Browsing: Industry

NEW YORK/LONDON – Global shares and bond yields meandered on Wednesday after data showed U.S. services industry growth eased further in March, suggesting inflation is slowing, but not enough for the Federal Reserve to say when interest rate cuts can begin.

RIYADH: Saudi Arabia issued 118 new industrial licenses in February – a 72 percent annual increase as the Kingdom’s manufacturing sector continues to strengthen,

The Meetings, Incentives, Conferences, and Exhibitions (MICE) industry itslef in the UAE is expected to grow at 8.5% during the 2023-30

The DoS report also highlighted that the Industrial Producer Price Index decreased by 1.84 per cent in February 2024

“If the court satisfies the lawsuit, this will entail certain risks for shareholders and beneficiaries of the company,” the company said

The sub-index for mining and quarrying activity, which accounts for 61.4% of the index weight, rose to 98.2 points from 98 points in December last year

Leaders in the emerging Western nuclear fusion industry are convening in Washington, D.C. this week seeking ways to attract more money for research to avoid falling far behind China in the race to develop and build commercially viable reactors.

The struggling German economy will likely end the first quarter of the year in recession, and is not expected to recover for the rest of 2024, the central bank warned in a monthly report published on Monday.

RIYADH: The UAE’s industrial exports surged by 60 percent over the past three years, amounting to a projected 187 billion dirhams ($50.9 billion), according to a minister.

RIYADH: Salt ore exploration efforts in the Eastern Province’s Ras Al-Qaryah complex will benefit from an initiative by the Saudi Ministry of Industry and Mineral Resources.