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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
Exports from the country’s major ports surged to 3.95 million barrels a day in the week to April 14, data is showing
RIYADH: Saudi Arabia’s inflation eased to 1.6 percent in March, down from 1.8 percent the previous month, driven by changes in the food and beverage sector.
LONDON – Europe’s main share and currency markets started the week modestly higher while oil and bond prices dipped, as investors kept Middle East concerns in check after Iran’s weekend attacks on Israel.
World oil prices sank Monday as traders bet on de-escalation in the Middle East despite a strike on Israel by key crude producer Iran.
The Egyptian pound has slumped against the US dollar, recording EGP 48.68 for buying and EGP 48.78 for selling in trading at the Commercial International Bank (CIB) of Egypt, as per the bank’s latest update on April 15th.
Notably, housing rents spiked by 10.50% YoY, primarily due to a 9.70% increase in villa rents, significantly impacting the annual inflation rate
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