Economy

Saudi Arabia Tightens Makkah Access Rules Ahead of Hajj, Makes Permit Mandatory

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Saudi Arabia makes Makkah permit mandatory from April 13, tightening access rules to manage Hajj crowds safely 🇸🇦⚠️

India: PM Modi accuses TMC of ‘maha jungle raj’, as Mamata Banerjee urges ‘revenge’ over alleged SIR deletions

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Modi attacks TMC over ‘jungle raj’, Mamata hits back on voter list issue, escalating political tensions in West Bengal ⚠️

UAE: Authorities in Sharjah respond to drone incident at Thuraya building, confirm no injuries

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Drone incident in Sharjah controlled safely, authorities confirm no injuries and launch investigation into security concerns 🚁⚠️🌍

South Africa holds rates, warns of hikes if Iran war persists

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South Africa holds rates but warns hikes may follow if Iran war fuels inflation and economic pressure ⚠️

China says India and its growth are built on hard work, not generosity: Envoy

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🌏 China says India’s growth stems from hard work, emphasizing self-reliance amid evolving diplomatic and economic relations ⚠️📊

Saudi Arabia Visa Update: Fine-Free Exit, New Extension Rules Amid Iran–US-Israel War

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Saudi Arabia allows fine-free visa exit and flexible extensions amid war disruptions, supporting stranded travelers and easing immigration rules ⚠️✈️

India Announces Major Fuel Relief: Petrol Duty Down ₹10, Diesel Prices Reduced

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India cuts petrol duty and diesel prices, offering relief to consumers and helping ease inflation and transportation costs nationwide 🇮🇳📉

Saudi Arabia, UAE Move Closer to Joining Fight Against Iran: Report

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Saudi Arabia and UAE edge closer to Iran conflict, raising regional tensions and signaling potential escalation in global geopolitics.

Argentina’s economy grows 4.4% in 2025, misses expectations slightly

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Argentina economy grows 4.4% in 2025, signaling steady recovery despite missing forecasts amid global economic challenges

China promises more balanced trade and expanded economic openness after surplus surge

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China promotes balanced trade and openness after surplus surge, aiming to strengthen global economic stability and partnerships worldwide 📊🤝

China and US Engage in In-Depth Talks on Trade and Economic Cooperation

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China and US hold in-depth talks on trade and economic cooperation, signaling potential shifts in global markets and diplomacy.

China’s 2030 Moon Landing Plan: Scientists Propose Site Long Studied by NASA

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China plans a 2030 Moon landing, proposing a lunar site long studied by NASA, intensifying the global space race.

Iran’s Shahed-136 Drone in Iran–Israel War: Is It Economically Draining the US and Forcing Washington to Rethink Strategy?

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Iran’s Shahed-136 drones, cheap yet deadly, may strain US defenses, forcing Washington to rethink costly war strategies.

Egypt to add 2,500MW of renewable energy capacity to national grid

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Egypt plans to add 2,500MW of renewable energy capacity to its national grid, boosting clean power and sustainability.

Iran–Israel Tensions Escalate as Strikes Hit Tehran Hospital; U.S. Reports Destruction of Revolutionary Guards Base

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Escalating Iran–Israel tensions intensify after reported strikes on Tehran hospital and destruction of Revolutionary Guards headquarters.

Ethiopia: Tigray fighters enter Afar region, stoking fears of new conflict

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Ethiopia faces renewed tensions as Tigray fighters move into Afar, alarming communities and mediators today across fragile region.

Brazil to decide by mid-year whether to complete Angra 3 nuclear project

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Brazil weighs completing Angra 3 nuclear project, with mid-year decision shaping national energy strategy.

Egypt: El-Sisi directs pre-Ramadan social aid and reviews economic reforms

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El-Sisi orders pre-Ramadan support while Egypt advances economic reforms to protect vulnerable communities.

Argentina’s central bank says it signed $20bn currency swap deal with US

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Argentina secures $20bn currency swap with United States, strengthening reserves and market confidence.

Brazil’s jailed ex-President Bolsonaro undergoes ‘successful’ surgery

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Brazil’s jailed former president Bolsonaro undergoes successful surgery, officials say, as supporters await health updates.

Iran says it won’t negotiate over its missile capabilities

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Iran rejects missile negotiations, asserting defense sovereignty as diplomatic talks continue over nuclear issues and stability concerns.

South African rand softens as markets await jobs data

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South African rand weakens as investors await key jobs data, signaling near-term economic direction.

Argentine assets cheer Milei party’s election victory with massive rally

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Argentine assets rally as markets cheer Milei party’s election victory with massive celebratory street demonstrations nationwide today across major cities.

Iran’s foreign minister says he will meet IAEA director on Monday

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Iran’s foreign minister plans to meet the IAEA director on Monday ahead of renewed nuclear talks, underscoring diplomatic engagement.

China’s social financing growth beats expectations in January

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China’s social financing surged past January forecasts, boosting market confidence and signaling renewed momentum across key sectors.

Egypt’s central bank cuts key interest rates by 100 bps amid slowing inflation

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Egypt’s central bank cut key interest rates by 100 basis points as inflation slowed, signaling cautious economic easing.

Saudi Arabia Launches National Tourism Investment Platform for SMEs

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Saudi Arabia has launched a national tourism investment platform designed to enable small and medium enterprises to participate more actively in the Kingdom’s fast-growing...

Brazil Accelerates Green Industry Shift in 2026

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Brazil has entered 2026 with a renewed and more structured push to position itself as a global leader in green industrial development, as the...

Ethiopia Secures $420 Million AfDB Loan for National Geothermal Power Expansion

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Ethiopia has secured a major $420 million financing package from the African Development Bank (AfDB) to significantly accelerate the country’s geothermal energy expansion. Announced...

Iran Completes Phase-One of Chabahar LNG Hub to Boost Regional Energy Exports

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Iran's Ministry of Petroleum has confirmed the crucial phase-one completion of the Chabahar LNG Hub, a strategic energy project designed to fundamentally transform the...

Saudi Arabia Launches $12 Billion National AI Compute Fund to Attract Global Tech Firms

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Saudi Arabia has announced the creation of the $12 billion National AI Compute Fund, establishing one of the world’s largest dedicated investment vehicles for...

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