OFOQ DESK

Business

Focused coverage of the latest developments in Business, in clear language with continuous updates.

Currency exchange rates

Bethlehem - Ofoq News - Currency exchange rates against the shekel, today, were as follows: Dollar - Buy 3.07 Sell: 3.10 dinars - Buy: 4.31 Sell: 4.41 Euros - Buy: 3.42 Sell: 3.45 Metals: Gold: Buy 4005 Sell 4010 Silver: Buy 53.20 Sell 53.25 To subscribe to the SMS service to obtain currency rates.

New Face 241 دقيقةTuesday, 27 October 2026 at 07:48

Business

Bank of Palestine is a strategic sponsor of the Al-Najah International Orthodontics and Non-Surgical Cosmetic Conference in Nablus

Ramallah - Ofoq News - Bank of Palestine provided its strategic sponsorship to the Al-Najah International Conference for Orthodontics, Maxillofacial and Non-Surgical Cosmetics, which was organized by An-Najah National University in the city of Nablus over two days, with the participation of an elite group of doctors, experts, researchers and specialists in the fields of dentistry, orthodontics and cosmetics.

New Face 242 دقائقThursday, 22 October 2026 at 17:01

Business

JLL to Al Arabiya: We expect construction cost inflation in Saudi Arabia to stabilize at 5% during 2026

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New Face 243 دقائقThursday, 22 October 2026 at 13:30

Business

Al-Sharq Pipe for Arabic: Shipping disturbances delay raw materials.. and we aim to increase production capacity

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New Face 243 دقائقThursday, 22 October 2026 at 12:08

Business

A Syrian-French forum to enhance economic cooperation

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New Face 242 دقائقThursday, 22 October 2026 at 10:13

Business

The price of the dollar in Egypt is back on the rise...a new record gain

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New Face 243 دقائقThursday, 22 October 2026 at 07:36

Business

Germany cancels the license of the "Bank Export Iran" branch in Hamburg and orders its liquidation

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New Face 241 دقيقةThursday, 22 October 2026 at 07:10

Business

Statistics: An increase in the trade balance deficit for goods observed during the month of August

Ramallah Ofoq News - The Central Bureau of Statistics said that exports increased by 23% during August 2026 compared to August 2025, reaching a value of $217.0 million. She explained in a statement issued by the Central Bureau of Statistics on Thursday that exports to Israel increased by 29% during the month of August 2026 compared to

New Face 242 دقائقThursday, 22 October 2026 at 06:30

Business

Currency and metal prices

Bethlehem - Ofoq News - Currency exchange rates against the shekel, today, were as follows: Dollar - Buy 3.08 Sell: 3.12 dinars - Buy: 4.34 Sell: 4.44 Euros - Buy: 3.47 Sell: 3.51 Metals: Gold: Buy 4090 Sell 4095 Silver: Buy 56.30 Sell 56.40 To subscribe to the SMS service to obtain currency rates.

New Face 241 دقيقةThursday, 22 October 2026 at 05:24

Business

“Aramco” is considering raising “East-West” exports to 10 million barrels... and Al-Nasser reveals post-crisis plans

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New Face 246 دقائقThursday, 22 October 2026 at 04:01

Business

“Saudi Energy”: thwarting a drone attack on the Shaybah field...and operations continue without interruption

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New Face 241 دقيقةWednesday, 21 October 2026 at 19:03

Business

The US Treasury issues new sanctions related to Iran

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New Face 242 دقائقWednesday, 21 October 2026 at 16:54

Business

Syria seeks to employ artificial intelligence in developing the real estate sector

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New Face 242 دقائقWednesday, 21 October 2026 at 16:24

Business

Bank of Palestine participates in the launch ceremony of the Green Economy Financing Program of the European Bank for Reconstruction and Development (EBRD)

Ramallah - Ofoq News - The Bank of Palestine participated in the official launch ceremony of the Green Economy Financing (GEFF) program of the European Bank for Reconstruction and Development (EBRD), recording a remarkable presence through its distinguished pavilion, through which it displayed its banking products designed to support the green and sustainable economy. The financing program aims

New Face 243 دقائقWednesday, 21 October 2026 at 09:40

Business

Arab Bank is the strategic sponsor of the 11th National Innovation Forum

Ramallah - Ofoq News - The Arab Bank renewed its strategic sponsorship of the activities of the Eleventh National Forum for Creativity and Excellence, which was held this year under the title “Smart Palestine” and organized by the Supreme Council for Creativity and Excellence under the patronage of His Excellency President Mahmoud Abbas, which was attended by His Excellency Prime Minister Dr. Muhammad Mustafa N.

New Face 243 دقائقWednesday, 21 October 2026 at 07:50

Business

Bashar Al-Masry inspects the largest Palestinian tourist and entertainment complex under construction

Jericho - Ofoq News - Bashar Al-Masry inspected the progress of construction and development work in the first phase of his latest project in the city of Jericho, which is considered the largest tourism and entertainment project of its kind in Palestine. It extends over an area of 220 dunums and includes a commercial strip with an area of 50 dunums and a main walkway 750 meters long surrounded by restaurants and shops.

New Face 242 دقائقWednesday, 21 October 2026 at 07:29

Business

Currency and metal prices

Bethlehem - Ofoq News - Currency exchange rates against the shekel, today, were as follows: Dollar - Buy 3.08 Sell: 3.12 dinars - Buy: 4.34 Sell: 4.44 Euros - Buy: 3.45 Sell: 3.50 Metals: Gold: Buy 4114 Sell 4115 Silver: Buy 57.30 Sell 57.35 To subscribe to the SMS service to obtain currency rates.

New Face 241 دقيقةWednesday, 21 October 2026 at 05:32

Business

New exit of hot money from Egypt

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New Face 242 دقائقTuesday, 20 October 2026 at 16:46

Business

Syria receives international support to develop the textile sector

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New Face 241 دقيقةTuesday, 20 October 2026 at 16:14

Business

During the launch of the Green Economy Financing Facility (GEFF): Al-Amour: Green financing enhances the resilience of enterprises

Ramallah - Ofoq News The Minister of National Economy, Muhammad Al-Amour, stressed the importance of green financing in enhancing the resilience of Palestinian enterprises, reducing operating costs, raising competitiveness, and supporting the transition towards a more sustainable economy. This came during the launch of the Green Economy Financing Facility (GEFF), in the presence of the Governor of the Palestine Monetary Authority

New Face 242 دقائقTuesday, 20 October 2026 at 10:01

Business

Targeting oil facilities in Saudi Arabia: The price of oil jumps to $110 per barrel

Sanaa - Ofoq News - The Houthis in Yemen announced a new attack on oil facilities, airports and military targets in Saudi Arabia, and the price of a barrel of Brent crude reached $110.10 this morning, after touching $110.70 in the previous session. This is a price level that has not been seen for about five months, and the main concern is...

New Face 244 دقائقTuesday, 20 October 2026 at 08:23

Business

The price of the dollar in Egypt records a new record jump

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New Face 243 دقائقTuesday, 20 October 2026 at 07:30

Business

Currency and metal prices

Bethlehem - Ofoq News - Currency exchange rates against the shekel, today, were as follows: Dollar - Buy 3.10 Sell: 3.12 dinars - Buy: 4.35 Sell: 4.44 Euros - Buy: 3.46 Sell: 3.51 Metals: Gold: Buy 4143 Sell 4144 Silver: Buy 57.44 Sell 57.50 To subscribe to the SMS service to obtain exchange rates.

