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Brent crude futures dropped 0.7 percent, or 53 cents, to $77.13 per barrel
The MoU secures a long-term supply of renewable energy from a large onshore wind project in Ras Ghareb, Egypt
The move is a step towards a mandatory market, requiring carbon reduction projects and emissions calculations
Among the top-ranking GCC cities were Kuwait City, Doha and Bahrain in the 3rd, 4th and 5th places, respectively
The country’s annual urban consumer price inflation slid to 25.7 percent in July from 26.5 percent in June
Before the March reforms, the pound was officially pegged at 30.85 to the U.S. dollar, but traded as low as 74 on the black market
Expenditure amounted to $61.25 billion, with a budget deficit of 3.6 percent
The G20 DRRWG meeting focused on the critical importance of financing for resilient infrastructure and early disaster risk warnings
The decision follows a positive economic assessment since the program's launch in December 2022
In 2023, the two nations had $1.3 billion in non-oil trade, a 30 percent increase from 2022 and 83 percent more than in 2019
The country’s growth is projected at 4 percent for FY 2024/2025
Chamber supported the expansion of 34 local companies into new global markets through its international offices
