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Author: Steven Sahiounie
The US economy grew by a robust 2.5 percent last year, according to the US Commerce Department, far outstripping most other advanced economies
The Labour Ministry said its Individual Labours Dispute Settlement Unit has not received a single case with such accusations against an employee in three years
The report is being drafted by Enrico Letta, a former Italian prime minister, to find ways to bolster the European Union’s single market and so help boost its competitiveness against rival economies such as the United States and China
The third straight month of strong consumer price readings reported by the Labor Department on Wednesday also suggested that the pick up in inflation in January and February could not be solely attributed to businesses raising prices at the start of the year as economists had argued
Germany’s Lufthansa extended a suspension of its flights to Tehran on Thursday with the Middle East on alert for Iranian retaliation for a suspected Israeli airstrike on Iran’s embassy in Syria.
SINGAPORE: Oil prices ticked up during trade on Thursday, after rising a dollar a barrel in the prior session, as investors braced for a worsening of the Middle East crisis, potentially involving Iran, the third-largest oil producer in the Organization of the Petroleum Exporting Countries.
CAIRO: Startups in the Middle East and North Africa region have closed Ramadan and started Eid Al-Fitr on a positive note as venture activity continued.
RIYADH: Saudi banks extended loans totaling SR2.65 trillion ($706.3 billion) in February, marking an 11 percent rise from the same month in 2023, according to the latest official data.
RIYADH: The foreign assets of Saudi Arabia’s commercial banks surged by 22 percent in February, reaching a total of SR347.63 billion ($92.7 billion), compared to the same month of the previous year.
JEDDAH: In the complex landscape of market dynamics, the Saudi General Authority for Competition emerges as a pivotal force tasked with shaping the future of equitable and competitive commerce.
