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Saudi crown prince exchanges Eid greetings with Turkish president, Sultan of Oman

RIYADH: Saudi Crown Prince and Prime Minister Mohammed bin Salman received telephone calls on Tuesday from the president of Turkiye and the Sultan of Oman, during which the two leaders congratulated him on the advent of Eid Al-Fitr, the Saudi Press Agency reported. The crown prince and Turkish President Recep Tayyip Erdogan also discussed bilateral relations between their countries, including ways. ....

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Egypt's inflation slows to 33.1% in March

RIYADH: A drop in the price of cereals, bread, and vegetables saw Egypt’s urban consumer price inflation rate slow to 33.1 percent in March from 36 percent in February, Data released from the country’s Central Agency for Public Mobilization and Statistics, showed that month-on-month prices rose by 10 percent in the third month of 2024, down from an 11.4 percent increase in the. ....

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Ringgit ends lower vs US dollar on strong nonfarm payroll data

KUALA LUMPUR: The ringgit ended lower against the US dollar as the greenback strengthened following higher-than-expected US nonfarm payroll (NFP) data, said an analyst. ....

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Bank Negara: Coordinated efforts have strengthened the ringgit, no plans for capital controls

KUALA LUMPUR: Ongoing coordinated efforts by government-linked companies (GLCs), government-linked investment companies (GLICs), Malaysian corporates and businesses have strengthened the ringgit, Bank Negara Malaysia (BNM) said today. ....

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