Demand

Economy

Davos 2023: DP World forecasts further freight rate fall as demand slows

Follow-ups -eshrag News: Davos is the Middle East’s time to shine, says WEF’s head of MENA Maroun Kairouz DAVOS: With…

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Saudi news

The demand for Saudi dollar bonds exceeds 3 times the required

The Saudi Ministry of Finance issued $10 billion in bonds in three tranches yesterday. The pricing of the three tranches…

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Economy

Oil rises 1% as petroleum demand set to touch record next year

Follow-ups -eshrag News: Saudi construction sector continues growth with $6.7bn worth contracts in Q3 2022: Report RIYADH: The construction sector…

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Economy

China’s 2023 LNG demand likely to rise between 9-14%

Follow-ups -eshrag News: RIYADH: China’s liquefied natural gas demand is forecast to recover in 2023 as the country emerges from COVID-19…

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Economy

Oil Updates — Crude dips on dampening demand outlook; Somalia rejects Genel Energy’s claim to oil permits

Follow-ups -eshrag News: Closing Bell: TASI rises for the second day in a row; closes up 1.28% to 10,458 points…

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Economy

Oil Updates — Optimism over China demand pushes crude up; Putin responds to crude oil price cap

Follow-ups -eshrag News: Closing Bell: Saudi benchmark index rises 130 points as China relaxes quarantine norms RIYADH: Saudi Arabia’s Tadawul…

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Economy

Surge in capital demand to boost Saudi banks’ performance: Report

Follow-ups -eshrag News: RIYADH: Given that Saudi Arabia’s consumers are largely and naturally tech-savvy, it is hardly surprising that almost…

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Economy

Gasoline price surge fuels EV demand in Kingdom: KAPSARC

Follow-ups -eshrag News: RIYADH: Growing gasoline prices will play a significant role in increasing the demand for electric vehicles in the…

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Economy

Volkswagen prices Porsche shares at top tier range on strong demand

Follow-ups -eshrag News: Thu, 2022-09-29 15:49 RIYADH: Volkswagen-owned Porsche is set to price its initial offering of stock at the…

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Economy

Goldman cuts 2023 oil price forecast due to weakening demand outlook

Follow-ups -eshrag News: Wed, 2022-09-28 09:11 RIYADH: Goldman Sachs on Tuesday cut its 2023 oil price forecast due to expectations…

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