RIYADH: Shipping volume in the Suez Canal dropped 28 percent year on year in the 10 days ending Jan. 2, official data has revealed.

RIYADH: Saudi Arabia’s Tadawul All Share Index rose on Thursday, gaining 216.56 points, or 1.82 percent, to close at 12,145.45.

LONDON: Oil prices gained on Friday, after minutes from a Federal Reserve meeting suggested inflation was under control and US Secretary of State Antony Blinken prepared to visit the Middle East to try and prevent the Israel-Gaza conflict from widening, according to Reuters.

LONDON/TOKYO: Global equities were on course to snap a nine-week winning streak, government bonds sold off, and the dollar was poised for its strongest weekly advance since mid-May, as bets on aggressive central bank rate cuts were rolled back, according to Reuters.

Efforts include the National Investment Strategy, the regional headquarters program, and tax incentives

LONDON: The UN food agency’s world price index ended last year about 10 percent below its 2022, with values in December also down from the previous month, helping further ease concerns over global food price inflation, according to Reuters.