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Musk's net worth drops $34 billion amidst dispute with Trump Fri, 06 Jun 2025 10:21:11 +0300 American businessman Elon Musk experienced an approximate $34 billion loss in his net worth in a single day, attributed to a public dispute with US President Donald Trump. Despite this significant drop, his fortune is now estimated at $335 billion, maintaining his position as the world's richest person, according to the Bloomberg Billionaires Index.
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Egypt's Inflation Rate rises to 16.8% in May Wed, 04 Jun 2025 22:09:25 +0300 Data released Wednesday by Egypt's Central Agency for Public Mobilization and Statistics showed annual urban consumer price inflation surged to 16.8% in May - exceeding expectations and marking an increase from April's 13.9% rate. |
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EU threatens Trump with counter-tariffs on steel Sat, 31 May 2025 20:46:36 +0300 The European Union (EU) warned on Saturday that it would take retaliatory measures by summer in response to U.S. President Donald Trump’s latest announcement on increasing tariffs on steel imports. |
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Muscat stock exchange index closes higher Tue, 27 May 2025 17:19:41 +0300 The Muscat Stock Exchange 30 Index closed trading on Tuesday, up 19.1 points, or 0.42 percent, reaching 4,529.67 points, compared to the last trading session's close of 4,510.56 points.
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European stock markets fall after Trump's post Fri, 23 May 2025 16:29:54 +0300 European stock markets fell on Friday after US President Donald Trump threatened to impose 50% tariffs on European Union products imported into the United States starting June 1, in a post on his Truth Social platform.
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Muscat Stock Exchange Index Closes Higher Tue, 20 May 2025 17:56:36 +0300 The Muscat Stock Exchange (MSX) 30 index closed Tuesday's trading session up by 5.1 points (0.11%) to reach 4,457.34 points, compared to the previous closing level of 4,452.25 points. |
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