New Face 241 دقيقةTuesday, 20 October 2026 at 06:20

Business

Hot money exits put pressure on the Egyptian pound...more than half a billion dollars in a day

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New Face 242 دقائقMonday, 19 October 2026 at 16:53

Business

The Ministry of Economy told Ofoq News: Preventing the entry of West Bank products into Gaza is an economic crime

Ramallah - Ofoq News - The Ministry of National Economy confirmed that the Israeli occupation authorities’ continued prevention of the entry of West Bank products into the Gaza Strip constitutes an economic crime aimed at undermining the components of the Palestinian economy and exacerbating the economic siege imposed on our people, especially in the Gaza Strip. The Ministry said in a comment

New Face 242 دقائقMonday, 19 October 2026 at 14:45

Business

Israel is considering canceling the 200 shekel bill

Tel Aviv - Ofoq News - The Director of the Israeli Tax Authority, Shai Aharonovitch, sparked controversy by announcing today, Monday, during the annual conference of tax consultants in Eilat, that the abolition of the 200 shekel note has returned to the agenda, as part of efforts to combat black money and reduce tax evasion. Aha warned

New Face 242 دقائقMonday, 19 October 2026 at 14:00

Business

Syria announces the arrest of people practicing money exchange and money transfers without a license

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New Face 242 دقائقMonday, 19 October 2026 at 13:34

Business

The price of the dollar in Egypt exceeds 54 pounds... a new loss for the pound

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New Face 243 دقائقMonday, 19 October 2026 at 11:42

Business

"Syrian Grain" is preparing for the 2027 season... new silos in 7 locations

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New Face 242 دقائقMonday, 19 October 2026 at 10:07

Business

America threatens retaliatory measures against European companies over “Starlink”

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New Face 241 دقيقةMonday, 19 October 2026 at 09:16

Business

Algeria provides electricity to 4 million Italian families...a huge anticipated project

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New Face 243 دقائقMonday, 19 October 2026 at 07:25

Business

Saudi “Clearance” extends repurchase agreement service hours and launches new benefits

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New Face 242 دقائقMonday, 19 October 2026 at 06:56

Business

A sharp rise in the wholesale price index in the third quarter of the year

Ramallah - Ofoq News - Official data, issued today, Monday, showed a sharp rise in the wholesale price index of 16.39% during the third quarter of 2026, compared to the second quarter, by 20.17% for imported goods, and by 7.03% for goods produced and consumed locally. The Central Bureau of Statistics explained that the indicator

New Face 242 دقائقMonday, 19 October 2026 at 05:52

Business

Currency and metal prices

Bethlehem - Ofoq News - Currency exchange rates against the shekel, today, were as follows: Dollar - Buy 3.08 Sell: 3.12 dinars - Buy: 4.35 Sell: 4.44 Euros - Buy: 3.46 Sell: 3.51 Metals: Gold: Buy 4182 Sell 4183 Silver: Buy 57.75 Sell 57.80 To subscribe to the SMS service to obtain currency rates.

New Face 241 دقيقةMonday, 19 October 2026 at 05:27

Business

Net purchases by Saudis recorded $335 million in main market stocks within a week

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New Face 242 دقائقMonday, 19 October 2026 at 05:22

Business

Official: Egypt is looking to attract investments worth $1.1 billion in the pharmaceutical sector until the end of 2027

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New Face 243 دقائقMonday, 19 October 2026 at 04:13

Business

An agreement between Syria and the World Bank to establish a trust fund to support recovery and reconstruction

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New Face 241 دقيقةSunday, 18 October 2026 at 17:02

Business

Appointment of Prince Faisal bin Abdulaziz as president of Al-Fokhariya and Saad Al-Sayyari as his deputy

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New Face 243 دقائقSunday, 18 October 2026 at 15:20

Business

Egyptian Minister of Housing to Al Arabiya: The Alam Al-Rum project will provide about 250,000 job opportunities

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New Face 242 دقائقSunday, 18 October 2026 at 14:51

Business

The Capital Market Authority is seeking opinions regarding developing disclosure requirements for investment funds

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New Face 243 دقائقSunday, 18 October 2026 at 14:10

Business

Nadec President: Feed and shipping pressures have affected profit margins...and expansion plans are continuing

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New Face 242 دقائقSunday, 18 October 2026 at 13:24

Business

Syria cooperates with the United Nations to increase exports and support entrepreneurship

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New Face 242 دقائقSunday, 18 October 2026 at 12:26

Business

Saudi Minerals shares rise amid strong trading activity

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New Face 241 دقيقةSunday, 18 October 2026 at 12:12

Business

Saudi Arabia issues requirements and requirements for pleasure boat rental activity

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New Face 243 دقائقSunday, 18 October 2026 at 11:05

Business

The price of the dollar in Egypt is close to 54 pounds... a new record jump

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New Face 243 دقائقSunday, 18 October 2026 at 07:42

Business

Equipment House concludes a $34 million contract with the Health Services of the Ministry of Defense

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New Face 241 دقيقةSunday, 18 October 2026 at 07:06

Business

After the International Monetary Fund... Syria returns to the Arab group in the World Bank

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New Face 241 دقيقةSunday, 18 October 2026 at 07:00

Business

Al-Mowasat announces the filing of a commercial lawsuit against it demanding $89.43 million

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New Face 242 دقائقSunday, 18 October 2026 at 06:01

Business

Nadec's quarterly profits fell 72.5% to $8.11 million

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New Face 243 دقائقSunday, 18 October 2026 at 05:36

Business

Strong demand exceeds expectations.. Delivery of the first foldable iPhone was delayed until January

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New Face 242 دقائقSunday, 18 October 2026 at 04:32

Business

The dollar and shipping ignite car prices in Egypt... and the “overprice” returns

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New Face 244 دقائقSunday, 18 October 2026 at 04:13

Business

Anthropic proposes a law that would allow America to stop dangerous artificial intelligence models

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New Face 243 دقائقSaturday, 17 October 2026 at 06:15

Business

Oil is declining and the dollar is heading for a weekly loss

Washington - Ofoq News - Oil prices fell slightly in spot trading on Friday morning. Brent crude futures fell by 41 cents, or 0.39%, to $105.51 per barrel, while US West Texas Intermediate crude futures fell by 54 cents, or 0.55%, to $97.43 per barrel.

New Face 241 دقيقةFriday, 16 October 2026 at 06:21

Business

The Bank of Syria announces new measures against violators in the exchange sector

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New Face 242 دقائقThursday, 15 October 2026 at 15:26

Business

The end of the controversy.. Egypt announces the stabilization of fuel prices

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New Face 242 دقائقThursday, 15 October 2026 at 15:03

Business

Foreign direct investment in Saudi Arabia will jump to about $42.4 billion in 2025

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New Face 242 دقائقThursday, 15 October 2026 at 14:29

Business

“Tayba Investment” begins the voluntary liquidation of its subsidiary, “Nozol Shada Hotel”

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New Face 241 دقيقةThursday, 15 October 2026 at 13:42

Business

Thousands of Ford and Lincoln cars were recalled in Saudi Arabia due to a defect that could cause accidents

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New Face 241 دقيقةThursday, 15 October 2026 at 13:31

Business

Syria resumes sending mail packages to the world after a 10-year interruption

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New Face 242 دقائقThursday, 15 October 2026 at 11:12

Business

Iran is under pressure from the blockade and sanctions...a living crisis hits workers and retirees

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New Face 2411 دقائقThursday, 15 October 2026 at 10:55

Business

Syria returns to the Arab group in the IMF and leaves the Russian Federation

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New Face 242 دقائقThursday, 15 October 2026 at 09:59

Business

International warning: War and unrest threaten the Middle East economy

Washington - Ofoq News - The International Monetary Fund warned on Thursday that the continuation of the war in the Middle East, and the accompanying disruptions in energy production, shipping movement, and vital infrastructure, constitute the greatest threat to the economies of the Middle East and Central Asia. The Fund's Director of the Middle East and Central Asia Department, J

New Face 242 دقائقThursday, 15 October 2026 at 08:45

Business

Al-Jadaan: Saudi Arabia’s investments in alternative paths have enhanced energy security and trade flow

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New Face 242 دقائقThursday, 15 October 2026 at 08:36

Business

The price of the dollar in Egypt rises again.. What happens to the pound?

