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Economy

TASI declines ahead of Fed rate decision: Opening bell

Follow-ups -eshrag News: Wed, 2022-09-21 10:40 RIYADH: Saudi Arabia’s main index started lower on Wednesday as investors prepared for another…

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Economy

Oil prices drop in advance of expected Fed rate hike

Follow-ups -eshrag News: Tue, 2022-09-20 19:35 NEW YORK: Oil prices dipped on Tuesday, following other risk assets lower, as the…

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Economy

Inflation in Kingdom still within a reasonable rate, says central bank chief

Follow-ups -eshrag News: RIYADH: Al Rajhi Bank, the Kingdom’s largest valued lender, has announced increasing its ownership in Al Rajhi…

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Economy

Saudi Arabia’s 2022 GDP to grow at highest rate in 10 years: S&P 

Follow-ups -eshrag News: Egypt’s Suez Canal raises to transit fees for ships by 15% in 2023 as inflation bites RIYADH: Egypt’s…

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Economy

Saudi Arabia’s contactless payment penetration rate is ‘94% of all digital transactions’

Follow-ups -eshrag News: CAIRO: In a post-pandemic era, people have never been more aware of their wellness, including physical well-being and…

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Economy

Saudi Food Industries Polytechnic inks deal to raise localization rate

Follow-ups -eshrag News: RIYADH: Saudi Water Partnership Co. is currently working on 11 projects worth SR35 billion ($9.3 billion), scheduled…

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Economy

Saudi stocks falls as inflation data stokes rate hike fears: Opening bell

Follow-ups -eshrag News: Oil Updates — Crude down; OPEC sees pre-pandemic demand in 2023; Iran controls oilfield fire RIYADH: Oil…

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Economy

Saudi top banks’ quarterly profits rise 2.7% boosted by rate hikes, higher oil prices: Report

Follow-ups -eshrag News: Oil Updates — Crude climbs; Pyrenees pipeline not a priority for France; Indonesia hikes fuel prices RIYADH:…

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Economy

Macro Snapshot — Turkey’s central bank slashes interest rate; Spain’s trade deficit widens almost to $32bn 

Follow-ups -eshrag News: NRG Matters — Oman aims to produce 3,350MW electricity from renewables by 2027; Malaysian utility expedites energy transition…

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Economy

Arab economies expected to grow at a rate of 5.4% in 2022: AMF report

Follow-ups -eshrag News: Saudi banks’ import financing to private sector exceeds pre-pandemic levels to $10.6bn in Q2 CAIRO: Saudi Arabia’s…

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