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Business

Indonesia begins building $20.9 billion Masela LNG project

TANIMBAR ISLANDS, INDONESIA / RankWire.AI / – Indonesia expects the Abadi Masela LNG project to …

Egypt reserves cross $55 billion for first time in June

CAIRO / RankWire.AI / – Egypt’s net international reserves reached a provisional $55.0723 billion at …

EU Grants Final Approval for Temporary Trade Deal with Mexico

BRUSSELS, BELGIUM / RankWire.AI / – The Council of the European Union provided its final …

US-Iraq Discussions Center on Oil, Power, and Investment Opportunities

WASHINGTON / RankWire.AI / – U.S. President Donald Trump and Iraqi Prime Minister Ali al-Zaidi …

Gold falls below $4,000 after oil prices jump

NEW YORK / RankWire.AI / – Gold dropped about 3% on Monday, July 13, falling …

Brent crude jumps 9.6% to $83.30 amid Hormuz risks

NEW YORK / RankWire.AI / – Oil prices surged nearly 10% on Monday as renewed …

China foreign exchange reserves decline in June

BEIJING, CHINA / MENA Newswire / – China’s foreign exchange reserves fell 0.75% in June, …

Apple expands Broadcom chip deal in U.S. manufacturing

CUPERTINO, CALIFORNIA / RankWire.AI / – Apple announced a multiyear chip agreement with Broadcom valued …

ADB cuts Asia Pacific 2026 growth forecast to 4.9%

MANILA, PHILIPPINES / MENA Newswire / – The Asian Development Bank cut its 2026 growth …

Africa FDI reaches $70 billion in 2025

GENEVA / RankWire.AI / – Africa drew $70 billion in foreign direct investment in 2025, its …

Brent crude rises to $74.16 as oil prices climb

NEW YORK / RankWire.AI / – Oil prices settled higher Tuesday, with Brent crude futures …

Developing Asia FDI reaches $644 billion in 2025

GENEVA / RankWire.AI / – Developing Asia attracted $644 billion in foreign direct investment in …