Economy 1352
UAE ranks 7th globally in terms of per capita national income
[ad_1] RIYADH: Saudi Arabia’s finance firms have seen their collective portfolios surge 10.8 % to achieve SR75.45 billion ($20 billion), in accordance with the most recent figures launched by the Saudi Central Financial institution. Progress occurred throughout most indicators at various charges in 2022 — the interval lined by the report — with the entire […]
Top UN forum meets to ‘build political momentum’ for SDGs
[ad_1] The bold set of targets agreed in 2015 for individuals and planet have been derailed by the COVID-19 pandemic and escalating world crises. For the reason that adoption of the 2030 Agenda the world has undergone vital modifications, and progress in the direction of the SDG is falling behind as a consequence of monetary, […]
No negotiations over Al-Durra gas field until Iran demarcates borders: Kuwait oil minister
[ad_1] RIYADH: There is no such thing as a room for negotiations with Iran over the Al-Durra fuel discipline till it demarcates its personal maritime borders in accordance with worldwide legal guidelines, in keeping with the Kuwait oil minister. Saad Al-Barrak made the feedback as tensions over the resource-rich “Divided Space” elevated following Tehran’s announcement of […]
Turkiye aims to ensure fiscal discipline and lower budget deficit: finance minister
[ad_1] RIYADH: Saudi Arabia’s finance firms have seen their collective portfolios surge 10.8 % to succeed in SR75.45 billion ($20 billion), in keeping with the most recent figures launched by the Saudi Central Financial institution. Development occurred throughout most indicators at various charges in 2022 — the interval coated by the report — with the […]
Japan gas lobby looks to PM’s Middle East trip for stable supply
[ad_1] TOKYO: Japan Gasoline Affiliation Chairman Takahiro Honjo stated on Monday he hoped that Prime Minister Kishida Fumio’s deliberate Center East journey this month will assist Japan guarantee secure provides of liquefied pure gasoline and different fuels. Useful resource-poor Japan is attempting to beef up its power safety because it stays extremely depending on oil and LNG […]
OECD revises Saudi Arabia’s growth outlook upward to 2.9% for 2023
[ad_1] International agricultural commerce to develop at slower fee of 1.3% this decade: UN report RIYADH: With the middle-income nations seeing slower development in demand, the worldwide commerce in agricultural commodities is estimated to develop at 1.3 p.c yearly, half the recorded tempo within the previous decade, in response to a UN report. Of their 2023-2032 outlook, the […]
Saudi Ministry of Commerce issues more than 56,000 commercial registers in Q2
[ad_1] RIYADH: Oil costs dipped on Monday as traders tread cautiously forward of recent financial information from prime customers within the US and China this week, although anticipated crude provide cuts from Saudi Arabia and Russia restricted losses. Brent crude futures fell 55 cents, or 0.7 p.c, to $77.92 a barrel by 9:30 a.m. Saudi time. […]
Oil Updates — crude eases ahead of China, US data, but OPEC+ cuts limits slide
[ad_1] RIYADH: Oil costs dipped on Monday as traders tread cautiously forward of recent financial knowledge from prime customers within the US and China this week, although anticipated crude provide cuts from Saudi Arabia and Russia restricted losses. Brent crude futures fell 55 cents, or 0.7 p.c, to $77.92 a barrel by 9:30 a.m. Saudi time. […]
Startup Wrap — regional funding continues to rise with a flurry of new deals
[ad_1] RIYADH: Because the Kingdom continues to remodel each economically and socially, ushering in a bunch of latest institutes, ministries and mega and giga-projects, a big section in its change is development within the personal sector. In February this yr, the non-oil aspect of this witnessed its highest development since 2015, with the Kingdom’s Buying […]
Oil Updates — US drillers add oil and gas rigs for first time in 10 weeks
[ad_1] RIYADH: Because the Kingdom continues to rework each economically and socially, ushering in a bunch of latest institutes, ministries and mega and giga-projects, a big phase in its change is progress within the personal sector. In February this yr, the non-oil ingredient of this witnessed its highest progress since 2015, with the Kingdom’s Buying […]
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