Business

Al-Shall suggests weak economic growth is likely to persist

Al-Shall’s weekly economic report delves into the International Monetary Fund’s (IMF) outlook outlined in its January 30 report regarding the…

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Georgieva sees greater risk to world economy if …

International Monetary Fund Director Kristalina Georgieva announced on Thursday that the Fund sees a greater risk to the global economy…

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Egyptian sovereign dollar bonds see rise

Egyptian sovereign dollar bonds experienced a rise of more than a cent after the International Monetary Fund indicated progress in…

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Federal Reserve opts to keep interest rates unchanged

During its initial meeting of the year, the Federal Reserve opted to keep interest rates unchanged. The likelihood of a…

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CMA says decision of listing of MREC stock on KSE will not be canceled

In the context of its ongoing commitment to safeguarding the investing public and ensuring compliance with relevant laws and regulations,…

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Several factors may threaten the prospects of Gulf banks

Standard & Poor’s credit ratings agency expected Gulf banks to maintain strong credit growth and profitability in 2024, but it…

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Gulf bonds, sukuks worth $95.3 billion issued in 2023

The annual report titled ‘Gulf Bond and Sukuk Markets in 2023’ has been released by the Kuwait Financial Center “Markaz.”…

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Banks set higher ceiling for cash deposits for exchange companies

There are banks that currently not only ask the customer about the source of his money, but also inquire from…

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IMF revises its global growth forecast to 3.1 percent for this year

The International Monetary Fund (IMF) has revised its global growth forecast for 2024 to 3.1%, highlighting the “resilience” observed in…

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AUM promotes innovation through diverse academic programs

As part of its series of seminars on entrepreneurship, the American Middle East University (AUM) recently hosted a session titled…

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