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Category: Business 9423

Trade of Death: Counterfeit Drugs Worsen Sudan's Health Crisis
Business
  • 1 mins read

Trade of Death: Counterfeit Drugs Worsen Sudan's Health Crisis

Sudan faces a worsening crisis of counterfeit and expired drugs amid weak official oversight and escalating war, leading to significant human and economic losses.

Significant Decline of the Dollar Against the Yuan in Today’s Trading
Business
  • 1 mins read

Significant Decline of the Dollar Against the Yuan in Today’s Trading

The US dollar dropped by 63 pips to 7.1089 yuan per dollar on Monday, with the yuan allowed to fluctuate by 2% around the central bank’s reference rate in the foreign exchange market.

Rapid Growth of Gold Funds in Egypt Since Early 2025
Business
  • 1 mins read

Rapid Growth of Gold Funds in Egypt Since Early 2025

Gold funds in Egypt have grown rapidly in asset size and trading volume since early 2025, driven by rising global gold prices and increased local demand for safe investments amid economic and geopolitical uncertainties.

World Free Zones Organization to Discuss the Future of Global Trade and Investment Next October
Business
  • 1 mins read

World Free Zones Organization to Discuss the Future of Global Trade and Investment Next October

China's Hainan Province will host the 11th annual international conference of the World Free Zones Organization in October 2025, with over 1,500 senior policymakers, business leaders, investors, and free zone experts participating to discuss the future of global trade and investment.

18 International Pavilions at WETEX to Strengthen Global Cooperation in Sustainability
Business
  • 1 mins read

18 International Pavilions at WETEX to Strengthen Global Cooperation in Sustainability

WETEX 2025 hosts 18 international pavilions from various countries with participation from 3,100 companies representing 65 nations, aiming to enhance global cooperation in sustainability, energy, water, and environment sectors.

UAE Government Shares Experience at the "Knowledge Exchange Forum" in the Philippines
Business
  • 1 mins read

UAE Government Shares Experience at the "Knowledge Exchange Forum" in the Philippines

The UAE government delegation visited the Philippines to participate in the Government Knowledge Exchange Forum aimed at enhancing partnership and sharing expertise in government modernization, attended by the Philippine President and senior officials from both countries.

AED 58.1 Billion in Dubai Islands Real Estate Sales Over 8 Months
Business
  • 1 mins read

AED 58.1 Billion in Dubai Islands Real Estate Sales Over 8 Months

Dubai Islands recorded AED 58.1 billion in real estate sales during the first eight months of 2025, with 8,101 diverse transactions. Palm Jumeirah and Jebel Ali Palm topped the list of the most investment-attracting projects.

Al-Zari: 'Okaz' - We Feel the Magnitude of Achievements and Prepare Our Children for a Promising Future
Business
  • 1 mins read

Al-Zari: 'Okaz' - We Feel the Magnitude of Achievements and Prepare Our Children for a Promising Future

Dr. Nayef bin Abid Al-Zari, Director General of Education in Riyadh, participated in the 95th National Day celebrations with students at Saqr Quraysh Elementary School, emphasizing the importance of instilling citizenship values and preparing students for a promising future.

Eastern Province Mayor Inaugurates "Wahdat Watan" Monument in Al Khobar
Business
  • 1 mins read

Eastern Province Mayor Inaugurates "Wahdat Watan" Monument in Al Khobar

The Mayor of the Eastern Province inaugurated the "Wahdat Watan" monument in Al Khobar, symbolizing the unification of the Kingdom. The monument is located at the intersection of King Salman Bin Abdulaziz Road and Prince Turki Road. The initiative aims to enhance the urban landscape and aesthetic identity of cities through national monument competitions.

Financial Regulatory Chief Reviews Development of Non-Banking Financial Sector with Editors-in-Chief - Youm7
Business
  • 1 mins read

Financial Regulatory Chief Reviews Development of Non-Banking Financial Sector with Editors-in-Chief - Youm7

Dr. Mohamed Farid, Chairman of the Financial Regulatory Authority, emphasized that the non-banking financial sector is a key driver of the national economy. The stock exchange is ready for new listings amid rising liquidity and trading. Regulatory efforts focus on transparency, combating financial fraud, and supporting investment in gold funds, real estate, and the voluntary carbon market.

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