Guides & Analytics
OECD cuts Saudi Arabia’s growth forecast in ’24, ’25
Saudi Arabia’s economy will contract by 0.2 per cent in 2024, said the Organisation for Economic Co-operation and Development (OECD) forecast on Thursday.
Egypt’s gold prices see rise on Thursday
Egypt’s gold prices increased on Thursday at 12:00, compared to May 1st, according an electronic gold price platform.
UK economy faces slower growth, higher Inflation – OECD
The Organisation of Economic Co-operation and Development (OECD) has revised down its growth forecast for the UK economy from 0.7 per cent to 0.4 per cent for this…
S. Korea inflation eases to 3-month low at 2.9%
South Korea's April inflation eased more than expected, with the consumer price index (CPI) reaching a 3-month low of 2.9 per cent.
Microsoft to pour $2.2b into Malaysia’s cloud, AI growth
Microsoft plans a significant investment of $2.2 billion over the next four years in Malaysia to bolster cloud and artificial intelligence (AI) services in the…
Russian court revokes JPMorgan fund seizure
A Russian court overturned the decision to seize a portion of JPMorgan Chase’s assets in Russia amidst a legal dispute with VTB, a state-owned Russian bank, as per…
Maersk boosts projected annual profits amid robust quarterly performance
Maersk, the shipping giant, has boosted its projected annual profits following a robust quarterly performance that surpassed expectations.
H. Kong holds rates steady at 5.75%
The Hong Kong Monetary Authority (HKMA) maintained its base rate at 5.75 per cent on Thursday, aligning with the US Federal Reserve's decision to keep rates…