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October 24, 2023
RIYADH: The UAE has witnessed a surge in non-oil trade with nations participating in China’s ambitious Belt and Road Initiative, reaching $305 billion in the first half of 2023, revealed a senior minister. UAE’s Minister of Economy Abdulla bin Touq Al-Marri said this figure accounts for 90 percent of the Gulf nation’s non-oil trade during the same period. ...
October 24, 2023
KUALA LUMPUR: The ringgit made a correction from its oversold position to end Tuesday on a positive note against the US dollar.
October 24, 2023
STOCKHOLM, Oct 24 — Swedish Prime Minister Ulf Kristersson today said it is gratifying that Turkiye President Tayyip Erd......
October 23, 2023
KUALA LUMPUR: The ringgit extended its decline to close lower against the US dollar on Monday as the 10-year US Treasury yield hit 5 per cent while geopolitical tension in the Middle East further spurred a risk-off sentiment.
October 23, 2023
RIYADH: Saudi Ambassador to Ghana Sultan bin Abdulrahman Al-Dakhil on Sunday presented his credentials as the non-resident envoy to Togo, the Saudi Press Agency reported. President of Togo Faure Gnassingbe received Al-Dakhil in the West African country’s capital city of Lome after having also recently met with Saudi Minister of State for Foreign Affairs Adel Al-Jubeir. Al-Jubeir expressed Saudi Arabia’s gratitude...
October 23, 2023
KUALA LUMPUR: Bank Negara Malaysia (BNM) will do whatever is necessary to ensure the ringgit continues to adjust in an orderly manner, which allows businesses to be facilitated as well.
October 23, 2023
The Real Reason Why the West Supports Israel Against the Palestinians - Video :: The Market Oracle ::
October 23, 2023
RIYADH: Sultan bin Abdulrahman Al-Marshad, the CEO of the Saudi Fund for Development, on Monday met Olivia Rwamba, Burkina Faso’s minister of foreign affairs and regional cooperation, and her accompanying delegation in Riyadh, the Saudi Press Agency reported. The meeting looked at relations between the SFD and Burkina Faso over the last four decades, and ways to boost cooperation in...
October 23, 2023
It touched ¥150.11 per the greenback in early Asian trading on Monday before quickly recovering.
October 22, 2023
RIYADH: Saudi Arabia’s spending through point-of-sales terminals in August increased 10 percent to SR54.6 billion ($14.56 billion) compared to the year-ago period, according to the apex bank. The Saudi Central Bank, also known as SAMA, said that the key objective of the Financial Development Program is to promote digital payment solutions in transforming the Kingdom into reaching 70 percent non-cash...