Fed predicts to raise interest rates to 4.6%
The U.S. Federal Reserve (Fed) expected to raise interest rates to 4.6 percent in 2023 before it halts its war…
BREAKING: U.S. Fed fires off another three-quarter point rate hike
The U.S. Federal Reserve (Fed) has on Wednesday lifted its key interest rates by three-quarters of a percentage…
Britain caps electricity and gas prices for businesses
Britain announced on Wednesday it would control the cost of electricity and gas for businesses from next month.
Gulf’s bourses end lower on Monday except Oman gains
Gulf’s most bourses closed lower on Wednesday as investors ready for a hefty interest rate hike from the U.S.…
U.S. shares open mixed on Wednesday, brace for Fed rate-hike decision
North and South American markets opened mixed on Wednesday in early trading session as Nasdaq Composite gained…
Aramco: Europe’s energy crisis plans are only a short-run solution
The head of Saudi state oil giant Aramco stated on Tuesday Europe’s plans to cap energy bills for consumers and tax…
BOE faces critical policy decision with pound reach its lowest level
The Bank of England’s (BOE) governor Andrew Bailey has reiterated his commitment to reining the inflation, but the…
Asian Development Bank cuts China’s economic growth forecast to 3.3% in 2022
The Asian Development Bank (ADB) cut its forecast for economic growth in China to 3.3 percent this year from 4…
Maersk aims to finalise clean fuel project deal with Egypt at COP27 – official
Shipping group A.P. Moller-Maersk plans to finalise a deal with Egyptian government for a green energy and clean…
Egypt’s share close in red zone on Wednesday
Egyptian Stock Exchange (EGX) concluded the trading session on Wednesday in the red zone, as the main market index…
