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Economy

Saudi lender Bank Albilad posts 25% growth in Q1 profit

Follow-ups -eshrag News: Egypt In-Focus —Suez signs $3bn green energy deal; IMF revises up growth outlook CAIRO: Egypt is setting…

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Economy

Russian bank asks for $201m loan repayment from mining firm Petropavlovsk

Follow-ups -eshrag News: Macro Snapshot — Canadian inflation surges to 31-year-high; US mortgage interest rates skyrockets RIYADH: Canada’s annual inflation rate accelerated…

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Economy

World Bank planning new $170bn crisis fund, says Malpass

Follow-ups -eshrag News: China’s economy likely to remain in recovery; Morocco’s GDP growth seen lower than predicted — Macro Snapshot RIYADH: Morocco…

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Economy

Saudi Arabia converts $300 million deposit with Mauritania central bank into soft loan

Follow-ups -eshrag News: China data to show sharp March deterioration as COVID bites; Turkish house sales rise — Macro Snapshot…

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Economy

IMF-World Bank Spring Meetings convene on Monday

Follow-ups -eshrag News: RIYADH: Saudi stocks ended the previous trading week higher, outperforming fellow Middle Eastern bourses despite a drop…

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Economy

SICO Saudi REIT raises loan limit with Riyad Bank to fund acquisitions

Follow-ups -eshrag News: TASI falls, Nomu up; Methanol Chemicals Co. top gainer — Closing bell RIYADH: At the closing bell on Wednesday, the Saudi main…

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Economy

US consumer inflation hits four decade high; World Bank cuts South Asia growth forecast  — Macro Snapshot

Follow-ups -eshrag News: RIYADH: The US consumer inflation hit another four-decade high in March when it reached 8.5 percent in…

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Economy

TASI, Nomu gain; bank shares rally — Closing bell

Follow-ups -eshrag News: Profits of Saudi Arabian banks to increase by 13% from potential interest rate hike: S&P RIYADH: Banks…

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Economy

Saudi lender Bank Albilad to increase its capital to $2.6bn

Follow-ups -eshrag News: Oil Updates — Crude prices up again; banks halt credit for Rosneft-backed Indian refiner RIYADH: Oil prices…

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Economy

Ongoing war to shrink Ukraine economy 45%, World Bank says

Follow-ups -eshrag News: ANKARA: Turkish authorities are considering raising the share of foreign currency revenues that exporters are required to…

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