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New Face 243 دقائقThursday, 15 October 2026 at 07:45

Business

IMF: Saudi Arabia is more capable of absorbing shocks than the rest of the Gulf countries

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New Face 245 دقائقThursday, 15 October 2026 at 06:53

Business

Currency and metal prices

Bethlehem - Ofoq News - Currency exchange rates against the shekel, today, were as follows: Dollar - Buy 3.08 Sell: 3.12 dinars - Buy: 4.35 Sell: 4.43 Euros - Buy: 3.46 Sell: 3.50 Metals: Gold: Buy 4144 Sell 4147 Silver: Buy 56.05 Sell 56.15 To subscribe to the SMS service to obtain currency rates.

New Face 241 دقيقةThursday, 15 October 2026 at 05:31

Business

Zain Saudi Arabia shares recorded the largest decline in 15 weeks

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New Face 241 دقيقةWednesday, 14 October 2026 at 14:57

Business

Elsewedy Electric and a Chinese company win a $2.2 billion contract for a Saudi power station.

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New Face 242 دقائقWednesday, 14 October 2026 at 13:09

Business

MIS signs a $47.9 million contract with King Saud Medical City

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New Face 241 دقيقةWednesday, 14 October 2026 at 13:03

Business

The rise of the dollar prevents the price of gold in Egypt from falling

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New Face 242 دقائقWednesday, 14 October 2026 at 12:58

Business

438 industrial licenses and 189 new factories... Saudi industry continues to expand

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New Face 242 دقائقWednesday, 14 October 2026 at 11:31

Business

Syria signs 8 investment contracts in free zones with local and foreign companies

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New Face 242 دقائقWednesday, 14 October 2026 at 10:28

Business

“Saudi Competition”: 81% of economic concentration requests in the third quarter were foreign companies

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New Face 244 دقائقWednesday, 14 October 2026 at 08:49

Business

Egypt is considering establishing a real estate fund to benefit from the assets of “urban communities”

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New Face 242 دقائقWednesday, 14 October 2026 at 08:19

Business

The price of the dollar in Egypt exceeds 53 pounds... a new record jump

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New Face 243 دقائقWednesday, 14 October 2026 at 07:49

Business

Syria asks the Islamic Bank Group to resume financing infrastructure projects

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New Face 242 دقائقWednesday, 14 October 2026 at 07:16

Business

Accelerated Solutions approves doubling capital to $15 million

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New Face 242 دقائقWednesday, 14 October 2026 at 05:48

Business

Currency and metal prices

Bethlehem - Ofoq News - Currency exchange rates against the shekel, today, were as follows: Dollar - Buy 3.05 Sell: 3.09 dinars - Buy: 4.31 Sell: 4.39 Euros - Buy: 3.42 Sell: 3.46 Metals: Gold: Buy 4161 Sell 4164 Silver: Buy 59.20 Sell 59.30 To subscribe to the SMS service to obtain currency rates.

New Face 241 دقيقةWednesday, 14 October 2026 at 05:42

Business

He exposed himself in his naivety.. An American defrauds broadcast platforms and reaps 8 million dollars

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New Face 243 دقائقWednesday, 14 October 2026 at 04:53

Business

Egypt reduces gas pumping into the national grid to 7 billion cubic feet per day in October

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New Face 242 دقائقWednesday, 14 October 2026 at 04:46

Business

Consumer spending in Saudi Arabia through points of sale recorded $3.6 billion within a week

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New Face 243 دقائقWednesday, 14 October 2026 at 04:36

Business

An Aramco administrative building was targeted in Dhahran.. No casualties

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New Face 242 دقائقTuesday, 13 October 2026 at 21:46

Business

Gas prices in Europe reach their highest level since December 2022

Brussels - Ofoq News - Gas prices in Europe jumped, today, Tuesday, to their highest level since December 2022, amid continued tension in the Strait of Hormuz and concerns about declining storage levels on the continent. The price of gas, according to the European TTF reference index, recorded 86.2 euros, equivalent to 96.3 euros.

New Face 242 دقائقTuesday, 13 October 2026 at 17:31

Business

The Saudi Council of Ministers approves the merger of “Foreign Trade” and “Export Development” into one body

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New Face 242 دقائقTuesday, 13 October 2026 at 15:57

Business

Saudi Arabia and the UAE are leading the boom in data center investments in the Gulf

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New Face 242 دقائقTuesday, 13 October 2026 at 14:44

Business

Within weeks, the electrical interconnection between Egypt and Saudi Arabia will be operational with a capacity of 3,000 megawatts

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New Face 242 دقائقTuesday, 13 October 2026 at 14:38

Business

The International Monetary Fund extends Al-Jadaan’s presidency of the Monetary and Financial Committee for an additional year

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New Face 241 دقيقةTuesday, 13 October 2026 at 14:30

Business

OPEC+: Saudi Arabia increases oil production by more than two million barrels per day... and Russia declines

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New Face 242 دقائقTuesday, 13 October 2026 at 13:49

Business

The price of gold in Egypt records a new high

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New Face 242 دقائقTuesday, 13 October 2026 at 13:29

Business

Syria is discussing with the World Bank expanding grants and supporting reconstruction

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New Face 242 دقائقTuesday, 13 October 2026 at 10:06

Business

Citi cooperates with the Arab Bank to provide a clearing service in US dollars around the clock through its global network

Amman -: Ofoq News - Citi (listed on the New York Stock Exchange under the symbol C) announced; Arab Bank, the leading financial institution in the Middle East and North Africa region, announced joint cooperation to provide a round-the-clock US dollar clearing solution service from Citi to Arab Bank’s corporate sector clients, in a way that supports the

New Face 243 دقائقTuesday, 13 October 2026 at 09:04

Business

"MAGNiTT": Startups in the region raise $3 billion despite a 33% decline in deals

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New Face 241 دقيقةTuesday, 13 October 2026 at 08:30

Business

A new jump in the price of the dollar in Egypt towards a record level

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New Face 243 دقائقTuesday, 13 October 2026 at 07:51

Business

Syria decides to amend the terms of the customs tariff

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New Face 243 دقائقTuesday, 13 October 2026 at 07:08

Business

Egypt revives obsolete oil fields...a $4 billion bet to increase production by 30%

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New Face 245 دقائقTuesday, 13 October 2026 at 04:46

Business

Saudi Arabia signs 4 memorandums of understanding with Mongolia, Tanzania, Cyprus and Mauritius for cooperation in the fields of energy

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New Face 243 دقائقMonday, 12 October 2026 at 17:15

Business

The price of gold in Egypt ends the series of rises

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New Face 242 دقائقMonday, 12 October 2026 at 13:31

Business

Egypt announces an increase in revenues from tourism, the Suez Canal, and remittances from expatriates

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New Face 241 دقيقةMonday, 12 October 2026 at 11:42

Business

Palestine Islamic Bank participates in the twenty-fourth annual AAOIFI Sharia Boards Conference in Bahrain

Ramallah - Ofoq News - The Palestine Islamic Bank participated in the twenty-fourth annual AAOIFI Sharia Boards Conference, which was hosted by the Kingdom of Bahrain on October 11 and 12, 2026, with the participation of an elite group of Islamic Sharia scholars, experts, academics, decision makers, and representatives of banking and financial institutions.

New Face 243 دقائقMonday, 12 October 2026 at 11:23

Business

Investments in Saudi Arabia have doubled since 2015... and foreign direct investment has grown by 6.5%

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New Face 242 دقائقMonday, 12 October 2026 at 10:37

Business

Bank of Palestine launches the “Back to School” initiative to support first grade students in the Gaza Strip

Gaza - Ofoq News - As part of its ongoing humanitarian and community efforts to support our people in the Gaza Strip, and based on its belief in the importance of education and its role in enhancing hope for a better future, the Bank of Palestine launched the Back to School initiative under the slogan “New Year, New Hope,” to support first-grade students in a number of schools in the Gaza Strip,

New Face 242 دقائقMonday, 12 October 2026 at 09:51

Business

Sheep prices are still ambiguous despite support for the import quota and customs exemptions

Bethlehem - Ofoq News - Ayham Abu Ghosh, a journalist specializing in economic affairs, said that the reality of meat imports has witnessed changes during the last decade, pointing out the existence of what is known as the “quota” system, which gives the Palestinian Authority a specific quota for importing meat exempt from customs. This came while he was hosting a program

New Face 242 دقائقMonday, 12 October 2026 at 09:03

Business

Arab Bank supports the Kidney Failure Patients Association

Ramallah - Ofoq News - The Arab Bank provided its support to the Kidney Failure Patients Association with the aim of enabling the Association to continue providing its basic services to patients and alleviating the health and living burdens that kidney failure patients bear daily. This support comes within the framework of Arab Bank's commitment to social responsibility and its keenness to support...

