Chinese market welcomes two Saudi stock ETFs
Two exchange-traded funds (ETFs) focused on Saudi Arabian stocks debuted today in Shanghai and Shenzhen, providing…
S. Arabia annual inflation stands at 1.5% in June
Saudi Arabia's annual inflation rate reached 1.5 per cent in June 2024. This increase is largely due to an 8.4 per…
Oil steady on Tuesday
Oil prices steadied after a two-day decline amid quiet summer trading, with focus on the US dollar and monetary…
TotalEnergies, SSE team up for EV charging expansion
French oil major TotalEnergies and UK power firm SSE have formed a joint venture, Source, aiming to capture a 20…
EGP steady in early trading vs. USD
The Egyptian Pound (EGP) remained stable against the US Dollar (USD) at the beginning of trading on Tuesday, July…
Deutsche bank faces profit risk amid Postbank lawsuit
Deutsche Bank is expected to report a loss for the second quarter, breaking a 15-quarter streak of profitability,…
Russia considers gasoline export ban renewal
Russia may reinstate a gasoline export ban from August if domestic supply shortages arise, Deputy Prime Minister…
UAE transfers surge to AED6.12t in Q1 ’24
The value of transfers conducted in the UAE banking sector via the UAE Funds Transfer System (UAEFTS) reached…
Kenya’s shilling steady vs USD
Kenya's shilling held steady against the dollar on Monday, trading at 128.50/129.50, unchanged from Friday's close,…
CNOOC discovers oil, gas in Bohai
China’s state-owned oil and gas company (CNOOC) announced on Monday that it has achieved a significant exploration…
