Gold steady amid US rate cut bets
Gold prices held steady on Monday as investors balanced profit-taking with concerns over a potential US recession…
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middle east
Japan’s crude oil imports rise in June
Japan's crude oil imports demonstrated notable trends and shifts in June, totaling 9,927,637 kiloliters (kl).
India’s Ostwal to establish fertiliser production facility in Egypt
India's Ostwal Group Of Industries is set to invest $300 million in a new fertilizer production facility in Egypt,…
Global gold jewellery consumption falls 19% YoY in Q2 ’24 – data
Global gold jewellery consumption experienced a significant decline of 19 per cent year-on-year in the second…
Oman wants to expand LNG export capacity by a third
Oman plans to build a new liquefied natural gas (LNG) train near Qalhat, increasing its export capacity by…
Egypt, Turkey aim for $15b trade target – FinMin
Egypt and Turkey plan to increase bilateral trade to $15 billion in the near future.
S. Arabia 2nd in ’24 VC rankings
Saudi Arabia achieved the second position in emerging-market venture capital for the first half of 2024, closely…
JPMorgan lowers emerging market default forecast
JPMorgan revised its forecast for emerging market (EM) corporate defaults on Monday, citing the most significant…
Aramco keeps OSPs for LPG unchanged in July
Saudi Arabia's state oil producer Aramco kept official selling prices (OSPs) for liquefied petroleum gas (LPG)…
UBS expands ME wealth management team with 10 hires
UBS announced on Tuesday the strengthening of its wealth management team in the Middle East with the addition of 10…