New Face 242 دقائقMonday, 12 October 2026 at 08:32

Business

Besant: The results of the economic pressure on Iran will appear within 3 to 4 months

Washington - Ofoq News - US Treasury Secretary Scott Besent revealed the details of an economic pressure plan followed by the United States against Iran, expecting its results to appear within a period ranging between three and four months, prompting Tehran to accept US demands related to its nuclear file. According to the statements, the plan includes a moratorium

New Face 241 دقيقةMonday, 12 October 2026 at 08:24

Business

The price of the dollar in Egypt is rising close to a record level

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New Face 243 دقائقMonday, 12 October 2026 at 08:02

Business

The Bank of Syria executes the first documentary credit with an American bank in 14 years

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New Face 242 دقائقMonday, 12 October 2026 at 07:08

Business

Gold rises to its highest level since the beginning of October

Washington - Ofoq News - Gold prices rose today, Monday, supported by the decline in the dollar and the decline in oil prices, as investors await the US inflation data expected this week, which may provide indications regarding the directions of the Federal Reserve’s monetary policy. Gold rose in spot transactions by 0.3%.

New Face 241 دقيقةMonday, 12 October 2026 at 05:47

Business

Currency and metal prices

Bethlehem - Ofoq News - Currency exchange rates against the shekel, today, were as follows: Dollar - Buy 3.05 Sell: 3.09 dinars - Buy: 4.30 Sell: 4.38 Euros - Buy: 3.41 Sell: 3.46 Metals: Gold: Buy 4195 Sell 4196 Silver: Buy 60.95 Sell 61.05 To subscribe to the SMS service to obtain currency rates.

New Face 241 دقيقةMonday, 12 October 2026 at 05:25

Business

5 things that make Warren Buffett abandon his famous austerity

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New Face 243 دقائقMonday, 12 October 2026 at 04:58

Business

Syria resolves the controversy over imposing taxes and fees on commercial and service professions

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New Face 242 دقائقSunday, 11 October 2026 at 11:47

Business

The Saudi market index erases its morning losses and turns higher

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New Face 241 دقيقةSunday, 11 October 2026 at 10:37

Business

A Chinese company plans to invest in the glass industry in Syria

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New Face 242 دقائقSunday, 11 October 2026 at 10:19

Business

An Arab week for hot money in Egypt... inflows of $1.2 billion

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New Face 242 دقائقSunday, 11 October 2026 at 09:18

Business

“Advanced” for Arabic: We expect record sales in the fourth quarter and enter Europe soon

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New Face 244 دقائقSunday, 11 October 2026 at 08:31

Business

The price of the dollar in Egypt jumps again... and the pound continues to decline

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New Face 243 دقائقSunday, 11 October 2026 at 08:03

Business

Marwan Diab was appointed CEO of MEPCO, succeeding Faisal Haddawi

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New Face 242 دقائقSunday, 11 October 2026 at 07:33

Business

Banque du Caire intends to offer 30% of its shares on the Egyptian Stock Exchange

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New Face 243 دقائقSunday, 11 October 2026 at 07:29

Business

The launch of the World Petroleum Conference activities in Riyadh..today

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New Face 242 دقائقSunday, 11 October 2026 at 07:15

Business

The Bank of Syria issues 755 warnings to money exchangers in several governorates

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New Face 242 دقائقSunday, 11 October 2026 at 07:10

Business

“Al-Naqul” appoints “Business Sustainability Financial” as a financial advisor to move to “TASI”

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New Face 241 دقيقةSunday, 11 October 2026 at 05:59

Business

Amidst anticipation of IPO amendments... 31 companies awaiting IPO in the Saudi market

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New Face 244 دقائقSunday, 11 October 2026 at 05:29

Business

Currency and metal prices

Bethlehem - Ofoq News - Currency exchange rates against the shekel, today, were as follows: Dollar - Buy 3.04 Sell: 3.09 dinars - Buy: 4.28 Sell: 4.39 Euros - Buy: 3.40 Sell: 3.47 Metals: Gold: Buy 4190 Sell 4195 Silver: Buy 60.80 Sell 60.90 To subscribe to the SMS service to obtain exchange rates.

New Face 241 دقيقةSunday, 11 October 2026 at 05:25

Business

An American mother discovers a way to amass a fortune in less than a month

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New Face 243 دقائقSunday, 11 October 2026 at 04:48

Business

Why is the Egyptian pound declining despite the growth in flows through dollar channels?

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New Face 244 دقائقSunday, 11 October 2026 at 04:34

Business

The assets of investment funds in Saudi Arabia increased by 28% to reach $267 billion

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New Face 245 دقائقSunday, 11 October 2026 at 04:32

Business

Saudi Civil Aviation announces the temporary suspension of operations at King Khalid Airport

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New Face 241 دقيقةSaturday, 10 October 2026 at 16:41

Business

King Khalid International Airport requires travelers to contact airlines before heading to the airport

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New Face 241 دقيقةSaturday, 10 October 2026 at 15:00

Business

It is not oil or gold... a treasure hidden under water worth 12 trillion dollars

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New Face 245 دقائقSaturday, 10 October 2026 at 06:56

Business

Currency exchange rates

Bethlehem - Ofoq News - Currency exchange rates against the shekel, today, were as follows: Dollar: 3.06 Dinar: 4.32 Euro: 3.43

New Face 241 دقيقةSaturday, 10 October 2026 at 05:30

Business

Standard & Poor's affirmed Egypt's credit rating with a stable outlook

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New Face 242 دقائقFriday, 9 October 2026 at 21:41

Business

The National Insurance Company participates in the GAIF 2026 conference in the Dead Sea

Amman - Ofoq News - The National Insurance Company participated in the thirty-fifth general conference of the General Arab Insurance Federation (GAIF 2026), which was held at the King Hussein bin Talal Convention Center in the Dead Sea region of the Hashemite Kingdom of Jordan, during the period from 4 to 7 October 2026, under the slogan &laquo

New Face 241 دقيقةFriday, 9 October 2026 at 17:22

Business

Bloomberg: Saudi Aramco will supply full quantities of oil to its customers in Europe next month

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New Face 241 دقيقةFriday, 9 October 2026 at 16:58

Business

Air traffic at King Khalid International Airport in Riyadh returns to normal after two attacks

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New Face 241 دقيقةFriday, 9 October 2026 at 07:44

Business

119 projects were awarded in the contracting sector in Saudi Arabia within 9 months, worth $33 billion

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New Face 243 دقائقFriday, 9 October 2026 at 06:57

Business

A record number in the Saudi stock market.. Individual investment portfolios exceed 15 million

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New Face 242 دقائقFriday, 9 October 2026 at 06:44

Business

“Seer Motors” launches the first phase of its plan to build its store network in Saudi Arabia

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New Face 243 دقائقThursday, 8 October 2026 at 17:19

Business

“Economic Affairs”: The Saudi economy shows strength and flexibility in the face of regional and global developments

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New Face 244 دقائقThursday, 8 October 2026 at 16:42

Business

Syria returns to the global tourism map... Major hotels compete for investment opportunities

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New Face 244 دقائقThursday, 8 October 2026 at 14:44

Business

With more than $40 billion...a record jump in credit facilities from the Saudi Export Bank

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New Face 242 دقائقThursday, 8 October 2026 at 14:19

Business

Syria announces new measures to solve the illegal gasoline crisis

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New Face 242 دقائقThursday, 8 October 2026 at 13:24

Business

The price of gold in Egypt records a new loss

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New Face 242 دقائقThursday, 8 October 2026 at 12:31

Business

A Saudi-Emirati agreement to exchange and sell electricity and develop railway connectivity

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New Face 241 دقيقةThursday, 8 October 2026 at 12:24

Business

Navigation traffic in Hormuz drops to its lowest level in two months

Bethlehem - Ofoq News - Ship traffic through the Strait of Hormuz fell to its lowest level in more than two months, following an escalation in attacks on oil tankers, while an increase in exports through the Gulf of Oman and the Red Sea helped compensate for the decline in crude flows through the strait, according to data from Kpler Analytics. The company recorded the transit of only 7 cargo ships

New Face 241 دقيقةThursday, 8 October 2026 at 09:32

Business

Currency and metal prices

Bethlehem - Ofoq News - Currency exchange rates against the shekel, today, were as follows: Dollar - Buy 3.05 Sell: 3.09 dinars - Buy: 4.30 Sell: 4.38 Euros - Buy: 3.41 Sell: 3.46 Metals: Gold: Buy 4133 Sell 4134 Silver: Buy 60.00 Sell 60.10 To subscribe to the SMS service to obtain currency rates.

