COLOMBO: Sri Lanka will save $5 billion following the restructuring of its bilateral debt, much of which is owed to China, through slashed interest rates and longer repayment schedules, the president said Tuesday.

SAO PAULO: Brazilian President Luiz Inacio Lula da Silva said on Tuesday he is worried about the recent weakness of the country’s currency, adding that “something” needs to be done to tackle what he called “speculation”.

LONDON: Global stock markets slipped while the euro retreated Tuesday on concerns about the potential economic fallout should the far-right win power in France in weekend elections.

CAIRO, July 2 (KUNA) -- Egyptآ’s Prime Minister Mostafa Madbouly, announced Tuesday, implementing of "South Med" project on the Northwestern North Coast with local investments of about one trillion pounds (USD 21 billion).

RIYADH, July 2 (KUNA) -- Saudi Ministry of Tourism on Tuesday announced a 22.9 percent growth in inbound visitor spending during the first quarter of 2024 compared to the first quarter of 2023, with their total spending exceeding SAR 45 billion (approx. USD 12 billion).

WASHINGTON, July 1, 2024 - The World Bank Group approved Monday two new programs aimed at strengthening Jordan's human capital through targeted investments in education, health and social assistance, and promoting the resilience of Jordanian households.

LONDON: French political uncertainty and an EU trade spat with China are casting a shadow over European corporate earnings, investors say, despite forecasts that companies are set to deliver better results.

LONDON/TOKYO: Manufacturing activity in Europe suffered a setback last month but Asian factories enjoyed solid momentum, offering policymakers some hope the region can weather the hit from soft Chinese demand, surveys showed.

KUWAIT: Within its constant dedication to offering customers a more luxurious banking experience, National Bank of Kuwait (NBK) sponsored a private event for Harvey Nichols to unveil its exclusive new collection, which was held at the renowned ROKA restaurant.