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Economy
Economy
A queen for all ages
King Charles the III addresses the nation today
Economy
ECB decides historic interest rate hike
"Inflation is likely to stay above target for an extended period”
Economy
UK’s Liz Truss unveils plan to freeze annual energy bills for 2 years
"We are facing a global energy crisis... And these are no cost-free options"
Economy
Egypt’s annual urban consumer inflation surges to 14.6% in August
Compared to 13.6% in July
Economy
The Fed sees “weak” future growth…and eyes are on inflation figures
Returning the inflation rate to 2% is the “first task” of the Fed
Economy
Saudi GDP up 12.2% in Q2, highest since 2011
Economic growth is due to the significant increase in oil activities
Economy
Saudi economic diversification towards an oil-independent financial future
“The Fund”: a decrease of about 20% in the direct share of oil in the GDP
Economy
Egypt’s Minister of Planning: The government backs flexible pound
"Egypt working hard to increase foreign direct investment"
Economy
Employees onboarded by UAE firms exceed those offboarded in 2022
By a factor of 1.6
Economy
Expect a significant increase in Euro interest rates on Thursday
Fitch: A recession in the euro area is likely as gas crisis worsens
Economy
Liz Truss succeeds Boris Johnson as British Prime Minister
She vowed to keep her election promises, boost economic growth
Economy
India now world’s fifth largest economy, overtakes UK
Based on IMF GDP figures
Bahrain
Bahrain to restructure board of wealth fund Mumtalakat
The Fund's assets totaled $18.4 bln in 2021
Economy
Saudi non-oil sector purchases at highest level in 7 years
Total new orders rose at the fastest pace since October
Economy
UAE non-oil private sector grows at fastest pace in 38 months
Future sentiment drops to its lowest level in 17 months
Economy
How does the Fed read the jobs report?
August inflation figures expected for release in first half of this month
Economy
Trouble for the “Fed” as number of jobs rose by 315,000 in August
Companies continued pace of recruitment
Economy
IMF: Lebanon’s new banking secrecy law has major shortcomings
The Lebanese president refused on Wednesday to sign the bill
Economy
UK inflation could top over 22%: Goldman Sachs
Well above the baseline forecast of 14.8%
Economy
Lebanon records triple-digit inflation for the 25th straight month
Water, electricity, gas costs jumped 460% in one year
Economy
Türkiye’s GDP beats expectations.. 7.6% growth in Q2
Driven by strong exports as well as domestic and foreign demand
Economy
Saudi is fastest growing major economy globally
Kingdom quickly recovered from pandemic-induced recession
Economy
Ex-Soviet leader Mikhail Gorbachev passes away.. Putin’s first comment
After a long struggle with a serious illness
Economy
UAE to celebrate ‘Emirati Women’s Day’ on Sunday
Under the slogan "Inspiring Reality .. Sustainable Future”
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