New Face 241 دقيقةThursday, 8 October 2026 at 05:43

Business

Syria Collaborates with France to Develop the Banking Sector

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New Face 242 minutesWednesday, 7 October 2026 at 16:50

Business

National Beverage Company Concludes 'Back to School 2026' Campaign by Distributing Over 5,500 School Bags

Ramallah - Afaq News - The National Beverage Company concluded the 'Back to School 2026' campaign, which the company implements annually in support of Palestinian students and families, by distributing over 5,500 school bags in cooperation with more than 95 associations and community organizations in various governorates of the West Bank. The campaign targeted students.

New Face 243 minutesWednesday, 7 October 2026 at 15:27

Business

National Insurance Leads Insurance Companies with Written Premiums of $33.58 Million Over 6 Months

Ramallah - Afaq News - Official data issued by the Capital Market Authority regarding the insurance portfolio showed that the total written premiums of insurance companies in Palestine reached approximately $243.2 million by the end of the first half of 2026. According to data surveyed by the 'Economic' website, the National Insurance Company topped the list.

New Face 242 minutesWednesday, 7 October 2026 at 13:52

Business

Expectations for the Gulf Aluminum Production Capacity to Return to 100% by Early 2027

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New Face 243 minutesWednesday, 7 October 2026 at 13:33

Business

Palestine Bank Launches Promotional Campaign Titled "Any Two Movements Win You" for Users of the Banking App

Ramallah - Ofoq News - Palestine Bank announced the launch of a new campaign through its banking app 'Bank-e', starting from 4/10/2026 until the end of 2026. The campaign aims to encourage Palestine Bank customers to use electronic payment, transfer, and settlement services through the 'Bank-e' app, facilitating their daily transactions easily and securely, with the chance to win weekly cash prizes.

New Face 241 minuteWednesday, 7 October 2026 at 08:50

Business

Syria Collaborates with Turkey to Develop the Gold Industry

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New Face 242 minutesWednesday, 7 October 2026 at 07:06

Business

"Saudi Fish" Studies Strategic Options for Business Continuity

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New Face 243 minutesWednesday, 7 October 2026 at 06:51

Business

Saudi Cement Companies' Sales Decline by 2.7% in 9 Months

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New Face 243 minutesWednesday, 7 October 2026 at 05:05

Business

"Aramco" contracts with "KBR" to upgrade facilities at the Marjan field in the Arabian Gulf

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New Face 242 minutesWednesday, 7 October 2026 at 04:10

Business

"Syrian Petroleum" expects to start constructing the oil pipeline from Iraq in the first quarter of 2027

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New Face 241 minuteTuesday, 6 October 2026 at 14:55

Business

"National Beverages" concludes the "Back to School 2026" campaign by distributing more than 5,500 school bags

Ramallah - Ofoq News - The National Beverages Company concluded the 'Back to School 2026' campaign, which the company implements annually in support of Palestinian students and families, by distributing more than 5,500 school bags in cooperation with more than 95 associations and community organizations in various governorates of the West Bank. The campaign targeted students.

New Face 243 minutesTuesday, 6 October 2026 at 11:25

Business

Palestinian Islamic Bank and Nablus Municipality Implement a Volunteer Day at the Childhood Happiness Park

Nablus - Afaq News - The Palestinian Islamic Bank, in partnership with the Nablus Municipality, organized a volunteer day at the Childhood Happiness Center affiliated with the municipality, as part of enhancing social responsibility and establishing a culture of volunteering and partnership in serving the city and its public facilities. The activity included painting walls, fences, and playground equipment, and trimming.

New Face 243 minutesTuesday, 6 October 2026 at 11:03

Business

The Oil Crisis Reveals a Parallel Economy and Corruption Networks in Iran

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New Face 249 minutesTuesday, 6 October 2026 at 08:32

Business

Awarding a Project Worth $8.93 Million to a Subsidiary of 'Refineries'

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New Face 241 minuteTuesday, 6 October 2026 at 08:03

Business

Saudi Civil Aviation: Jazan and Najran airports were subjected to two attacks targeting their facilities

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New Face 242 minutesTuesday, 6 October 2026 at 07:34

Business

"Al-Ramz for Real Estate" Signs Credit Facility Agreements Worth $106.7 Million with "Bank Albilad"

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New Face 241 minuteTuesday, 6 October 2026 at 07:00

Business

"The Central Bank" of Syria discusses developing banking relations with the U.S. Federal Reserve

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New Face 242 minutesTuesday, 6 October 2026 at 06:55

Business

Saudi "SRC" Company Signs Agreement to Purchase a Real Estate Financing Portfolio from "BSF"

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New Face 242 minutesTuesday, 6 October 2026 at 06:28

Business

Distributions Until 2030 and a New Strategy.. "Almarai" Announces Important Decisions for Shareholders

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New Face 243 minutesTuesday, 6 October 2026 at 05:41

Business

Currency and metal prices

Bethlehem - Ofoq News - Currency exchange rates against the shekel, today, were as follows: Dollar - Buy 3.04 Sell: 3.08 dinars - Buy: 4.28 Sell: 4.37 Euros - Buy: 3.41 Sell: 3.45 Metals: Gold: Buy 4121 Sell 4122 Silver: Buy 60.55 Sell 60.60 To subscribe to the SMS service to obtain exchange rates.

New Face 241 دقيقةTuesday, 6 October 2026 at 05:26

Business

Syria Signs Agreement with "Eagle Hills" to Develop Urban and Tourist Communities

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New Face 243 minutesMonday, 5 October 2026 at 15:52

Business

"Istital" platform presents 31 projects including "regulatory provisions for the profit discussion meeting"

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New Face 242 minutesMonday, 5 October 2026 at 15:25

Business

Bab al-Mandab Under the Control of Yemeni Government Forces.. What Does This Mean for Energy Markets?

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New Face 247 minutesMonday, 5 October 2026 at 10:47

Business

Gold, Oil, or Forex: Which Markets Are Attracting Traders' Attention Today?

Bethlehem - Afaq News - Financial markets in 2026 face several major influences, including geopolitical risks, fluctuations in energy prices, interest rate forecasts, and uneven economic growth. According to estimates from the International Monetary Fund, global GDP is expected to grow by 3.0% in 2026.

New Face 243 minutesMonday, 5 October 2026 at 10:29

Business

Kuwait Revokes Billionaire Mahmoud Haidar's Citizenship.. Who Is He and What Is the Size of His Investments?

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New Face 242 minutesMonday, 5 October 2026 at 10:21

Business

Egypt aims to attract 250,000 residents to the administrative capital by this date

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New Face 242 minutesMonday, 5 October 2026 at 10:10

Business

Mada Al-Arab Receives Chairman and CEO of the Telecommunications Regulatory Authority

Ramallah - Oqaf News - Mada Al-Arab Company, at its headquarters in Ramallah, received Mr. Faiz Al-Husseini, Chairman of the Telecommunications Regulatory Authority in Palestine, and Engineer Amjad Al-Asili, CEO of the Authority, where they were welcomed by Mr. Mohammed Al-Alami, Chairman of Mada Company, and members of the executive management.

