International

The U.S. Federal Reserve lowered the federal funds rate by 25 basis points to a range of 3.5%–3.75% during its December 2025 meeting, continuing the series of cuts initiated in September and October. The decision came in line with market expectations, bringing

The euro area’s inflation rate slowed slightly to 2.1% in October 2025, down from 2.2% in September, bringing it closer to the European Central Bank’s (ECB) target of 2%, according to Eurostat data. The decline was mainly driven by a slower increase

U.S. President Donald Trump announced an additional 10% increase in tariffs on Canadian imports after a controversial television ad aired during the World Series finals. The ad, run by the Government of Ontario, relied on an old speech by former U.S. President

The British pound remained relatively stable above $1.34 after UK GDP data came in line with expectations, providing some relief to Finance Minister Rachel Reeves ahead of the government’s upcoming budget on November 26. UK Economic Performance The UK economy grew by

Saudi Arabia has announced the launch of a massive urban development project named King Salman Gate, located adjacent to the Grand Mosque in Makkah. The initiative reflects the ambitions of Vision 2030, aiming to enhance infrastructure and improve services provided to pilgrims

In a significant move highlighting the growing presence of former U.S. President Donald Trump’s brand in the region, Saudi real estate developer Dar Global announced plans to build a $1 billion project in Jeddah under the name Trump Plaza Jeddah. According to

Qatar’s economy expanded by 1.9% year-on-year in the second quarter of 2025, moderating from a 3.7% growth in the previous quarter, according to the National Planning Council. Despite the softer pace, the performance highlights resilience, particularly through non-hydrocarbon activities, which remain the

In a major step reflecting the rising tensions between the U.S. and China over national security concerns, a coalition of three American companies is moving closer to acquiring TikTok’s U.S. operations. The companies involved are Oracle, Andreessen Horowitz, and Silver Lake, who

Russia recorded a trade surplus of $13.2 billion in July 2025, up from $10.2 billion in the same period of the previous year, marking the first widening of the trade balance since February.Exports rose by 6.7% year-on-year to $38.0 billion, the highest

Qatar’s residential real estate market witnessed a strong leap in the second quarter of 2025, with transaction values rising by 114% year-on-year, reaching QAR 9.23 billion. Doha topped the list of best-performing cities with transaction values of QAR 3.85 billion, marking 126%