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Economy

Macro Snapshot —Fed expected to fight inflation with rate hike; French services sees strong growth

Follow-ups -eshrag News: RIYADH: The US Federal Reserve is expected to raise interest rates as it combats inflation levels, while …

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Economy

China In-Focus — Alibaba stock recovers after fall; Covestro sees China lockdown blow in Q2

Follow-ups -eshrag News: India In-Focus — 59m shares reserved in LIC IPO; Zepto raises funds at $900m valuation MUMBAI: The initial public offering of Life Insurance…

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Economy

Egypt In-Focus — Suez Canal sees record monthly revenue; Under-35s are half of fintech founders

Follow-ups -eshrag News: Mon, 2022-05-02 14:08 Egypt’s Suez Canal recorded its highest monthly revenue to date in April, reaping $629…

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Economy

Saudi March bank credit to private sector sees highest increase in year: SAMA

Follow-ups -eshrag News: SINGAPORE: Oil prices were mixed on Friday as China’s COVID-19 lockdowns weighed on the outlook for crude…

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Economy

Russia sees its oil output falling by up to 17% in 2022: document

Follow-ups -eshrag News: Author:  Wed, 2022-04-27 12:51 Russia may see its oil production fall by as much as 17 percent…

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Economy

Macro Snapshot — US sees rising mortgages rates; China may lower lending rates

Follow-ups -eshrag News: RIYADH: US single-family homebuilding tumbled in March as soaring mortgage rates increased costs, but residential construction remains…

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Economy

Decentralized finance project Beanstalk Farms sees $182m loss after loan attack  

Follow-ups -eshrag News: Mon, 2022-04-18 16:01 RIYADH: Decentralized credit-based stablecoin protocol Beanstalk Farms has lost $182 million as a result…

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Economy

SABIC’s Yansab sees 33% profit drop in Q1 despite higher revenue

Follow-ups -eshrag News: RIYADH: A boom year for Saudi oil giant Aramco pushed the collective profits of GCC-listed firms to…

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Economy

Saudi retailer eXtra sees 20% profit jump in Q1 on higher sales

Follow-ups -eshrag News: RIYADH: Who would have thought that a day would come when a neighborhood girl in Riyadh could be…

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Economy

SNB Capital sees profit leaps for SABIC, Al Rajhi Bank in Q1 2022

Follow-ups -eshrag News: Post-trade services boosted as Tadawul implements largest enhancements in Saudi capital market’s history RIYADH: Tadawul Group, operator…

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