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Author: Steven Sahiounie
Federal Reserve Chair Jerome Powell on Friday offered an explicit endorsement of an imminent policy easing, saying further cooling in the job market would be unwelcome and expressing confidence that inflation was within reach of the U.S. central bank’s 2% target.
Dubai-based Emirati companies invested $1.4 billion in China between 2015 and 2023, reflecting a strengthening trade and economic relationship
Saudi Arabia’s National Development Fund has appointed Northern Trust to manage over SR60 billion ($16 billion) in assets
The Organization of the Petroleum Exporting Countries has received updated output compensation plans from Iraq and Kazakhstan.
Credit facilities provided by Saudi finance companies saw 12 percent annual rise in the first quarter of 2024, to reach SR88.6 billion
Saudi Arabia’s industry and mining system provides over 120 enablers and incentives for investors in the sectors
Financial sector leaders will meet in Riyadh next month to discuss the latest trends and innovations in securities
RIYADH: Saudi Arabia’s Tadawul All Share Index rose on Thursday, slightly gaining 6.99 points, or 0.06 percent, to close at 12,194.43.
Hamas will dispatch a delegation to Cairo today as talks over a ceasefire in the Gaza Strip and a deal to exchange Israeli captives held in Gaza for Palestinian prisoners continue, Al Jazeera sources say. According to an unnamed “senior official” of the group who spoke to AFP news agency, Hamas will not participate in this round of talks even though a delegation will be present in Cairo. “The delegation will meet with senior Egyptian intelligence officials to be briefed on developments in the ongoing round of Gaza ceasefire talks … but this does not mean it will take part…
Japanese Prime Minister Fumio Kishida reaffirmed Friday in a meeting with Egypt’s Minister of Foreign Affairs Badr Abdelatty his country’s commitment to supporting Egypt’s efforts to de-escalate tensions in the Middle East, particularly regarding the ongoing conflict in Gaza. This meeting was on the sidelines of the ninth Tokyo International Conference on African Development (TICAD). PM Kishida noted that Japan is following with deep concern the latest developments in Gaza and the broader region, emphasizing that the continuation of violence would be detrimental to all parties involved. According to the Egyptian Ministry of Foreign Affairs statement, Japan’s Kishida further highlighted…
