Latest Articles
Kuwait Petroleum Shifts to Delivered Crude Tender for Asia as Red Sea Peril Mounts
State-owned KPC offered a spot cargo of 55,000 tonnes of full-range crude on a delivered ex-ship basis, banning resale, ...
Planned 8-Hour Water Cut in Giza's Haram, Faisal Areas Friday Night for Metro Works
Residents and businesses in parts of Giza must store water as the drinking water company pauses supply from 10 PM Friday...
Colombian Peso Surges 38% in Second-Biggest Revaluation This Century
Since late 2022, the Colombian peso has strengthened 38% against the dollar, driven by a weak greenback, high oil prices...
AUC Professor Youssef Wins Research Award for Location-Tracking Innovations
Moustafa Youssef’s work on quantum algorithms, infrastructure-light positioning, and brain-computer sensing earns AUC’s ...
OMODA O5 SHS-H hybrid saloon to launch in UAE this September
The Chinese brand's latest hybrid combines a 1.5L turbo petrol engine with an electric motor for 224HP, 7.9s 0-100km/h a...
Jazeera Airways Adds Third Daily Flight to Amman for Peak Summer Travel
Kuwait's low-cost carrier Jazeera Airways ramps up capacity on its Kuwait–Amman City Airport route to three daily rotati...
DAX Eyes Record High as Amazon and Microsoft Ignite Global Tech Rally
Strong earnings from Amazon and Microsoft fuel a surge in U.S. and Asian markets, putting the DAX within reach of a reco...
e& Posts 11.6% Revenue Growth in H1 2026, Reshapes Portfolio with Vodafone Exit
Emirates telecom group e& reported AED 38.1 bn in H1 revenue, driven by subscriber growth to 251.5 mn and a AED 21.9 bn ...
Huawei Launches Pura 90s Flagship in Kuwait with 5G+ and 200MP Telephoto Camera
Huawei has launched its Pura 90s series in Kuwait, featuring 5G+ connectivity, advanced AI photography, and a 200MP tele...
How Holiday Childcare by Grandparents Can Lower Your Tax Bill
German tax law lets parents deduct travel costs reimbursed to grandparents who care for children during school breaks. P...
Royal Jordanian's H1 Profit Shrinks to JOD 1.4M Despite 23% Revenue Gain
Revenue jumps 23% year-on-year but net profit collapses from JOD 12.7M to JOD 1.4M as fuel and financing costs surge and...
Buying a Flat or Developer Shares: Which Delivers for a UAE Real Estate Investor?
With a million dirhams and a bullish view on UAE property, an investor can buy an apartment or shares in Emaar or Aldar....
Visa, noon Launch Tap to Tip to Bridge UAE’s Cash-Digital Tipping Gap
An NFC sticker on delivery bags lets consumers tip riders with a tap, tackling the 58% of tips still paid in cash even a...
Xiaomi Shares Slide 6.9% After SUV Launch; Apple's China Miss Weighs on Tech
Xiaomi’s stock dropped sharply after unveiling two range‑extender SUVs starting at CNY259,900, while Apple’s lower‑than‑...
Colombia's 2027 Budget Slashes Roads and Education, Faces COP 30 Trillion Financing Hole
The Petro government's COP 575.6 trillion spending plan for 2027 cuts infrastructure and education sharply yet still has...
Which Latin American Countries Let You Hold Dollars in a Bank Account
Only three nations are fully dollarized, but nearly 18 allow local dollar accounts—access varies sharply by country, fro...
Colombian Exchange Houses Sell Dollar at 164 Pesos Premium Over Official Rate
With the Colombian peso at multi-year highs against the dollar, foreign-exchange bureaus charge an average COP 164 above...
Peso Surge Below 3,100 Squeezes Colombia's Coffee, Flower and Banana Exports
A 16.6% peso appreciation, combined with a 23% minimum wage hike, is crushing profitability for Colombia's coffee, flowe...
Ecopetrol's Profit Hit by Peso Appreciation: Every COP 100 Drop in TRM Cuts Net Income by COP 800 Billion
While Brent crude hovers near $90, a strengthening Colombian peso is set to erode billions from Ecopetrol’s bottom line....
Border Ambitions: How Norte de Santander Plans to Become a Binational Business Hub
Colombia’s Norte de Santander department is betting on its strategic location and a potential thaw in Venezuela relation...
What It Costs to Charge Colombia’s Top Selling Electric Cars
Home charging for popular EVs can be up to three times cheaper than public stations, with full-battery costs ranging fro...
Colombian Power Generators: Strengthen Institutions and Pay Debts to Secure Energy Supply
As a new government prepares to take office amid El Niño, Colombia’s power generation sector says institutional stabilit...
How to Improve Your Credit Score in Colombia: Practical Steps That Work
A good credit score opens doors to loans, cards, and better rates. Here's what really drives your score in Colombia and ...
Colombia's Top Business Group Calls for Coalition to Steady Economy After Election
The Andi business association urged a civil society-state alliance to anchor public finances, smooth the energy transiti...
Colombia Peso Breaches COP 3,100 for First Time Since 2019, but Central Bank Holds Off Intervention
The Colombian peso hit its strongest level in over seven years this week, sinking below COP 3,100 per dollar as the Banc...
Colombia’s Incoming Government Inherits Fiscal Squeeze, 6% Inflation, and a Surging Peso
As Gustavo Petro prepares to take office, stubborn inflation above 6%, a fiscal deficit nearing 7.4% of GDP, and a peso ...
Bank of America: Severe El Niño Could Spike Colombia's Inflation by 1.8 pp
A new Bank of America model shows a severe El Niño could add 1.8 percentage points to Colombian inflation, driven by foo...
OECD Survey: Only 26% of Adults Have a Six-Month Emergency Fund
The OECD finds 28% of adults cannot cover one month of expenses without income, while barely a quarter have a cushion fo...
Colombia's Tax Break Cost Hits 8.9% of GDP as New Finance Chief Plans to Kill Reform
Colombia's tax expenditures—exemptions, deductions and special rates—have ballooned to an OECD-warned 8.9% of GDP. The i...
Mobile Dominates as Colombian Digital News Audience Hits 33 Million in H1 2026
Colombia’s digital news audience climbed to 33.07 million unique users in June, with smartphones used by 29.5 million an...