Washington – Palestine today OPEC Secretary General Mohamed Barkindo said on Monday that the oil market was close to reaching balance thanks to a gradual increase in crude demand, two…

Washington – Palestine today The International Monetary Fund has revised down its growth forecasts for the Middle East and North Africa region, again amid an unprecedentedly high level of uncertainty,…

The CEO of Saudi Aramco, Eng. Amin Al-Nasser, stated that the demand for oil is going to recover, recognizing that the oil industry faced one of the most difficult challenges…

Tehran – Palestine today The Iranian rial fell to an all-time low against the U.S. dollar on the unofficial market Monday, according to a foreign exchange website, as the economic…

Washington – Palestine today The International Monetary Fund has praised the speed of steps taken by the United Arab Emirates to contain the consequences of the global health pandemic caused…

Riyadh – Palestine today On Wednesday, the process of choosing the new Director General of the World Trade Organization will begin, from among 8 candidates who submitted nominations for the…

Washington – Palestine today Oil prices rose on Tuesday as OPEC and its allies cut production more than they agreed in June, despite concerns about demand with rising Covid-19 infections…

The chief economist of the United Nations Trade and Development Organization (UNCTAD), the Egyptian expert Mahmoud Al-Hafif, believed that the economic crisis resulting from the outbreak of the corona virus,…

Riyadh – Palestine today The Saudi Minister of Energy, Prince Abdulaziz bin Salman, said that OPEC+ is moving towards the next stage of the oil production cut agreement, as the…

Beijing – Palestine today The head of China’s central bank, Yi Gang, urged the International Monetary Fund to provide hundreds of billions of dollars in liquidity to member countries through…