Commodities Oil prices edge higher in early trade amid ceasefire hopes Aya El Sayed Nov 26, 2024 0 Oil prices rose slightly in early trade on Tuesday after a sharp drop in the previous session, as investors…
Featured Indian rupee hits record low amid Adani Group woes Nada Ali Nov 21, 2024 0 The Indian rupee hit a record low on Thursday due to outflows from local stocks, driven by a drop in Adani group…
Featured Asian stocks drop as Nvidia disappoints investors Nada Ali Nov 21, 2024 0 Asian stocks dropped on Thursday as Nvidia reported slower revenue growth and disappointing investors.
Banks ECB warns of AI stock bubble risk in stability review Aya El Sayed Nov 20, 2024 0 The European Central Bank (ECB) issued a warning on Wednesday about a potential "bubble" in stocks related to…
Featured Americana Q3 profit falls 54.3% Aya Anwar Nov 3, 2024 0 Americana Restaurants reported a 54.3 per cent decline in Q3 2024 net profit, falling to SAR140.3 million, as…
Featured Unilateral sanctions, debt threaten global stability – Putin Aya El Sayed Oct 23, 2024 0 Russian President Vladimir Putin warned of a potential new global crisis, citing the growing debt burden in…
Egypt News S&P affirms Egypt rating at B-/B, positive outlook Aya Anwar Oct 20, 2024 0 S&P Global Ratings affirmed Egypt’s sovereign credit ratings at ‘B-/B’ on October 18, 2024, assigning a…
Commodities Oil steady on Thursday Aya Anwar Oct 17, 2024 0 Oil steadied after four days of declines as traders assessed Middle East risks and weak China stimulus measures.…
Banks ECB to cut rates as inflation concerns rise – Villeroy Aya El Sayed Oct 7, 2024 0 The European Central Bank (ECB) is likely to cut interest rates on October 17, 2024, due to weak economic growth…
Banks China holds off on gold purchases for 5th straight month Nada Ali Oct 7, 2024 0 The People's Bank of China (PBC) maintained its gold holdings at 72.8 million troy ounces at the end of September.