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Moploli cites Red Sea issues in Suez Canal loss

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20 Hrs2026-10-04T22:41:00.000Z
Moploli cites Red Sea issues in Suez Canal loss

Metwally Targets $100B Non-Oil Exports

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20 Hrs2026-10-04T22:32:00.000Z
Metwally Targets $100B Non-Oil Exports

Iranian Petroleum Minister Resigns

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21 Hrs2026-10-04T21:20:00.000Z
Iranian Petroleum Minister Resigns

Greece seeks EU aid for 700 million euros energy crisis

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22 Hrs2026-10-04T20:36:00.000Z
Greece seeks EU aid for 700 million euros energy crisis

Saudi Arabia Invests 2.5B Riyals in Poultry Sector

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23 Hrs2026-10-04T19:50:26.814Z
Saudi Arabia Invests 2.5B Riyals in Poultry Sector
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Spain’s economic growth challenged by housing crisis

Spain’s economic growth challenged by housing crisis

Spain is demonstrating strong economic growth in 2026, with an annual growth rate of 2.7% in the second quarter, and a 5.8% increase in investment during the first quarter. The sectors diversified between tourism, renewable energy, and agriculture, leading to an improvement in overall economic performance. However, the housing crisis is worsening, with housing prices rising by over 12% and new lease rents increasing by 8.8%, hindering the lives of millions of citizens and making housing costs account for up to 70% of some families' income. Despite the shift in the energy sector toward renewable sources and a reduction in dependence on imported fuel, economic challenges continue to put pressure on living standards, particularly concerning housing costs and wages.

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