The Kingdom’s M3 money supply growth edged up to 12.3 percent year-on-year in June from a five-month low of 12.1 percent in the previous month, Saudi Arabian Monetary Agency (SAMA) data showed.
DUBAI: Bahrain Telecommunications Co.
AMMAN: Jordan’s Housing Bank for Trade and Finance, the country’s second largest lender, posted a 16.4 percent increase in first-half net profit to $86.2 million due to better utilization of funding i
DUBAI: Stock markets in the UAE rose oon the back of some strong second-quarter earnings reports and expectations for more of them, while Qatar and Egypt pulled back in thin trade before long breaks f
NEW YORK: It is symbolic that the recent BRICS summit in Fortaleza, Brazil, took place exactly seven decades after the Bretton Woods Conference that created the International Monetary Fund and the Wor
DUBAI: Arabtec, the construction company at the center of Dubai’s stock market turmoil, has reported an 11 percent rise in second-quarter profit, missing analysts’ estimates.
FRANKFURT: With the prospect of stiffer sanctions against Russia rattling confidence in Europe, investors will be looking to the United States and China to underpin the global economy.
DUBAI: Qatar’s state spending increased 12.7 percent last fiscal year, the lowest rate in 11 years, as slow growth in current expenditure offset a sharp rise in funds spent on infrastructure projects,
BEIJING: The top one percent of households in Communist-ruled China control more than one third of the country’s wealth, while the bottom 25 percent control just one hundredth, official media said, ci
SAN FRANCISCO: Personal data including text messages, contact lists and photos can be extracted from iPhones through previously unpublicized techniques by Apple Inc.
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