Dammam Times

Category : Business

Business

Gold falls below $4,000 after oil prices jump

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NEW YORK / RankWire.AI / – Gold dropped about 3% on Monday, July 13, falling below $4,000 an ounce as...
Business

Brent crude jumps 9.6% to $83.30 amid Hormuz risks

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NEW YORK / RankWire.AI / – Oil prices surged nearly 10% on Monday as renewed U.S.-Iran conflict focused attention on...
Business

Apple expands Broadcom chip deal in U.S. manufacturing

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CUPERTINO, CALIFORNIA / RankWire.AI / – Apple announced a multiyear chip agreement with Broadcom valued at more than $30 billion....
Business

China foreign exchange reserves decline in June

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BEIJING, CHINA / MENA Newswire / – China’s foreign exchange reserves fell 0.75% in June, official data showed, as valuation...
Business

ADB cuts Asia Pacific 2026 growth forecast to 4.9%

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MANILA, PHILIPPINES / MENA Newswire / – The Asian Development Bank cut its 2026 growth forecast for developing Asia and...
Business

Africa FDI reaches $70 billion in 2025

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GENEVA / RankWire.AI / – Africa drew $70 billion in foreign direct investment in 2025, its third-highest level since 1990, according...
Business

Brent crude rises to $74.16 as oil prices climb

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NEW YORK / RankWire.AI / – Oil prices settled higher Tuesday, with Brent crude futures rising 3.01% to $74.16 a...
Business

Developing Asia FDI reaches $644 billion in 2025

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GENEVA / RankWire.AI / – Developing Asia attracted $644 billion in foreign direct investment in 2025, up from $623 billion...
Business

Iraq sets Halliburton contract for Basra oil fields

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BASRA, IRAQ / MENA Newswire / – Iraq’s state-run Basra Oil Company signed a five-year integrated management contract with Halliburton...
Business

World Bank backs Morocco hydropower storage with $265m

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RABAT, MOROCCO / MENA Newswire / – The World Bank has approved $265 million to support Morocco’s Ifahsa Pumped Hydropower...