KUWAIT: Alghanim Industries (Kutayba Alghanim Group), one of the largest privately-owned companies in the region, has appointed Mahmoud Samara as Chief Executive Officer, effective January 2024.

LAGOS: Africa’s biggest diesel and aviation fuel refinery built by the continent’s richest man has started production, the company said on Saturday, calling it a “big day for Nigeria”. 

JAABAR AL-SAGHIR, Syria: After years of war, drought and economic crisis, Omar Abdel-Fattah was forced to rent out his farmland in northeast Syria, preferring a more stable job to provide for his family.

PARIS: The world’s political and business elites will convene in Davos this week, with wars in Gaza and Ukraine set to dominate the annual gabfest in the Swiss Alps.

LAS VEGAS: Electric bicycle makers at CES touted slick features like ChatGPT as they rode a trend of people wanting to enjoy a breeze in their face without sweat on their brow.

ZURICH: Artificial intelligence raises serious concerns for jobs but it will also create new positions, the head of Adecco, the world’s biggest temporary staffing agency, told AFP.

BEIJING: China’s exports fell last year for the first time in seven years, data showed Friday, as tensions with the United States and a stuttering global economic recovery compound Beijing’s struggles to kickstart growth at home.

BUENOS AIRES: Argentina’s annual inflation surged beyond 200 percent in 2023, the statistics agency said as the country grapples with an economic crisis new President Javier Milei has vowed to address by slashing state spending.

WASHINGTON: US President Joe Biden has good news to sell on the economy as he seeks reelection in November—but voters don’t seem to be buying it. Growth is up, unemployment is down, and the US economy is recovering from the COVID-19 pandemic better than most other countries thanks to a huge stimulus package.