• Saudi Arabia to Grow at Fastest Pace in a Decade

    Maintaining reform momentum is pivotal for prosperity in the long runSaudi Arabia is likely to be one of the world’s fastest-growing economies this year as sweeping pro-business reforms and a sharp rise in oil prices and production power recovery from …

  • Saudi Exports Development Authority Collects an Int’l Prize

    Riyadh, Aug. 16, 2022, SPA — The Saudi Exports Development Authority has collected anInternational Prize 2022, it was reported here today.In a statement, CEO of the Saudi Exports Development Authority Eng. Abdulrahman Al-Thukair said that the prize wa…

  • Finland GDP Growth Slows Further in June

    Helsinki(dpa-AFX) – Finland’s economic growth eased for the third straight month in June, preliminary data from Statistics Finland showed on Wednesday according to the dpa.Output of the national economy rose a working-day-adjusted 1.0% year-over-year i…

  • Soaring Food and Energy Costs Drive UK Inflation to 10.1%

    London– Britain’s inflation rate rose to a new 40-year high of 10.1% in July, as rising food prices tightened a cost-of-living squeeze fueled by soaring energy prices, the Associated Press reported.The Office for National Statistics said Wednesday tha…

  • Saudi Ports Register 16% Growth in Cargo Volumes During July

    Riyadh– Cargo throughput rose by 16% over the past month at Saudi ports, racking up 28 million tons compared to 24 million tons in July 2021, thanks to optimized organizational performance and world-class levels of efficiency, operational capability, …

  • Bahrain’s Two Indices Close Trading Higher

    Manama– The Bahrain General Index closed trading today higher, at the level of 1,900.16, gaining 1.22 points, due to the rise of the telecommunications and financial sector index.The Bahrain Islamic Index closed trading at 671.96 points level, gaining…

  • Moroccan Stock Exchange Ends Trading Lower

    Rabat– The Moroccan Stock Exchange ended trading lower today, as its main index, MASI, declined by 0.1 per cent, to reach the level of12,174.09 points.The total volume of trades amounted to 37.93 million Moroccan dirhams, while the stock exchange capi…

  • China Stocks End a Tad Lower

    Shanghai– China blue-chip index edged lower on Tuesday on worries about COVID-19 flare-ups and slowing economic growth although property stocks jumped on news of policy support, Reuters reported.The blue-chip CSI300 index fell 0.2%, while the Shanghai…

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