New Face 242 minutesMonday, 5 October 2026 at 09:18

Business

The Price of the Dollar in Egypt Rises Again

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New Face 243 minutesMonday, 5 October 2026 at 07:49

Business

"Syrian Grains" plans to establish storage silos in the provinces in cooperation with a Turkish company

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New Face 242 minutesMonday, 5 October 2026 at 06:57

Business

India: Trade Negotiations with America Reach a Dead End

New Delhi - Afaaq News - Indian Finance Minister Nirmala Sitharaman announced that negotiations between India and the United States regarding a trade agreement have reached a dead end. Sitharaman explained that making concessions or demands beyond this point would be 'extremely difficult' for both countries. She added, 'It is possible, if there is a provision of...'

New Face 241 minuteMonday, 5 October 2026 at 05:43

Business

Currency and Metal Prices

Bethlehem - Afaq News - The exchange rates of currencies against the shekel today are as follows: Dollar - Buy: 3.04 Sell: 3.08 Dinar - Buy: 4.28 Sell: 4.37 Euro - Buy: 3.39 Sell: 3.43 Metals: Gold: Buy 4130 Sell 4135 Silver: Buy 52.20 Sell 52.40 To subscribe to the SMS service to receive price updates.

New Face 241 minuteMonday, 5 October 2026 at 05:17

Business

New Clarification in Egypt Regarding Fuel and Gasoline Price Increases

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New Face 243 minutesSunday, 4 October 2026 at 16:46

Business

Syria Presents Investment Opportunities in the Oil Sector During the Energy Forum in London

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New Face 241 minuteSunday, 4 October 2026 at 11:29

Business

Cautious Fluctuations of the Dollar Price in Egypt

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New Face 243 minutesSunday, 4 October 2026 at 08:00

Business

Construction Industries Exhibition at Hebron Expo.. An Economic Sector Facing Declining Demand and Market Challenges

Hebron - Afaq News - The Construction Industries Exhibition 2026 was inaugurated in the city of Hebron, in its fifth edition, with the participation of dozens of Palestinian companies operating in various sectors of construction industries, in an event that brought together manufacturers, contractors, engineers, and specialists, in the presence of Prime Minister Dr. Mohammad Mustafa and a number of ministers and official and public figures.

New Face 244 minutesSunday, 4 October 2026 at 07:46

Business

Syria Collaborates with "MasterCard" to Develop Digital Payment System

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New Face 242 minutesSunday, 4 October 2026 at 06:59

Business

Currency and Metal Prices

Bethlehem - Afaq News - The exchange rates of currencies against the shekel today are as follows: Dollar - Buy: 3.03 Sell: 3.08 Dinar - Buy: 4.27 Sell: 4.37 Euro - Buy: 3.40 Sell: 3.47 Metals: Gold: Buy 4142 Sell 4143 Silver: Buy 60.39 Sell 60.44 To subscribe to the SMS service to receive prices...

New Face 241 minuteSunday, 4 October 2026 at 05:32

Business

Despite Interest Rate Freeze.. Egyptian Banks Raise Savings Certificate Yields and Launch New Products

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New Face 244 minutesSunday, 4 October 2026 at 04:35

Business

Led by Individuals.. Saudis Inject $1.16 Billion into the Stock Market in September

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New Face 243 minutesFriday, 2 October 2026 at 07:44

Business

Egypt Launches Fund for Restructuring Distressed Factories with a Capital of $19.2 Million

The Governor of the Central Bank of Egypt, Hassan Abdallah, and the Minister of Industry, Khaled Hashem, announced the launch of the "Fund for Restructuring Distressed Factories," with a total capital of $19.2 million (1 billion Egyptian pounds), according to a statement issued by the Egyptian Cabinet today, Thursday.

New Face 242 minutesThursday, 1 October 2026 at 16:34

Business

Morocco's Trade Deficit Widens by 25% in 8 Months

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New Face 242 minutesThursday, 1 October 2026 at 15:49

Business

Georgieva to Arabic: Iran's War Redraws the Map of the Gulf Economy.. and Oil Remains High in 2027

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New Face 244 minutesThursday, 1 October 2026 at 14:50

Business

Signing of the Algeria Declaration to Transport 4 Million Tons of Green Hydrogen Annually to Europe

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New Face 242 minutesThursday, 1 October 2026 at 13:10

Business

New Jump in Fuel Prices in Morocco.. Diesel Exceeds $1.6 per Liter

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New Face 242 minutesThursday, 1 October 2026 at 12:11

Business

Egypt aims to increase agricultural land to 11 million feddans

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New Face 241 minuteThursday, 1 October 2026 at 10:00

Business

The Investment Fund and the European Union Open Applications for the Al-Quds Small Projects Grant Program

Jerusalem - Afaq News - The Palestinian Investment Fund and the European Union announced the opening of applications for Jerusalem-based projects and civil society institutions wishing to benefit from the fourth phase grants of the 'Al-Quds Program', a developmental initiative implemented through 'Station J' as a responsible Jerusalem partner for monitoring implementation and reaching beneficiaries and providing technical and operational support.

New Face 243 minutesThursday, 1 October 2026 at 09:28

Business

Mada launches an exceptional campaign for Fiber services with monthly subscription fees starting from 15 shekels

New Face 242 دقائقThursday, 1 October 2026 at 09:23

Business

United Securities Wins Best Financial Broker in Palestine for the Third Consecutive Year

Abu Dhabi - Afaq News - In an achievement that reflects its continued presence at the forefront of the Palestinian financial brokerage sector, United Securities has won the award for Best Financial Broker in the State of Palestine for the year 2025, presented by the Arab Capital Markets Union, for the third consecutive year. This recognition comes after the performance that has

New Face 242 minutesThursday, 1 October 2026 at 09:20

Business

The Price of the Dollar in Egypt Records a Significant Jump

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New Face 243 minutesThursday, 1 October 2026 at 08:22

Business

"Saudi Trading" Announces Update to the Main Market and "Nomu" Order Execution Mechanism

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New Face 242 minutesThursday, 1 October 2026 at 07:07

Business

Saudi Minister of Housing to Al Arabiya: The real estate market in Riyadh is no longer subject to speculation

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New Face 241 دقيقةThursday, 1 October 2026 at 06:40

Business

Currency and Metal Prices

Bethlehem - Afaq News - The exchange rates of currencies against the shekel today are as follows: Dollar - Buy 3.06 Sell: 3.10 Dinar - Buy: 4.31 Sell: 4.40 Euro - Buy: 3.46 Sell: 3.50 Metals: Gold: Buy 4180 Sell 4185 Silver: Buy 61.20 Sell 61.30 To subscribe to the SMS service to receive prices.

New Face 241 minuteThursday, 1 October 2026 at 05:38

Business

3 Acres Could Yield One Million Pounds Annually.. The Secret of "Green Gold" in Egypt

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New Face 244 minutesThursday, 1 October 2026 at 05:23

Business

Saudi Banks' Profits Rise 3.88% in August to $2.4 Billion

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New Face 242 minutesThursday, 1 October 2026 at 04:45

Business

Hot Money Flows in Egypt Reach $702 Million in September

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New Face 242 minutesWednesday, 30 September 2026 at 17:09

Business

Moroccan Economic Growth Slows to 4% in the Second Quarter

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New Face 241 minuteWednesday, 30 September 2026 at 17:01

Business

Fuel, Salaries, and Services: Details of Government Spending Rationalization Measures in Syria

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New Face 243 minutesWednesday, 30 September 2026 at 16:08

Business

Saudi Budget 2027.. $371.2 Billion for Expenditure and $320.5 Billion for Revenues

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New Face 246 minutesWednesday, 30 September 2026 at 16:01

Business

Morocco Receives $307.8 Million from the African Development Bank

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New Face 242 minutesWednesday, 30 September 2026 at 13:17

Business

Significant Loss in Gold Prices in Egypt

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New Face 242 minutesWednesday, 30 September 2026 at 12:37

Business

New Agreement in Egypt to Settle Historical Debt Worth $1.97 Billion

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New Face 242 minutesWednesday, 30 September 2026 at 11:35

Business

Has Iran Lost the Hormuz Card? .. Gulf Tankers Innovate a New Way to Keep Oil Flowing

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New Face 244 minutesWednesday, 30 September 2026 at 10:06

Business

The Price of the Dollar in Egypt Declines After Record Jumps

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New Face 243 minutesWednesday, 30 September 2026 at 08:07

Business

50 Million Cubic Meters of Rubble Shape the Features of Reconstruction in Syria

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New Face 244 minutesWednesday, 30 September 2026 at 07:01

Business

Statistics: West Bank Economy Shrinks by 4% and GDP Declines

Ramallah - Ofoq News - The Palestinian Central Bureau of Statistics announced today the main results of the quarterly national accounts for the second quarter of 2026, indicating a decrease in the gross domestic product by 1% compared to the same period in 2025, due to the ongoing economic repercussions of the Israeli occupation aggression.

