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Economy

Saudi healthcare provider Al Hammadi hikes capital to $427m, appoints CEO

Follow-ups -eshrag News: RIYADH: Saudi Arabia is poised to become a regional fintech hub with the launch of open banking…

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Economy

Global Markets — Week of rate hikes has stocks on course for steepest slide since 2020

Follow-ups -eshrag News: SINGAPORE: World stocks headed for their worst week since markets’ pandemic meltdown in March 2020, as interest…

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Economy

Macro Snapshot — France sees positive economic growth in 2022; Fed to steam ahead on rate hikes 

Follow-ups -eshrag News: DUBAI: Global tourism has been facing the brunt of natural and man-made events, one after the other.…

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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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Economy

Egypt’s Suez Canal hikes transit fees for oil tankers to 15%

Follow-ups -eshrag News: Author:  Wed, 2022-03-23 17:30 CAIRO: Egypt’s Suez Canal Authority has temporarily raised a surcharge levied on tankers…

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Economy

Goldman Sachs sees five rate hikes in 2023

Follow-ups -eshrag News: Author:  Mon, 2022-03-21 09:56 NEW YORK: Goldman Sachs expects the Federal Reserve to raise interest rates five…

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Economy

Sugar rush: Russia probes price hikes and ‘unjustified’ shortages

Follow-ups -eshrag News: RIYADH: Gulf and UK central banks have raised interest rates, while economic growth in New Zealand has reemerged. The…

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Economy

Ukraine crisis: Saudi Arabia hikes oil prices

Follow-ups -eshrag News: RIYADH: AMAALA’s first phase will be completed by the end of 2024, according to Jay Rosen, group…

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Economy

What history tells us about the impact of Fed rate hikes on markets?

Follow-ups -eshrag News: RIYADH: The US Federal Reserve’s recent announcements to hike interest rates in March may have sent markets in…

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