EBRD supports Dislog Group’s growth strategy in Morocco
The European Bank for Reconstruction and Development (EBRD) is supporting Dislog Group in Morocco with a US$ 25 million (MAD equivalent) equity investment. Founded in 2005, Dislog…
Tag: BUSINESS
Gold Falls as Positive US-China Tariff Talks
Gold slipped on Monday as positive US-China trade talks alleviated market fears, leading investors to shift from safe-haven assets towards riskier investments. Spot gold fell…
US and China agree to slash tariffs for 90 days
The US and China have agreed a deal that will significantly cut the import tariffs, or taxes, both sides have imposed on one another for…
Saudi Chambers Federation Organizes Saudi-Egyptian Business Forum
The Federation of Saudi Chambers and Egypt’s General Authority for Investment and Free Zones (GAFI) on Monday held the Saudi-Egyptian Business Forum in Cairo with…
Beijing accuses USA of ‘misleading the public’ about trade talks
BEIJING – China’s foreign ministry urged Washington on Friday to stop “misleading the public” on bilateral tariff negotiations, and said it wasn’t familiar with reports…
China Denies It Is Currently in Talks with Washington over Tariffs
Beijing on Thursday denied it has held trade talks with Washington despite repeated comments from the US government suggesting there had been engagement. “There is…
China’s President Xi Says Tariffs and Trade Wars Hurt World Economic Order
Chinese President Xi Jinping said on Wednesday that tariff and trade wars undermine the legitimate rights and interests of all countries, hurt the multilateral trading…
Saudi Mineral Resources Minister, US Energy Secretary Discuss Cooperation
Saudi Minister of Industry and Mineral Resources Bandar Alkhorayef held official talks on Sunday with US Secretary of Energy Chris Wright as part of his…
Chinese President: Protectionism ‘Leads Nowhere’
Chinese President Xi Jinping said on Monday that protectionism “leads nowhere” and that a trade war would have “no winners,” state media said, as he…
Asia Shares Jump after US Stocks Soared as Trump Paused Most of His Tariffs
World markets soared on Thursday, with Japan’s benchmark jumping more than 9%, as investors welcomed US President Donald Trump’s decision to put his sharp tariff…