Economy

The US House of Representatives on Wednesday narrowly approved a bill to raise the government's $31.4 trillion debt ceiling, including sweeping spending cuts over the next 10 years. The bill...

Given the concerns of many countries over America's hegemony over the global financial system and its ability to use the dollar as a weapon against them, various parties have resorted...

The major US banks were able to weather the storm that shook the banking sector violently last March, as the quarterly results showed unexpected profits despite the rise in interest...

  The price of the leading cryptocurrency "Bitcoin" crossed the $30,000 mark for the first time in ten months in morning trading on Tuesday, amid calming fears of the US...

The National Oil Company in Libya announced on Saturday the re-drilling of a gas well operated by Mellitah Oil and Gas Company on the Sabratha platform in the Mediterranean. The...

  The World Bank had expected the growth of the Middle East and North African economies to slow to 3 percent in 2023, compared to 5.8 percent in 2022.  ...