17 марта, 2025/
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The latest news in the world today
Saudi Arabia is focusing heavily on high-end tourism to establish itself as a premier global destination, with plans to invest $800 billion in expanding its tourism sector. The country has partnered with Arsenale Group, known for Italy’s La Dolce Vita Orient…
Saudi Arabia’s Acwa Power has announced plans to build, own, and operate a 2-gigawatt (GW) wind power generation plant in South Hurghada, Egypt. The project, worth SAR8.6 billion ($2.3 billion), is expected to generate enough power to supply nearly 2 million…
Brazil, the largest oil producer in South America, has officially joined the Opec+ group, which includes more than 20 countries working together to manage global oil output. The country’s membership, which was first announced in November 2023, has now been formalized,…
ANKARA, Turkey (AP) — In a clear signal of an escalating clampdown on dissent, prosecutors on Wednesday summoned two prominent figures from Turkey’s business community after they harshly criticized President Recep Tayyip Erdogan’s administration. Orhan Turan, who heads the Turkish Industry…
Passenger traffic at Queen Alia International Airport (QAIA), Jordan’s busiest aviation hub, saw a strong recovery in January, with a 13% year-on-year increase, according to the Jordan Times. Data from the Airport International Group (AIG) revealed that 784,992 travelers passed through QAIA last month, marking a significant improvement…
Opec+ is poised to lose market share to non-Opec oil producers, particularly the US, which is not bound by production quotas. The market share of Opec+ members, which stood at 53% when the group was formed in 2016, is expected to…
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