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Stocks and Markets
Saudi Arabia’s Industrial Production Index rose 1.6 percent in July, compared to the same month last year, driven by a surge in manufacturing activity
Natural gas prices in Western Europe continued to climb on Monday, according to data from the London Intercontinental Exchange (ICE).
Fitch Ratings downgraded Israel’s long-term credit rating on Tuesday, citing the impact of the war in Gaza. Moody’s and S&P Global also cut their credit ratings
Oil prices edged lower on Tuesday, breaking a five-day streak of gains, as markets refocused on concerns about demand after OPEC on Monday cut its forecast for demand growth in 2024 due to softer expectations in China
Dubai’s inflation rate eased to 3.32 percent in July, down from 3.85 percent in June, marking the lowest level since the beginning of the year
The International Energy Agency has kept its global oil demand growth forecast for 2024 unchanged at 970,000 barrels per day
CAIRO: Venture capital investments in the Middle East and North Africa reached $355 million in July, marking a 206 percent increase from June and a 260 percent rise year on year, according to recent data.
Mideast Discourse is a news website specialised on the latest events and developments in the Middle East and the world, and it is in Both languages Arabic and English.
