Bank of England keeps interest rates unchanged, warns of rising inflation
The BoE not only refrained from increasing rates like its global peers...
Category Economy
Inflation, energy shock unsettle investors as equity fund outflows hit nine-month high
As per the LSEG Lipper data, investors withdrew a net USD 23.21...
UAE to invest 40 billion euro in Germany as Berlin looks for new geopolitical partners
The 40-billion-euro (USD 46.48 billion) sum will complement the UAE's existing investment...
Kenya to get USD 400 million World Bank assistance to fight Ebola, El Nino
Kenya applied for the World Bank's emergency financing facility, known as a...
GBO
Magazine
ICP: Advancing Saudi Arabia’s industrial edgeSince its launch, the ICP has begun delivering tangible results across the industrial sector...
Iran war derails South African economy as GDP shrinks in second quarter
The GDP contracted 0.2%, mainly driven by output falls in the mining...
With dual-tranche dollar sukuk, Saudi returns to international Islamic debt markets
The five- and 10-year Islamic bonds give the Kingdom access to international...
G20 meet: Saudi finance minister sounds caution over global economy’s health
Mohammed Al-Jadaan's comments came against the backdrop of a renewed flare-up in...
AI’s rapid advance threatens global financial stability, says key watchdog
FSB Chair Andrew Bailey said AI systems were acquiring sophisticated problem-solving abilities...
Former FX diplomat sees red as Japan spends record USD 96.5 billion to support yen
Yen's ongoing weakness is threatening profits at Japan's heavyweight exporters, apart from...
AI effect? One in three British employers have cut entry-level jobs, says survey
As per the survey of Lancaster University's Work Foundation, almost half of...