Economy 1352
Saudi construction sector ‘running hot’ thanks to giga-projects and infrastructure developments: RICSÂ
[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 […]
Saudi Red Sea Authority joins with Monaco entities to promote marine activities  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 gas investor confidence on the bourse, fairness analysts mentioned. Â The nation on June 30 secured a […]
Saudi Arabia to extend 1m bpd oil output cut through SeptemberÂ
[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 […]
Saudi Arabia commits to step up efforts to fight marine pollution: ministerÂ
[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 gas investor confidence on the bourse, fairness analysts mentioned. Â The nation on June 30 secured a […]
Oil slips as US ratings downgrade offsets supply concernsÂ
[ad_1] LONDON: Oil slid additional on Thursday after dropping sharply from greater than three-month highs within the earlier session as a US authorities credit score downgrade weighed on sentiment, whereas issues round provide tightness supplied assist. Scores company Fitch on Wednesday downgraded the principle US credit standing, reflecting an anticipated fiscal deterioration in addition to […]
Oman Investment Authority’s assets surge 12% to $46.5bn
[ad_1] RIYADH: Whole property of Oman’s sovereign wealth fund elevated 12 % to just about 17.9 billion Omani rials ($46.50 billion) in 2022 in comparison with 15.98 billion rials in 2021, based on a report issued by the nation’s funding authority, on Wednesday.  The Oman Funding Authority mentioned in its annual report that the […]
UAE’s non-oil economy remains strong in July as PMI stands at 56
[ad_1] RIYADH: The UAE’s non-oil financial system witnessed sturdy progress originally of the second half of 2023, with corporations rising their hiring and shopping for actions, regardless of a softer upturn in gross sales, an financial tracker revealed.   In keeping with the seasonally adjusted S&P World UAE Buying Managers’ Index, the nation’s PMI stood at […]
Turkish inflation ticks up in July at 47.83%Â
[ad_1] Pakistan’s inventory market closes at highest stage in 6 years amid rising investor confidence KARACHI: Pakistan Inventory Change’s (PSX) key index on Wednesday closed at 48,765 factors, the best stage it has crossed in six years, with analysts attributing bullish sentiments to elements akin to Islamabad’s take care of the Worldwide Financial Fund (IMF) […]
GCC-Singapore economic relations set to prosper as officials meet in Riyadh  Â
[ad_1] Pakistan’s inventory market closes at highest degree in 6 years amid growing investor confidence KARACHI: Pakistan Inventory Trade’s (PSX) key index on Wednesday closed at 48,765 factors, the very best degree it has crossed in six years, with analysts attributing bullish sentiments to components akin to Islamabad’s cope with the Worldwide Financial Fund (IMF) […]
Talks continue on free trade deal set to boost UK-GCC commerce by 16%Â
[ad_1] Pakistan’s inventory market closes at highest stage in 6 years amid rising investor confidence KARACHI: Pakistan Inventory Trade’s (PSX) key index on Wednesday closed at 48,765 factors, the very best stage it has crossed in six years, with analysts attributing bullish sentiments to elements comparable to Islamabad’s cope with the Worldwide Financial Fund (IMF) […]
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