarbons company "Sonatrach" and the Saudi North Africa energy company Midad signed a production-sharing agreement today, Monday, to explore and exploit hydrocarbons in the "Illizi" region in southern Algeria.
According to a statement, the total planned investments for e...
Oil Prices Rise After US's Conciliatory Tone Toward China
SadaNews - Oil prices rose after US President Donald Trump's administration expressed readiness to reach an agreement with China to contain the renewed trade tensions between the world's largest crude consumers.
Brent crude climbed above $63 a barrel after falling 3.8% on Friday, marking its larges...
Gold prices reach a new record level of $4068 per ounce
SadaNews - The price of silver has reached its highest level in decades, influenced by an unprecedented short squeeze in London that has supported the significant rise since the beginning of the year, while gold has reached a new peak supported by investor enthusiasm for precious metals.
Spot silve...
The Launch of a New Digital Entry System for the European Union
SadaNews - The member states of the European Union began today, Sunday, to implement a new entry and exit system at the external borders of the bloc, where data from non-EU citizens will be registered electronically.
The entry and exit system will be applied over a period of 6 months, featuring an...
Egypt: Gradual Operation of the Fifth Regasification Vessel "Energos Winter"
SadaNews - The Egyptian Ministry of Petroleum and Mineral Resources has gradually begun the operation of the fifth regasification vessel "Energos Winter" at the end of last week, with a capacity of 70 million cubic feet of gas per day, according to a government official.
The Ministry has completed...