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Economy

Germany faces $5.4bn a year hit from Russian gas sanctions: Report

Follow-ups -eshrag News: Macro Snapshot — France sees positive economic growth in 2022; Fed to steam ahead on rate hikes  RIYADH:…

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Economy

Saudi-US trade rises in 2021 to $24.7bn as non-oil exports hit record high, report shows

Follow-ups -eshrag News: Sun, 2022-06-05 09:04 RIYADH: The trade volume between Saudi Arabia and the US reached SR92.5 billion ($24.7…

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Economy

China In-focus: Logistics surges 3.6% to hit $15.95tr; lockdowns delay new iPhone development

Follow-ups -eshrag News: MENA Project Tracker: Jeddah Central Development appoints Modern Building Leaders for $20bn project RIYADH: Jeddah Central Development…

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Economy

Saudi energy minister says oil capacity may hit 13.4m bpd with increased output from Neutral Zone

Follow-ups -eshrag News: RIYADH: Saudi stocks reversed the prior session’s losses to start the week higher on Sunday, after oil…

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Economy

Saudi chemical giant SABIC achieves higher Q1 profit as sales hit $14bn

Follow-ups -eshrag News: DUBAI: There is something reassuring about a hotel brand that has lasted and flourished for over 100…

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Economy

Asian shares hit 7-week low as China doubles down on zero-COVID-19: Reuters

Follow-ups -eshrag News: Author:  Fri, 2022-05-06 09:37 Asian shares tumbled to their lowest in seven weeks on Friday and the…

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Economy

Ukraine war to hit North African economies as GCC set to record twin surpluses: Capital Economics

Follow-ups -eshrag News: Author:  Fri, 2022-05-06 10:10 Russia’s invasion of Ukraine has pushed up the cost of living in a…

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Economy

Fitch cuts China’s 2022 GDP forecast to 4.3 percent from 4.8 percent on COVID hit

Follow-ups -eshrag News: NRG matters — US to spend $3bn for EV battery manufacturing; Gas flow resumes in Yamal-Europe pipeline…

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Economy

US stocks gain, Treasury yields hit multi-year highs ahead of expected Fed rate hike: Reuters

Follow-ups -eshrag News: Commodities Update — Gold dips; Wheat slides; Peru’s inflation at 24-years high; Russia expects $200bn China trade RIYADH:…

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Economy

India In-Focus — Reliance calls off $3.4bn retail deal; Indonesian palm oil ban to hit India; UK-India free trade deal on cards

Follow-ups -eshrag News: China In-Focus — Shanghai’s economy slows in Q1; Driverless Pony.ai gains taxi license BEIJING: The economy of…

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