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Category: Business 5830

For the First Time in Years.. Syria Resumes Heavy Oil Exports from Tartus Terminal
Business
  • 1 mins read

For the First Time in Years.. Syria Resumes Heavy Oil Exports from Tartus Terminal

The Syrian Ministry of Energy has resumed exporting 600,000 barrels of heavy oil from the Tartus port terminal for the first time in years, aiming to revitalize the oil sector and expand cooperation with international companies.

Secretary-General of the Federation of Chambers of Commerce: Price Reduction Initiative is Optional.. Private Sector Has Reduced Its Profit Margin
Business
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Secretary-General of the Federation of Chambers of Commerce: Price Reduction Initiative is Optional.. Private Sector Has Reduced Its Profit Margin

Alaa Ezz, Secretary-General of the Federation of Chambers of Commerce, said the price reduction initiative is optional for the Egyptian private sector, which controls 80% of local production and employment. Despite the government initiative, food prices have not seen a real drop for over 30 days.

Angry Protests Close Currency Exchange Shops in Aden and Lahj over 'Illusory Improvement' of Currency
Business
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Angry Protests Close Currency Exchange Shops in Aden and Lahj over 'Illusory Improvement' of Currency

Angry protests in Aden and Lahj closed currency exchange shops in response to the 'illusory improvement' of the local currency, amid military intervention and the Central Bank fixing the Yemeni rial exchange rate against the Saudi riyal.

Salam Receives FAO Delegation Renewing Support for Lebanon
Business
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Salam Receives FAO Delegation Renewing Support for Lebanon

Prime Minister Nawaf Salam received a delegation from the FAO that renewed its support for Lebanon, emphasizing the organization's commitment to supporting the agricultural sector and enhancing food security in Lebanon and Syria.

By-Elections in Ghana Test Mahama's Promises and Opposition Strength
Business
  • 1 mins read

By-Elections in Ghana Test Mahama's Promises and Opposition Strength

A crucial by-election in Akwatia, Ghana, tests President John Mahama's policies and the strength of the main opposition party. The city, historically known for diamond mining, faces significant economic and political shifts with over 52,000 registered voters.

Sabounji: Reconnecting to SWIFT Boosts International Trade and Financial Exchange with Syria - S A N A - Syrian Arab News Agency
Business
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Sabounji: Reconnecting to SWIFT Boosts International Trade and Financial Exchange with Syria - S A N A - Syrian Arab News Agency

Samir Sabounji, advisory board member of the American Syrian Business Council, highlighted the importance of reconnecting Syrian banks to the SWIFT system to boost international trade and financial exchange with Syria, noting that lifting U.S. sanctions facilitates joint projects between private sector companies in Syria and the United States.

"Ektifa" Provides Free-Range Poultry and Organic Meat on "Dhabihati" App | Al Khaleej Newspaper
Business
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"Ektifa" Provides Free-Range Poultry and Organic Meat on "Dhabihati" App | Al Khaleej Newspaper

"Ektifa" Foundation signed an agreement with "Al Waha Livestock" to distribute organic meat and free-range poultry through the "Dhabihati" app, aiming to expand distribution and facilitate product access across all UAE emirates.

Oil Prices Rise in Early US Trading After Falling in Asia
Business
  • 1 mins read

Oil Prices Rise in Early US Trading After Falling in Asia

Oil prices rose in early US trading after falling in Asia, as traders focused more on geopolitical risks than on potential supply surpluses. Brent crude approached $67 per barrel amid expectations of limited US trading due to the Labor Day holiday.

Delta Airlines to Pay $79 Million Compensation for Fuel Dump Over Schools | Al Khaleej Newspaper
Business
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Delta Airlines to Pay $79 Million Compensation for Fuel Dump Over Schools | Al Khaleej Newspaper

Delta Airlines agreed to pay $79 million to settle a class-action lawsuit after dumping 15,000 gallons of jet fuel over schools and a residential area in Los Angeles in 2020, injuring 56 people including students and teachers.

‏البنك السعودي الأول يحصد الآيزو 20400 في المشتريات المستدامة
Business
  • 1 mins read

‏البنك السعودي الأول يحصد الآيزو 20400 في المشتريات المستدامة

أعلن البنك السعودي الأول، أحد البنوك الرائدة في المملكة، حصوله على الآيزو 20400 للمشتريات المستدامة، ليصبح بذلك أول بنك في…

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