Page 2 - Economic Projects News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Rates markets are now pricing in a 75-bps rate hike by the Federal Reserve on Wednesday.

SAR 327.9 Billion on Economic Projects under its  10th Development Plan (2015-2019) and is trying to uplift its Non Oil manufacturing sectors by launch of National Industrial Development and Logistics Program expected to increase the volume of non-oil exports to over SAR 1.0 Tn and generate 1.6 million new jobs by 2030. Launch of Digital Platforms by Saudi Custom Authority has streamlined  80% of the freight to be cleared within an average time of 24 hours and  reduced the Clearance time by 60% resulting in Logistics Companies to focus on their Automation Process and Core competencie...

Fed may convey optimism on US economy despite stimulus deadlock 268 WASHINGTON, Dec 13, 2020 (BSS/AFP) – After a year in which the Federal Reserve pushed out unprecedented lending to support the economy while pleading for government stimulus that never came, central bankers could show early signs of optimism next week. The policy-setting Federal Open Market Committee (FOMC) will open its final meeting of 2020 on Tuesday, capping a year that saw the world’s largest economy contract massively due to Covid-19, and Joe Biden oust President Donald Trump in the November presidential election. T...