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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
Treasurer Jim Chalmers said the country was on track to bank a budget surplus of US$6 billion (Aus$9 billion) this year
According to its May report, the UAE’s non-oil GDP registered a significant year-on-year (YoY) increase of 7.3 percent in Q2 2023
The bank expects a policy rate of 5.5% by 2024-end, consistent with its latest US Fed forecasts
The two sides discussed mechanisms of supporting joint investments, and incentivizing private sector to establish innovative investment projects in major sectors that will serve the two countries economic approaches
Downside risks stem mainly from adverse regional geopolitics and lower energy prices
The share of luxury homes sold in India has tripled over the past five years, according to a report by property consultant Anarock Group.
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.