New Face 242 minutesWednesday, 30 September 2026 at 06:11

Business

Currency and Metal Prices

Bethlehem - Afaq News - The exchange rates of currencies against the shekel today are as follows: Dollar - Buy 3.06 Sell: 3.09 Dinar - Buy: 4.30 Sell: 4.38 Euro - Buy: 3.46 Sell: 3.50 Metals: Gold: Buy 4177 Sell 4178 Silver: Buy 61.10 Sell 61.15 To subscribe to the SMS service to receive prices...

New Face 241 minuteWednesday, 30 September 2026 at 06:05

Business

Al-Quds University Concludes Reception of New Students for the Academic Year 2026/2027

Jerusalem - Afaq News - Al-Quds University concluded its program for welcoming new students for the academic year 2026/2027, organized by the Deanship of Student Affairs over three days under the slogan 'In Jerusalem.. Your Impact is Made', with the participation of students from various university faculties, aimed at introducing them to their university and its academic and student environment, and the services and opportunities it provides during their university journey.

New Face 243 minutesTuesday, 29 September 2026 at 16:46

Business

Al-Quds University Concludes Reception of New Students for the Academic Year 2026/2027

Jerusalem - Afaq News - Al-Quds University concluded its program for welcoming new students for the academic year 2026/2027, which was organized by the Deanship of Student Affairs over three days under the slogan 'In Jerusalem.. Your Impact is Made', with the participation of students from various university faculties, aimed at introducing them to their university and its academic and student environment, and what it offers.

New Face 243 minutesTuesday, 29 September 2026 at 16:46

Business

Decline in Oil Prices

Washington - Afaq News - Oil prices declined today, Tuesday, as investors focused on ongoing concerns about supply disruptions from the Middle East due to the American-Israeli war on Iran, amid signs of recovery in crude exports from the region. Brent crude futures fell by $1.96 or 1.86%.

New Face 241 minuteTuesday, 29 September 2026 at 16:24

Business

New Rise in the Dollar Price in Egypt.. Will It Regain Its Record Levels?

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New Face 243 minutesTuesday, 29 September 2026 at 07:59

Business

Israel: Gasoline Soars to Record Level of 8.27 Shekels per Liter

Tel Aviv - Afaq News - Fuel prices in Israel are rising again, reaching a new record level, as the price of a liter of 95 octane gasoline will reach 8.27 shekels, an increase of 52 agorot compared to the current price. The Director of Fuel and Gas at the Israeli Ministry of Energy and Infrastructure announced today, Tuesday, that the increase...

New Face 241 minuteTuesday, 29 September 2026 at 06:43

Business

Currency Exchange Rates

Bethlehem - Afaq News - The currency exchange rates against the shekel today are as follows: Dollar - Buy: 3.06 Sell: 3.10 Dinar - Buy: 4.32 Sell: 4.40 Euro - Buy: 3.48 Sell: 3.52 Metals: Gold: Buy 4127 Sell 4128 Silver: Buy 60.60 Sell 61.65 To subscribe to the SMS service to receive prices.

New Face 241 minuteTuesday, 29 September 2026 at 05:59

Business

Khanfar: The New Facilities with Jordan Support Palestinian Trade, Exports, and Industry

Ramallah - Afaq News - The Secretary-General of the Palestinian Federation of Industries, Mahdi Khanfar, valued the new facilities that have been witnessed in the movement of goods and travelers between Palestine and Jordan, considering them an important step in light of the difficult economic conditions facing the Palestinian economy. Khanfar praised the supportive Jordanian positions.

New Face 242 minutesMonday, 28 September 2026 at 14:16

Business

The Syrian Presidency Directs to Rationalize Public Spending and Reorder Project Priorities

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New Face 242 minutesMonday, 28 September 2026 at 13:05

Business

"JustMarkets" Wins Best Broker Award in the Middle East and North Africa for 2026

Dubai - Ufuk News - 'JustMarkets', an international multi-asset brokerage firm, has won the Best Broker award in the Middle East and North Africa for 2026 at the Forex Expo Dubai 2026, one of the leading exhibitions that brings together representatives from the fields of online trading, financial technology, and investment in the region.

New Face 243 minutesMonday, 28 September 2026 at 10:35

Business

Oil Rises by More Than 1% After Trump Rejects Iranian Proposal

Bethlehem - Afaq News - Oil prices rose by more than 1% on Monday, driven by ongoing tensions in the Middle East following U.S. President Donald Trump's rejection of an Iranian proposal to end the conflict and reopen the Strait of Hormuz. Brent crude rose to $105.64 per barrel, while West Texas Intermediate reached $93.11.

New Face 241 minuteMonday, 28 September 2026 at 09:58

Business

Statistics: Sharp Rise in Producer Prices Last Month

Ramallah - Afaq News - The Central Bureau of Statistics stated that the general producer price index recorded a sharp increase of 13.82% during August 2026 compared to July, reaching 216.43 compared to 190.15, based on the year 2019. The 'Statistics' office clarified in a statement issued in this regard today, Monday, that

New Face 242 minutesMonday, 28 September 2026 at 07:42

Business

Malaysia Recognizes Palestinian Halal Certificates and Opens Avenues for National Exports

Ramallah - Afaq News - The Palestinian Standards and Metrology Organization announced that it has received official recognition from the Malaysian Islamic Development Department (JAKIM) as a recognized foreign entity for issuing halal certificates in Palestine, in a step aimed at supporting the national industry and economy and opening new markets for Palestinian products.

New Face 243 minutesMonday, 28 September 2026 at 05:53

Business

Currency and Metal Prices

Bethlehem - Afaq News - The exchange rates of currencies against the shekel today are as follows: Dollar - Buy: 3.04 Sell: 3.08 Dinar - Buy: 4.28 Sell: 4.37 Euro - Buy: 3.46 Sell: 3.50 Metals: Gold - Buy: 4195 Sell: 4199 Silver - Buy: 60.90 Sell: 61.10 To subscribe to the SMS service to receive prices.

New Face 241 minuteMonday, 28 September 2026 at 05:21

Business

Bicent: Iran is nearing the loss of its negotiating cards.. "It will have nothing left" in two weeks

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New Face 243 minutesMonday, 28 September 2026 at 05:07

Business

Syria Anticipates Foreign Investments Exceeding One Billion Dollars to Establish New Banks

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New Face 244 minutesSunday, 27 September 2026 at 09:44

Business

"Syrian Petroleum" Resolves Controversy Over Embezzlement of Large Sums of Money

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New Face 242 minutesSunday, 27 September 2026 at 07:17

Business

The Palestinian Payment Services Company Signs a Memorandum of Understanding with the Jordanian Fintech Academy to Enhance Cooperation

Amman - Afaq News - Under the patronage of the Governor of the Central Bank of Jordan, Dr. Adel Sharkas, and in the presence of the Deputy Governor of the Central Bank of Jordan, Dr. Khaldoun Washah, the Palestinian Payment Services Company (PPSC) signed a memorandum of understanding with the Jordanian Fintech Academy - Institute of Banking Studies, aimed at enhancing joint cooperation in the fields of financial technology, innovation, capacity building, and the development of professional competencies in the payment and digital financial services sector.

