economy
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Al-Falih: Saudi Arabia's GDP is expected to reach 4.7 trillion riyals in 2024
Saudi Arabia's investment minister, Khalid al-Falih, revealed that the Kingdom's GDP has doubled to reach 4.7 trillion riyals, with expectations of attracting investments…
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US gas prices jump 20% to their highest level since 2022
Natural gas prices in America surged 20%, surpassing $6, due to a winter storm that disrupted 10% of production and caused…
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Copper prices stabilize, while tin prices retreat from a historic high
Copper prices stabilized on the London Metal Exchange, supported by a weaker dollar, while tin prices retreated after hitting record highs amid shortage concerns
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The rise of the dollar against the Iraqi dinar: parallel and official rates
The price of the dollar against the Iraqi dinar reached a record high in the parallel market, exceeding 151,000 dinars, amid government measures to control prices and stabilize the currency
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Strict European sanctions on Russian gas: fines of 300% by 2027
The European Union has approved hefty fines for purchasing Russian gas, starting in 2027, reaching up to 300% of the deal's value. Learn more…
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Al-Falih: Real estate contributes 13% of Saudi Arabia's GDP
Minister of Investment Khalid Al-Falih confirmed that the real estate and construction sector contributed 13% to Saudi Arabia's GDP, noting the growth in investments…
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Gold breaks the $5,000 barrier: a historic jump and predictions for 2025
Gold prices surged to a historic high, surpassing $5,000 per ounce in 2025, amid geopolitical tensions between the US and NATO. Learn why…
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Canada responds to Trump's threats and reaffirms its commitment to the trade agreement
Canada reaffirms its commitment to the USMCA and responds to Trump's threats of 100% tariffs over China. Details of the trade crisis and the status of electric vehicles.
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India cuts tariffs on European cars by 40% in a historic agreement
India plans to reduce tariffs on European cars from 110% to 40% under a forthcoming free trade agreement, opening up a third…
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The truth about moving the World Economic Forum from Davos: Official response and details for 2026
Andre Hoffmann denied rumors of the World Economic Forum being moved from Davos following Larry Fink's comments. Learn about the historical background and meeting agenda…
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