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Iraq Allows Fuel Export by Land via Syria for the First Time in Decades
SadaNews - Iraq has resorted to exporting fuel by land via Syria for the first time in decades, a step that reflects the level of disruption affecting traditional shipping routes amidst the worsening war with Iran.
Iraq's oil marketing company, "SOMO", has signed contracts to supply...
Moroccan "Managem" Invests $750 Million to Double Gold Production
SadaNews - The Moroccan "Managem" Group, operating in the mining sector in Africa, plans to invest $750 million to increase gold production by 134% from 213,000 ounces last year to half a million ounces by the end of the current decade, according to Imad El Tumi, the company's CEO, in a statement to...
Slight Increase in Oil Prices Despite Trump's Statements on Leaving Iran
SadaNews - Oil prices have risen slightly despite U.S. President Donald Trump's remarks that the Iran war could end within weeks, as the White House continues to send more American troops to the region amid a near-total closure of the Strait of Hormuz.
Brent crude has surpassed the level of $105 a...
Gold Continues to Rise Amid Expectations of an End to the Iran War
SadaNews - Gold has extended its gains for the third consecutive day amid signs that the war with Iran may be nearing its end, as traders shift their focus from interest rate hikes to long-term economic slowdown risks.
The precious metal rose by as much as 1.2%, surpassing $4,700 an ounce, adding t...
Among Oil-producing Countries: A Wave of Rising Fuel Prices Hits the Region... What About...
SadaNews Economy - Energy markets in the Middle East are experiencing an unprecedented wave of rising fuel prices, driven by escalating geopolitical tensions and rising global oil prices, amid warnings of larger jumps if crises continue, particularly with threats related to the closure of the Strait...
Growth of Foreign Direct Investment in Jordan by 25.1% in 2025 to reach 2.02 billion dolla...
SadaNews - The preliminary data for the balance of payments revealed that the inflows of foreign direct investment into Jordan during the year 2025 amounted to approximately 2,024.8 million dollars, compared to 1,618.8 million dollars in 2024, achieving a growth rate of 25.1%.
This is the highest l...
Net Foreign Investment Flows in Saudi Arabia Jump 90% in the Last Quarter of 2025
SadaNews - Net foreign direct investment flows to Saudi Arabia grew by about 90% during the last quarter of 2025, as the Kingdom continues to improve its investment environment and intensify reforms.
Net flows amounted to approximately 48.4 billion riyals during the period from October to December...
Fitch Places Qatar's Sovereign Rating at "AA" on Negative Watch Due to Fallout from Iran's...
SadaNews - Credit rating agency "Fitch" revealed its methodology for addressing the risks of Iranian escalation on global markets, confirming that negative scenarios have become substantial enough to warrant precautionary measures, including adjusting outlooks or placing entities on a watch list in...
El-Erian Warns: The Economic Shock in the Middle East is Greater than Imagined
SadaNews - Economic expert Mohamed El-Erian issued a notable warning via his account on the "X" platform, indicating that the economic and financial repercussions of the ongoing conflict in the Middle East have not yet been fully absorbed. He explained that among all the issues discussed during the...
Oil Prices Drop After News of Trump's Willingness to End the Iran War
SadaNews - Oil prices have dropped after the Wall Street Journal reported that U.S. President Donald Trump informed his aides of his readiness to end the military campaign in Iran, even if the vital Strait of Hormuz remains largely closed.
West Texas Intermediate crude fell below $102 a barrel, aft...
Gold Rises Thanks to Federal Comments and Trump's Efforts to End Iran War
SadaNews - Gold extended its gains for the second day after comments from the Federal Reserve eased bets on interest rate hikes, along with a report stating that U.S. President Donald Trump is ready to end the Iran war without reopening the Strait of Hormuz.
The precious metal surged by up to 2.4%...
Energy Shock Brings Coal Back to the Forefront and Hinders Emission Reduction Efforts
SadaNews - The escalation of conflict in the Arabian Gulf has led to turmoil in oil and gas markets. However, it may have given coal, the most polluting fossil fuel, its biggest boost in years.
Climate negotiators have been trying for decades to end the era of coal. This task was already challengin...