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Japanese Prime Minister Sanae Takaichi acknowledged that the recent yen depreciation is an opportunity to increase revenue from the export sector and the government’s foreign exchange fund.In his speech at a mass rally in Kawasaki, Mr. Takaichi referred to the history of Japan’s currency and the way it dealt with the depreciation of the yen through pre-arranged measures, saying, “The management of the special account of the Foreign Exchange Fund is going very well.”fuel inflationTakaichi points out that the yen was strong during the Democratic Party of Japan’s administration (2009-2012), and that it is not clear whether the currency is…

RIYADH — Under the patronage of Custodian of the Two Holy Mosques, King Salman bin Abdulaziz, the 5th Saudi Media Forum will be held in Riyadh from February 2 to 4, 2026, bringing together global media leaders to consider the future of the industry in a rapidly changing world.This year’s forum, themed “Media Shaping the World,” takes on added significance as it coincides with the 10th anniversary of Saudi Vision 2030, providing a venue to reflect on the nation’s achievements and the evolving role of the media in supporting the Kingdom’s long-term transformation agenda.More than 300 media leaders, experts and…

Hunger Station has announced a long-term strategic partnership with Abdullah Al-Otaim Market, one of Saudi Arabia’s largest and most established national retail chains.The partnership aims to support the HORECA sector (hotels, restaurants and cafes) through an end-to-end digital supply chain, combining Al-Othaim’s extensive retail footprint with Hungerstation’s technology and operational capabilities.Through this partnership, hospitality businesses will be able to seamlessly access Abdullah Al-Otaim Market’s products through multiple digital channels.The partnership is designed to address the operational needs of the HORECA sector while improving the overall shopping experience for consumers through a unified operating model that connects supply and demand across…

The Ministry of Environment has paved the way for the “return” of non-Saudi-owned camels and grazing livestock to their home countries. This measure aims to protect vegetation from overgrazing, in line with the Saudi Green Initiative.According to a decision by the Environment Ministry, shepherds and livestock owners who were unable to leave early can now apply electronically to obtain a “permit to return.” The ministry warned people not to cross the border without prior reservation or approval. This regulation requires strict compliance with animal welfare systems. The Environment Ministry’s move follows previous campaigns to deport foreign livestock, digitize their remains…

Morocco’s Ministry of Tourism and Traditional Industries announced that Morocco’s tourism sector will reach unprecedented levels in 2025, with foreign exchange earnings reaching AED 138 billion as of the end of December last year, an increase of 21% compared to 2024.The ministry explained that this exceptional level far exceeds the target of 120 billion dirhams set in the Moroccan Tourism Roadmap 2026.The ministry said Morocco’s national tourism confirms the sector’s role in the economy, with expenditures estimated at around Dh48 billion in 2025.employment and currencyThe Moroccan Ministry of Tourism announced that Morocco has recorded record numbers of tourists, reaching 19.8…

Energy industry officials revealed that the significant rise in U.S. natural gas prices caused many liquefied natural gas exporters to cancel shipments for export and sell them on the local market, as spot gas prices soared to more than $30 per million British thermal units on January 27 and plummeted to about $9 per million British thermal units the next day, according to an S&P Global report. Production discontinuedFebruary U.S. gas contracts at Nymex hit $6.954 per million British thermal units on Jan. 27 as severe cold snaps and production outages at some wells reduced gas flows to major liquefaction…

India’s Finance Minister Nirmala Sitharaman today announced that India aims to achieve a debt-to-GDP ratio of 55.6% in the fiscal year 2026-2027, from around 56.1% this year.Presenting the Union Budget, Sitharaman said India’s federal deficit is expected to remain at 4.4% of GDP in the fiscal year ending March 2026, with the target set at 4.3% of GDP for next year.stable foundationFinally, the Government of India expected the national economy to register growth in the range of 6.8% to 7.2% during the financial year starting April 2026, as per the Annual Economic Survey.This forecast represents a slowdown compared to the…

According to the draft statement, eight OPEC+ member countries have agreed in principle to maintain a halt to production increases through March next year.The eight OPEC+ member countries (Saudi Arabia, Russia, UAE, Kazakhstan, Kuwait, Iraq, Algeria, and Oman) had increased their production quotas by about 2.9 million barrels per day, equivalent to about 3% of global demand, for the period from April to December 2025. The government subsequently canceled the planned increase from January to March 2026. Due to low seasonal consumption.maintain profitsOn the price front, oil prices continued to rise, supported by growing concerns about supply disruptions due to…

After nearly two years of closure, Israel today (Sunday) announced a limited opening for residents of the Gaza Strip to cross the Rafah crossing. Israeli media reported that the crossing was opened in the presence of representatives from the European Union and Egypt.”In accordance with the ceasefire agreement and directives from the political level, the Rafah crossing has been opened to traffic only for residents,” the Coordination Office for the Government of the Palestinian Territories (COGAT) said in a statement.He added: “Today, the first pilot phase began and was carried out in coordination with the European Union Border Assistance Mission…

Top officials in southern Yemen held an expanded meeting in Riyadh on Saturday as part of efforts to build trust and unite the southern ranks, paving the way for national partnership and shared responsibility to confront current challenges. Prime Minister Shia Mohsen Al-Zandani, Chairman of the Shura Council Ahmed Obaid bin Dargul, Presidential Leadership Council member Abdulrahman Al-Mahrami, Governor of Hadramout Salem Al-Kambasi, several ministers, the Governor of South Yemen, members of the Shura Council and Parliament, and military and political leaders attended the meeting. According to state media reports, the discussion focused on the development of the southern states…