economy

Globalization, which began at the end of the 19th century, opened global markets to various companies from different countries and has spread greatly over recent decades, to the point that …

In an effort to compensate for its losses as a result of the widespread global boycott, the fast food chain McDonald’s is preparing to offer $5 meals in its American …

Gold prices ended this week on the rise, with spot gold contracts rising in Friday’s trading by 0.71% to $2,362.49 per ounce. US gold futures for June delivery also witnessed …

The Israeli economy faces the risk of stagflation, which is a combination of slowing economic growth in conjunction with high rates of inflation and unemployment. The Israeli website Calcalist reported …

9/5/2024–|Last updated: 5/9/202406:04 PM (Mecca time) Turkish Trade Minister Omer Polat said that the trade embargo imposed by Turkey on Israel will continue until the permanent ceasefire in Gaza. Polat …

The Ministry of Finance in Israel began preparing the budget for next year and found an expected deficit of 30 billion shekels ($8 billion) due to defense expenditures for the …

The local shekel currency inside Israel continues to lose value against the US dollar, despite the central bank’s frantic efforts to reverse the recession.

Container shipping company Hapag-Lloyd expressed on Monday its fear that the ship shipping crisis occurring in the Red Sea and the Gulf of Aden will expand to include the Mediterranean, …

Belgian Prime Minister Alexander De Croo revealed that his government is considering imposing trade sanctions on Israel in response to its ongoing war in the Gaza Strip, expressing his concern …

6/5/2024–|Last updated: 5/6/202405:15 PM (Mecca time) Turkish President Recep Tayyip Erdogan said that his country is increasing the pace of pressure on Israel at the commercial and diplomatic levels to …