Arab News Headlines

March 28, 2023

Japan Parliament Enacts Record $870 Billion Budget for FY 2023

Japan’s parliament on Tuesday enacted a record 114.38 trillion yen ($870 billion) budget for the new fiscal year from April to beef up defense capabilities in the face of security threats and to support the economy, which has been struggling with infl…

Gold Prices Rise 0.2% amid Risk Appetite Improvement

Gold edged up on Tuesday as the dollar slipped, although an improvement in risk appetite after efforts by regulators to allay fears over the global banking system.Spot gold was up 0.2% at $1,959.63 per ounce. US gold futures rose 0.3% to $1,960.30.Th…

Dollar Slides as Bank Fears Ease

The US dollar slid for a second day against major peers on Tuesday as receding fears of a full-blown banking crisis sapped demand for the safest assets.The US dollar index – which gauges the currency against six peers, including the yen – declined 0.1…

Jordanian Prime Minister receives EBRD President

Jordanian Prime Minister, Dr. Bishr Al-Khasawneh, met today with the President of the European Bank for Reconstruction and Development (EBRD), Odile Renaud Basso, who is currently visiting Jordan.During the meeting, the two sides discussed the partner…

Foreign Ministry summons Iraqi Charge d’Affaires

The Foreign Affairs Ministry summoned the Chargé d’Affaires of the embassy of Iraq to Bahrain Muayyad Omar Abdul Rahman and informed him of its regret and dissatisfaction with the repeated violations of diplomatic norms.The Foreign Affairs Minister Dr…