Economy 1352
MENA region funding in July in reaches $95 million largely driven by the UAE startupsÂ
[ad_1] CAIRO: Startups throughout the Center East and North Africa accrued a strong $95 million throughout 31 offers in July 2023, marking a slight lower from final yr’s $105 million for a similar month, but demonstrating a strong 167 p.c month-on-month surge from June’s $35.6 million.  Whereas the deal quantity decreased by 31 p.c, the […]
White House Hits Back on Fitch Credit Downgrade, Protecting Biden
[ad_1] When the Fitch Rankings company introduced this week that it was downgrading its long-term credit rating of the USA from AAA to AA+, Biden administration officers had been prepared — and offended. Administration officers had been lobbying Fitch in opposition to the downgrade, which bewildered many economists however grew to become quick fodder for […]
The economy added 187,000 jobs in July.
[ad_1] The U.S. economic system continued to supply sturdy employment development in July, however confirmed particular indicators of cooling alongside the Federal Reserve’s battle to suppress inflation. American employers added 187,000 jobs final month, the Labor Division reported on Friday, a determine that exceeded the circulate of individuals coming into the labor market. The unemployment […]
Wages and Hiring Weigh on Minds of Company Executives
[ad_1] As firms reported their newest quarterly earnings in current weeks, hiring, wages and head counts had been in style subjects as analysts quizzed executives about their plans. Some stated they had been avoiding increasing their payrolls as quickly as previously. Others stated that rising wages remained a fear for his or her backside strains. […]
Las Vegas Suffers as Nevada Economy Droops, Costing Jobs
[ad_1] Pedro Alvarez by no means imagined his highschool job delivering filet mignon and sautéed lobster tail to rooms on the Tropicana Las Vegas would flip right into a longtime profession. However in a metropolis that sells itself as a spot to vanish into decadence, if for under a weekend, offering room service to vacationers […]
Qatar real estate booms with deals worth $48m recorded in last week of July
[ad_1] KARACHI: Â Pakistan’s benchmark KSE-100 index on Thursday crossed the psychological barrier of 49,000 factors for the primary time in six years, as a last-gasp funding deal from the Worldwide Financial Fund (IMF) signed in June continues to gasoline investor confidence on the bourse, fairness analysts stated. Â The nation on June 30 secured a […]
Oil Updates —prices set for sixth weekly gain on pledged output cuts
[ad_1] SINGAPORE: Oil costs rose for a second day on Friday, set for his or her sixth week of positive aspects, after Saudi Arabia and Russia, the world’s second- and third-largest crude producers, pledged to chop output by way of subsequent month, in line with Reuters. Brent crude futures for October rose 2 cents to […]
Saudi Arabia’s real estate sector maintains growth surge in Q2: CBREÂ
[ad_1] KARACHI: Â Pakistan’s benchmark KSE-100 index on Thursday crossed the psychological barrier of 49,000 factors for the primary time in six years, as a last-gasp funding deal from the Worldwide Financial Fund (IMF) signed in June continues to gasoline investor confidence on the bourse, fairness analysts stated. Â The nation on June 30 secured a […]
Closing bell: Saudi Arabia’s main index sheds over 102 points to close at 11,376 Â
[ad_1] KARACHI: Â Pakistan’s benchmark KSE-100 index on Thursday crossed the psychological barrier of 49,000 factors for the primary time in six years, as a last-gasp funding deal from the Worldwide Financial Fund (IMF) signed in June continues to gasoline investor confidence on the bourse, fairness analysts mentioned. Â The nation on June 30 secured a […]
Saudi Arabia records 13% surge in non-oil revenues in Q2
[ad_1] KARACHI: Â Pakistan’s benchmark KSE-100 index on Thursday crossed the psychological barrier of 49,000 factors for the primary time in six years, as a last-gasp funding deal from the Worldwide Financial Fund (IMF) signed in June continues to gasoline investor confidence on the bourse, fairness analysts mentioned. Â The nation on June 30 secured a […]
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