News from Middle East Economy
Stay current with all the latest and breaking news about Middle East Economy, compare headlines and perspectives between news sources on stories happening today. In total, 83 stories have been published about Middle East Economy which Ground News has aggregated in the past 3 months.
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War · YemenA Chinese-owned oil tanker was attacked off Yemen today by ballistic missiles fired by Houthi rebels, who have intensified strikes on Red Sea shipping, the US military said. The Panamanian-flagged, Chinese-owned and operated Huang Pu issued a distress call but did not request assistance, US Central Command (CENTCOM) said in a statement on social media platform X early on Sunday.See the Story
Chinese-owned tanker hit by Houthi missile in Red Sea
40% Center coverage: 25 sources
Business · Saudi ArabiaSaudi Arabia has announced plans to construct a theme park dedicated to Japan's iconic "Dragon Ball" manga franchise within the prestigious Qiddiya tourist destination near Riyadh. The announcement follows the recent passing of the series' creator, Akira Toriyama, at age 68, leaving fans worldwide in mourning.
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Saudi Arabia to soon construct 'Dragon Ball' theme park
43% Center coverage: 28 sources
John Fetterman · United StatesSens. John Fetterman (D-Pa.) and Joni Ernst (R-Iowa) introduced a bipartisan measure that would ban the export or sale of oil from the United States’s oil reserves to China, Russia, Iran, Venezuela, Syria and Cuba.
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Senators unveil bipartisan measure banning Strategic Petroleum Reserve sales to China, Russia, Iran
Coverage: 2 sources
Erdogan · TurkeyTurkey’s central bank on Thursday raised its key interest rate, the one-week repo rate, from 45% to 50%, citing the continuing need to counter climbing inflation in the country.See the Story
Turkish central bank raises key interest rate to 50% as inflation soars
61% Center coverage: 26 sources
Mike Johnson · United StatesLawmakers don't have a lot of time to read the major spending package. The package costs about $1.2 trillion and will fund agencies like the Department of Homeland Security and the Pentagon. Even if the House gets the package passed on time the Senate still has to vote on it too.See the Story
Lawmakers unveil $1.2 trillion government funding package ahead of shutdown deadline
61% Center coverage: 119 sources
Artificial Intelligence · Saudi ArabiaSaudi Arabia's government plans to create a fund of about $40 billion to invest in artificial intelligence, the New York Times reported on Tuesday, citing three people briefed on the plans.
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Saudi Arabia plans $40 bln push into artificial intelligence, NYT reports
38% Center coverage: 13 sources