Economy

Comprehensive coverage of market news, finance, business, and economic development.

The President of China Calls on BRICS Countries to Confront "All Forms of Protectionism"

Chinese President Xi Jinping called for "supporting the multilateral trading system and its core, the World Trade Organization, and confronting all forms of protectionism."

#Top News

Gold Hits New Record Level Exceeding $3600 an Ounce

about 2 hours ago

Diana Barkat

Gold Hits New Record Level Exceeding $3600 an Ounce

Gold prices recorded an unprecedented record level on Monday, September 8, exceeding the $3600 per ounce barrier, supported by weak U.S. labor market data that boosted expectations for a Federal Reserve interest rate cut.

#Economy

The Recovery of Oil Prices Supported by Limited Increase in "OPEC+" Production and Geopolitical Concerns

about 3 hours ago

Diana Barkat

The Recovery of Oil Prices Supported by Limited Increase in "OPEC+" Production and Geopolitical Concerns

Oil prices rose at settlement on Monday, September 8, partially recovering from last week's losses, supported by two main factors: the first is the consideration that the increase in production by the "OPEC+" alliance is "modest", and the second is concerns about the imposition of further sanctions.

#Economy

Abdul Qadir Hasriya: Removing two zeros from the Syrian currency is a reform step that does not affect its real value

about 6 hours ago

Mahmoud Khalaf

Abdul Qadir Hasriya: Removing two zeros from the Syrian currency is a reform step that does not affect its real value

Dr. Abdul Qadir Hasriya, the governor of the Central Bank of Syria, confirmed today, Monday, that the Syrian market is currently witnessing the circulation of more than 14 billion coins, indicating that the bank is preparing to launch comprehensive awareness campaigns to explain the details of the new national currency and the mechanism for removing two zeros from it, as part of a monetary reform plan aimed at simplifying transactions and enhancing confidence in the Syrian pound.

#Syria news

Safwat Raslan: $64 million in donations to the Syrian Development Fund so far

about 6 hours ago

Mahmoud Khalaf

Safwat Raslan: $64 million in donations to the Syrian Development Fund so far

Director of the Syrian Development Fund, Mr. Safwat Raslan, revealed that the actual donations received by the fund amounted to 64 million US dollars, noting that these amounts were received in cash or through electronic accounts and bank transfers, which differ from the amounts of pledges made by those wishing to donate.

#Top News

Syria and Qatar discuss enhancing cooperation in the oil and gas sectors

about 7 hours ago

Mahmoud Khalaf

Syria and Qatar discuss enhancing cooperation in the oil and gas sectors

Syrian Minister of Energy Engineer Mohammad Al-Bashir discussed today, Monday, in the Qatari capital Doha with Qatari Minister of State for Energy Engineer Saad bin Sherida Al-Kaabi, ways to expand bilateral cooperation in the fields of energy, particularly in the oil and gas sectors, within the framework of the growing relations between the two countries.

#Oil

"OPEC+" adjusts oil production in October and adds 137,000 barrels per day

1 day ago⭐

Lubna Nissani

"OPEC+" adjusts oil production in October and adds 137,000 barrels per day

The "OPEC+" group announced today, Sunday, an adjustment to oil production for the upcoming month of October with an increase of 137,000 barrels per day.

14 billion dollars in international investments in Syria as part of a new economic map

The head of the Syrian economists, Mohammad Al-Bakour, confirmed that Syria is steadily moving towards building a new economic map based on investment in vital sectors such as industry, energy, transportation, and tourism, with a focus on infrastructure projects and public facilities, reflecting the country's direction towards sustainable development.

Saudi Arabia Launches Humanitarian Projects in Damascus to Support Health and Food Security

The Syrian capital, Damascus, witnessed today, Sunday, the launch of a series of humanitarian projects provided by the King Salman Center for Relief and Humanitarian Works, with the presence of a delegation from the Damascus Governorate and several official figures.

#Personal Development

343

Deputy Governor of Daraa: The Development Fund is the First Seed for Rebuilding the Governorate

2 days ago

Mahmoud Khalaf

Deputy Governor of Daraa: The Development Fund is the First Seed for Rebuilding the Governorate

The Deputy Governor of Daraa, Mohannad Al-Jahmani, confirmed today, Saturday, that the Development Fund represents the fundamental starting point for the reconstruction of the governorate, which has suffered extensive destruction on various levels, noting that Daraa is in urgent need of comprehensive support in all vital sectors.

Damascus International Fair concludes its 62nd session with great success: More than two million visitors and dozens of investment agreements

The events of the 62nd session of the Damascus International Fair concluded amidst a festive atmosphere and unprecedented public interaction, where the number of visitors exceeded two million, a clear indication of the great success of this major economic and cultural event in Syria and the region.

Arrival of the Second Shipment of Russian LNG Subject to US Sanctions to China

The liquefied natural gas tanker "Voskod" arrived at the Beihai import terminal in southern China on Saturday, marking the second import of its kind from the Russian "LNG 2" plant in the Arctic.

Robinhood (HOOD) stock jumps after announcement of joining the S&P 500 index despite economic pressures

Robinhood (HOOD) stock rose after the announcement of its inclusion in the S&P 500 starting September 22, 2025, amid economic pressures and changes in financial institutions' investments. Learn about the details and forecasts.

Putin: Economic cooperation with Washington in Alaska "depends on a political decision" from the United States

During his speech at the economic forum in Vladivostok, Russian President Vladimir Putin confirmed his country's openness to economic cooperation with the United States in the energy sector in Alaska

Oil prices decline for the third consecutive session heading towards the first weekly loss

Global oil markets witnessed a decline for the third consecutive session on Friday, September 5, heading towards recording the first weekly loss in three weeks, amid rising fears of a global supply glut.

Sharp Rise in Gold Prices Heading for Best Weekly Performance in Three Months

Gold prices saw a significant increase on Friday, September 5, heading towards the strongest weekly gains in nearly three months, supported by strong expectations regarding a cut in U.S. interest rates this month.

Trump Administration Urges Supreme Court to Expedite Ruling on Challenge to Tariff Repeal

In a new development regarding the tariffs imposed by the United States, President Donald Trump's administration requested the U.S. Supreme Court to rule "urgently" on the appeal against a lower court ruling.

Oil Continues to Decline as OPEC+ Considers Increasing Production

Global oil markets witnessed a decline today, Thursday, September 4, for the second consecutive session, amid a state of anticipation among investors for the upcoming meeting of the OPEC+ alliance scheduled for early next week.

Slight Decline in Gold Prices After Hitting Record Levels

Gold prices experienced a slight decline during trading on Thursday, September 4, affected by profit-taking after the precious metal hit new record levels in the previous session.

Sharp decline in oil prices exceeds 2% ahead of crucial OPEC+ meeting

Oil prices experienced a sharp decline on Wednesday, September 3, as they fell by more than 2% at settlement, influenced by expectations that the "OPEC+" alliance would discuss a new increase in production during its scheduled meeting next week.

#Economic news

674

...