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Ringgit continues to appreciate vs USD at close

KUALA LUMPUR: The ringgit ended the week on a positive note, closing higher against the US dollar for the third consecutive session, boosted by positive sentiments on the advance estimates for Malaysiaโ€™s gross domestic product (GDP) that came in better than expected, said an analyst.
United Kingdom Kuala Lumpur Mohd Afzanizam Abdul Rashid Bank Muamalat Malaysia Bhd Department Of Statistics Malaysia Statistics Malaysia

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How the adoption of electric vehicles is driving Saudi Arabia's green agenda

RIYADH: Around the world, electric vehicles are already revolutionizing leisure, public transportation and logistics, shrinking the carbon footprint of travel, improving air quality and reducing pollution in the air, on land and in the sea. As Saudi Arabia embarks on a range of environmental initiatives designed to address the challenges posed by climate change and foster sustainable economic development, EVs...
United Kingdom Saudi Arabia Ar Riya Red Sea Djibouti General Saudi Arabia General

Saudi development fund agrees $50m loan deal with St. Vincent and the Grenadines

RIYADH: The Saudi Fund for Development signed a $50 million loan agreement with St. Vincent and the Grenadines on Friday to assist communities affected by natural disasters, Saudi Press Agency reported. The deal was signed by SFD CEO Sultan Abdulrahman Al-Marshad and Camillo Gonsalves, finance minister of St. Vincent and the Grenadines, during the 2024 spring meetings of the World...
Al Baha Region Al Ba Ah Saudi Arabia Ar Riya Al Baha Ahmed Hanash

Automobile Exports FY24: Automobile exports under stress in FY24, dip 5.5%, ET Auto

Automobile Exports FY24: “The decline is owing to the ongoing geopolitical issues including the Russia-Ukraine and Israel-Gaza conflicts and some countries where we are very strong in two wheeler and commercial vehicle exports are facing foreign exchange (forex) issues,” Vinod Aggarwal, President, Society of Indian Automobile Manufacturers (SIAM) told ETAuto.
Israel General Vinod Aggarwal Society Of Indian Automobile Manufacturers Indian Automobile Manufacturers Automobile Exports Fy24 Automobile Exports

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