Browsing: Economy

Bitcoin’s price reached as high as $52,079 on Wednesday, its latest 25-month high

 Investor enthusiasm for crypto was rekindled in recent months

The Duqm refinery in Oman is the region’s first cross-border refinery investment

The agreements also covered the implementation of projects for future cities, housing and urban planning

RIYADH: UAE’s non-oil foreign trade reached a record-breaking 3.5 trillion dirhams ($953 billion) in 2023, significantly increasing from the 2.2 trillion dirhams recorded the year before. 

RIYADH: Qatar experienced a 1.3 percent decline in inflation in January compared to December 2023, driven by decreased prices for communication and recreation, official data showed. 

European Parliament member Biljana Borzan has urged the legislative body to look into the phenomenon of ‘skimpflation’, which she says began with the Ukraine conflict

The volume of investable assets held by individuals in the group will skyrocket over the next decade, according to Henley & Partners

Disruptions in the Red Sea have also increased delivery times on some routes by up to 15 days, Paolo Gentiloni has said

The German government will revise down its forecast for economic growth in 2024 to 0.2% from an earlier projection of 1.3%, Economy Minister Robert Habeck has warned, according to Bloomberg.