Al-Jaghbeer: The Industrial Sector Leads Economic Growth
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Jordan’s national exports to the Arab Free Trade Area countries increased by 13.9% during the first seven months of the year, reaching 2.214 billion dinars and leading the kingdom’s trade partners. Imports from these countries rose by 7%, while the trade deficit decreased to 834 million dinars.
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Amanat Holding announces approval from the Saudi Capital Market Authority for its subsidiary Al-Masar Al-Shamil for Education to launch an IPO on the main Saudi Stock Exchange market.
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The General Authority for Statistics released the labor market statistics for Q2 2025, reporting a 6.8% unemployment rate among Saudis and a 49.2% labor force participation rate. The bulletin also detailed differences in unemployment and participation rates by gender and age groups.
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The King Abdulaziz Public Library and the General Secretariat of the King Abdullah bin Abdulaziz International Award for Translation, in cooperation with Hankuk University, held a scientific forum in Seoul titled "Translation and Artificial Intelligence: Opportunities and Challenges," featuring experts in translation and AI technologies.
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Sudan's livestock sector faces major challenges due to the war that began in April 2023, but shows signs of resilience with gradual recovery in production despite destruction. The sector remains a vital pillar of the national economy and a source of income and stability for millions.
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The Egyptian Ministry of Finance announced plans to offer 6 prime, unused land plots in Cairo's Al-Dirasa area to the private sector within weeks, aiming to stimulate investment and develop innovative economic projects.
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Masoud Suleiman, acting head of the National Oil Corporation, met with Jeremy Brent, Chargé d'Affaires at the US Embassy in Libya, to discuss cooperation in energy and plans to develop the oil and gas sector and increase production to support the national economy.
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Saudi real estate developer Dar Global has launched the $1 billion "Trump Plaza Jeddah" project in partnership with the Trump Organization. This is their second collaboration in Jeddah after the "Trump Tower Jeddah." The project includes luxury residences and office spaces aiming to redefine urban living in the city.
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A Reuters poll predicts that the Central Bank of Egypt will cut key interest rates by 100 basis points at its upcoming meeting on Thursday amid slowing inflation and high real interest rates above 10%.
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Oil prices dropped Tuesday amid expectations of increased OPEC+ production and resumed oil exports from Iraq's Kurdistan region via Turkey, raising forecasts of a near-term supply surplus.
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