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Author: Steven Sahiounie
The inter-trade grew by 35% from $576mln in 2022 to approximately $824mln in 2023
Both officials reviewed areas of bilateral cooperation between Oman and the EU, notably in maritime security and cooperation in technical, economic and cultural fields
Doha, Qatar: The Planning and Statistics Authority (PSA) have released the preliminary estimates of gross domestic product (GDP) at current and constant prices (2018=100) for the third quarter (Q3) of 2023. The estimates have been produced with data collected through the Quarterly Economic Indicator Survey and from other source agencies.
RIYADH: Financial robo-advisory firm Abyan Capital has secured $18 million in funding in further evidence of the growing confidence in the Kingdom’s artificial intelligence sector.
RIYADH: Saudi banks are expected to pursue alternative funding strategies to deal with the rapid expansion in lending, fueled by the demand for new mortgages, according to S&P Global.
MOSCOW, May 3. /TASS/. Russia’s stock market closed mixed on Friday as the MOEX Index slipped by 0.03% to 3,441.77 points, while the dollar-denominated RTS Index added 0.57% to 1,184.68 points.
MOSCOW, May 3. /TASS/. The Board of Directors of Rusal intends to discuss the payment of final dividends for 2023 at a meeting that will take place on May 16, the Russian aluminum producer said in a statement posted on the Hong Kong Stock Exchange.
MOSCOW, May 3. /TASS/. The price of futures contracts of Brent crude oil for July delivery has dropped below $83 per barrel on London’s ICE for the first time since March 13, according to trading data.
Elon Musk’s carmaker Tesla has sued an Indian battery maker for infringing its trademark by using the brand name “Tesla Power” to promote its products, seeking damages and a permanent injunction against the company from a New Delhi judge.
NEOM: The Saudi Red Sea Authority and NEOM signed a memorandum of understanding on Friday to cooperate on developing legislation, regulations, and technology in marine tourism, reported the Saudi Press Agency.
