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Browsing: inflation
On the first trading day of the week, gold prices in Dubai experienced a slight…
Giga-projects in Saudi Arabia are increasing demand and driving up construction costs in the region, according to Turner & Townsend, a global professional services company.
The construction industry in Saudi Arabia remains sturdy despite encountering some challenges due to increasing inflation and global economic uncertainties.
Gold prices in the UAE took a tumble today after a brief rise. This follows…
Rishi Sunak has announced the dates for a General Election in the UK. UK will hold its General Election to choose the next government.
RAKBANK has announced a record quarterly post-tax net profit of AED 574.2M ($156.3M), marking a 27.5 percent increase (39.7 percent increase on a pre-tax basis) driven by sustained momentum on both sides of the balance sheet in the first quarter.
Ahead of a shareholder vote to confirm the establishment of Space42, an AI-powered space technology company, its managing director expressed optimism that it would elevate the UAE’s position in the global space sector.
After a relatively calm beginning to the week, marked by achievable gains, the conclusion of this trading week has seen turmoil sweep through equity markets across the globe. It has been a tumultuous period for traders, whether on Wall Street or Dalal Street.
The World Bank has revised its projections for the Indian economy, forecasting a growth rate of 7.5 per cent in 2024, up by 1.2 per cent from earlier estimates for the same period.
In a significant move, Japan’s central bank, headquartered in Tokyo, has altered its interest rates. The Bank of Japan, operating in the world’s fourth-largest economy, raised its interest rate on Tuesday for the first time in nearly two decades.