Browsing: money

RIYADH: UAE banks provided credit facilities worth 851.87 billion dirhams ($231.93 billion) to the business and industrial sectors by the end of May, reflecting a 3.18 percent year-on-year increase.  

Warner Bros. Discovery’s share price plunged more than 10 percent after-hours on Wednesday after it reported a quarterly loss of almost $10 billion.

The Ethiopian birr weakened by 28% against the dollar this week after the central bank adopted a market-determined foreign exchange rate

Shareholder of Russia’s largest iron ore producer Metalloinvest Alisher Usmanov nursed the heaviest losses in the period, with his fortune losing $4.85 bln to $16.2 bln

RIYADH: The International Monetary Fund has approved the disbursement of approximately $820 million to Egypt following the completion of the third review of the country’s extended arrangement. 

The US Department of the Treasury said on Monday that the country’s national debt had climbed above $35 trillion for the first time ever

Netflix on Thursday said it added eight million new subscribers in the second quarter, as the home of hit shows “The Crown” and “Bridgerton” posted its latest financial earnings that exceeded analyst expectations.

The first payout from interest generated by Moscow’s frozen funds will be made this month, the EU-based depository has said

The number of bankruptcy declarations in England and Wales reached the highest level in over a year last month

Muscat: The broad money supply in Oman witnessed a growth of 12 percent on an annual basis, reaching about OMR23.6 billion by the end of April 2024.