New Face 242 minutesSaturday, 26 September 2026 at 09:45

Business

Launch of the "Afaq Economic News" Platform in Arabic

Dubai, United Arab Emirates - The "Afaq Economic News" platform Afaq News Business Arabic was launched on January 15, 2023, managed by the International Media Investments (IMI) and in partnership with the commercial division of the Afaq News Global Network (CNNIC), as a digital business platform providing news, facts, and analyses.

New Face 241 minuteTuesday, 17 January 2023 at 12:37

Business

Apple CEO Agrees to 40% Pay Cut After Shareholder Revolt.. What is His Salary?

Dubai, United Arab Emirates - Tim Cook, the CEO of Apple, the largest technology company in the world, has agreed to a 40% pay cut following a shareholder revolt. Apple stated in a statement that it will reduce the targeted salary package for its CEO to $49 million, which is 40% less than his targeted pay in 2022 and about half of what Cook received last year from total base salary, stock grants, and incentives, which amounted to $99.4 million.

New Face 242 minutesFriday, 13 January 2023 at 23:42

Business

After China.. "Tesla" Reduces Prices of Its Cars in the United States and Europe

Dubai, United Arab Emirates - Tesla has reduced the prices of its electric cars in the United States and Europe by up to 20%, to expand its aggressive discount strategy, after falling short of Wall Street's delivery estimates in 2022. This move resulted in a 4% drop in Tesla's shares before market trading began.

New Face 243 minutesFriday, 13 January 2023 at 20:49

Business

Egypt.. Significant Increases in Prices of Goods, Cars, and Building Materials with the Decline of the Pound Against the Dollar

Dubai, United Arab Emirates - The prices of basic goods, building materials, and cars in Egypt have risen due to the decline in the value of the pound against the dollar, with the price of a ton of steel increasing by 2500 pounds ($84.61), and cement by 100 pounds ($3.38). The percentage increase in car prices varied among different models, amid a shortage of basic goods.

New Face 246 minutesThursday, 12 January 2023 at 23:19

Business

A crisis in food products in Egypt... record prices for poultry, a shortage of oil, and boycott campaigns

Cairo, Egypt - The food products market in Egypt witnessed a significant rise in poultry prices, with the price of a kilo exceeding 60 pounds ($2.02) per consumer, for the first time in history, as a result of the significant increase in feed prices, according to breeders, and the volume of oil supply in commercial chains and stores decreased significantly. In response to

New Face 244 دقائقThursday, 12 January 2023 at 08:28

Business

The pound continues its downward journey against the dollar... and records a record level after the IMF agreement

Dubai, United Arab Emirates - The price of the Egyptian pound fell against the dollar by 7.7% during trading on Wednesday, with the green currency recording 29.63 pounds for purchase, and 29.76 pounds for sale at the Central Bank - to record a new record level - and for the pound to continue its decline against the dollar by more than 100% since the decision to reduce...

New Face 244 دقائقWednesday, 11 January 2023 at 19:09

Business

M&M's Company Makes Changes to Its Candy Product Packaging and Sparks Cultural Controversy

New York, USA - M&M'S candy manufacturer issued a statement with its latest candy package, which features a complete set of female characters - including Purple, representing its latest addition, putting the company once again in the midst of the cultural wars. Mars candy company announced that the limited edition all-female package will only include the colors: purple, brown, and green, of the female characters, which are turned upside down on the package "to celebrate the women who are turning the status quo upside down everywhere," and the new candy packages are currently on sale.

New Face 243 minutesWednesday, 11 January 2023 at 11:58

Business

Egypt.. The government postpones "Dollar Projects" to rationalize public spending

Dubai, United Arab Emirates - Egyptian Prime Minister Mustafa Madbouly issued a package of decisions to "rationalize public spending" and postpone "dollar projects" at a time when the country is facing a significant shortage of foreign currency reserves. According to a government statement on Monday, Madbouly's decisions included postponing the implementation of any new projects that have not yet been started with a "clear dollar component."

New Face 241 minuteMonday, 9 January 2023 at 22:57

Business

These Cities Are Crowded with Millionaires.. Here Are the Top 10 Cities by Number of Millionaires

Dubai, United Arab Emirates - The global citizenship and residence consulting firm "Henley & Partners" has revealed a report highlighting high net worth population data in the wealthiest cities in the world during the third quarter of 2022. The analysis included over 150 cities across five regions worldwide.

New Face 242 minutesMonday, 9 January 2023 at 14:22

Business

Suez Canal: Sudden Technical Malfunction in the "Glory" Ship's Engines.. Towed to the "Balah" Area for Repairs

Dubai, United Arab Emirates - After reports of the "Glory" ship running aground in the Suez Canal in Egypt on Monday, the Suez Canal Authority clarified that the ship's engines experienced a sudden technical malfunction, prompting the authority's tugboats to tow it to the "Balah" area for repairs. The head of the Suez Canal Authority, Lieutenant General Osama Rabie, stated

New Face 241 minuteMonday, 9 January 2023 at 12:27

Business

A startup company in Abu Dhabi plans to send quinoa seeds into space.. Why?

Dubai, United Arab Emirates - The climate crisis has greatly affected the cultivation of many food crops, causing some scientists and entrepreneurs to look for solutions outside our planet. Abu Dhabi startup StarLab Oasis, an extension of a Texas company called Nanoracks, wants to grow seeds in space.

New Face 244 دقائقSunday, 8 January 2023 at 13:10

Business

Does Saudi Arabia Allow the Sale of Alcohol in Duty-Free Shops at Customs Ports?

Dubai, United Arab Emirates - The Saudi Authority for Zakat and Tax responded on Friday to questions about whether the sale of alcoholic beverages would be permitted in duty-free shops at customs ports in the Kingdom, confirming that "it is not allowed to sell them." The Authority stated via its Twitter account,

New Face 242 minutesFriday, 6 January 2023 at 20:47

Business

Dubbed the 'Spotify of the Middle East'.. What is the next step for 'Anghami'?

Dubai, United Arab Emirates - The platform 'Anghami' describes itself as the largest music streaming app in the Middle East and North Africa. It has quickly been dubbed the 'Spotify of the Middle East'.

New Face 243 minutesFriday, 6 January 2023 at 12:56

Business

Summoning of Saudi Public Investment Fund Chairman Yasir Al-Rumayyan in Musk's 'Secured Funding' Tweet Case

New York, USA - Elon Musk's legal team has summoned Yasir Al-Rumayyan, the Chairman of the Public Investment Fund of Saudi Arabia, as part of the litigation regarding the tweet from the Tesla CEO in 2018 in which he stated that he was considering taking the car company private and that he had secured funding.

New Face 242 minutesFriday, 6 January 2023 at 11:14

Business

The dollar exceeds 27 pounds.. The decline of the Egyptian currency reflects on the stock market

Cairo, Egypt - The price of the Egyptian pound continued to decline against the US dollar and foreign currencies on Thursday, as the price of the dollar reached 27.07 pounds for purchase and 27.16 pounds for sale according to data from the Central Bank of Egypt. Experts attributed the reasons for the pound's decline again to the Central Bank adopting a sustainable flexible exchange rate system, in accordance with

New Face 244 minutesThursday, 5 January 2023 at 18:42

Business

Amazon Plans to Lay Off More Than 18,000 Employees

- Amazon's CEO Andy Jassy announced on Thursday the plan to lay off more than 18,000 employees in several departments, including retail and human resources. Jassy stated in a statement that "companies that last for a long time go through different phases."

New Face 241 minuteThursday, 5 January 2023 at 06:38

Business

A leak in the Nord Stream lines after “unprecedented” damage.. and Russia: its sabotage is possible

MOSCOW, Russia - Nord Stream AG, operator of the Nord Stream 1 pipeline from Russia to Germany, said the pipeline system under the Baltic Sea suffered "unprecedented" damage in a single day, according to Reuters. Reuters quoted the company as saying, “The destruction that occurred on the same day simultaneously on three series of lines A

New Face 242 دقائقTuesday, 27 September 2022 at 17:46