Browsing: Business

In July 2022, industrial producer prices rose by 4.0 percent in the Euro area, by 3.7% in the EU, in comparison with the same month last year. This is according to the latest estimates from Eurostat, the European Union’s statistical

Spark Security Services, a leading provider of manned guarding security services in the UAE, is being fully acquired by Aldar Properties in order to scale up its property management and integrated facilities management platform. Aldar’s property and facilities management platform

MENA Newswire: Bank ABC, MENA’s leading international bank, has won The Banker Transaction Banking Awards 2022, for Middle East by the Financial Times. The Banker’s highly coveted awards are an industry benchmark for banking excellence, adjudged by industry stalwarts and its

A record two-decade low in the euro was recorded on Tuesday as renewed concerns over an energy shock pushed inflation higher and made Europe more likely to become recession-prone. The Chinese yuan slid down to a two-year low on Monday,

Updated official figures published on Monday showed that Britain recorded its biggest drop in output in more than 300 years as it faced the brunt of the COVID-19 pandemic in 2020, Reuters reported. According to the Office for National Statistics,

In a statement, the head of Sri Lanka’s central bank said that he hopes that the government can reach a preliminary agreement with the International Monetary Fund (IMF) that might lead to a bailout package during this month’s visit by

As a result of rising oil prices, the increase in production in Arab oil-exporting countries, and continuing reforms that promote growth, the Arab countries are expected to grow at 5.4 percent in 2022, according to the Seventeenth Edition of the

A broad selection of US stocks was purchased by Saudi Arabia’s Public Investment Fund (PIF), bringing its investment portfolio’s value to about $40.8 billion at the end of the second quarter. According to a US Securities and Exchange Commission filing,

By handling 188,578 TEUs during June 2022, the King Abdulaziz Port in Dammam, managed and operated by Saudi Global Ports (SGP), broke its own record set in 2015. In line with the National Transport and Logistics Strategy (NTLS)’s objectives of

In order to achieve the current financial year’s agro export target of over $23 billion, the Indian Commerce and Industry Ministry has developed an outreach strategy for agro exports. Three hundred events will be organized under the plan to boost