S&P PMI: Lebanon’s private sector sees further decline in August
Lebanon's private sector experienced declining business conditions in August. The index fell to 47.9 from 48.3 in…
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Gaza
Bank of Palestine receives EBRD, IFC equity injection
The European Bank for Reconstruction and Development (EBRD) and the International Finance Corporation (IFC) are…
Israeli banks block shekel transfers from Palestinian banks
Israeli banks are blocking shekel cash transfers from Palestinian banks in the West Bank, potentially disrupting…
Asian stocks climb on rate cut hopes
Asian stocks hit a one-month high on Tuesday, boosted by a Wall Street rally fueled by expectations of Fed interest…
Israel’s GDP growth falls short of forecasts
Israel’s economic growth slowed more than anticipated in the second quarter, failing to maintain its initial…
Fitch downgrades Israel to ‘A’, negative outlook
Fitch Ratings has downgraded Israel’s Long-Term Foreign-Currency Issuer Default Rating (IDR) from 'A+' to 'A,' with…
Oil up on Wednesday
Oil prices surged after Hamas announced Israel's killing of its leader, Ismail Haniyeh, escalating regional…
McDonald’s posts first sales decline in 13 quarters
McDonald's reported a surprising one per cent decline in global comparable sales for the second quarter, marking…
Egypt’s growth outlook cut to 4% – poll
Egypt's economic growth is expected to be lower than earlier anticipated this year, as per a Reuters poll released…
Asian shares slip despite China rate cut
Asian shares fell on Monday despite a rate cut by China's central bank.
