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Economy

SAMA among Gulf central banks to mirror US Fed 25 bps interest rate hike  

Follow-ups -eshrag News: RIYADH: The Saudi Central Bank has increased its interest rate by 25 basis points to 5.25 percent,…

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Economy

Oil Updates — Crude eases; BP’s head of crude trading to retire; Petrobras leapfrogs oil majors in dividend payouts

Follow-ups -eshrag News: RIYADH: Saudi Arabia’s main stock market edged down on Tuesday, even as positive earnings reports continued to…

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Economy

Swiss central bank plans 50 bps rate hike in Sept; Fed expected to stick to a 75 bps hike — Macro Snapshot 

Follow-ups -eshrag News: India In-Focus — HDFC Bank’s Q2 profit soars; Crop planting ramps up in India; Israel sells Haifa…

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Economy

Egypt’s central bank, citing inflation, hikes interest rates 200 bps

Follow-ups -eshrag News: Macro Snapshot — Eurozone swings to current account deficit; Australia boasts lowest unemployment since 1974  RIYADH: The eurozone recorded…

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Economy

Gulf central banks raise rates as Fed hikes by 50 bps

Follow-ups -eshrag News: RIYADH: Saudi banks are betting big on the digital future. In the first three months of 2022,…

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