Vehicles drive past the King Abdullah Financial District in Riyadh, Saudi Arabia. Reuters
RIYADH: Saudi Arabia’s non-oil private sector saw strong growth in both output and new orders at the start of the second quarter. Despite the improved demand environment and increased optimism among firms towards the outlook, employment showed little change.
The Riksbank, Sweden’s central bank, said it still expects to tighten policy around the turn of the year, surprising markets and sparking big gains in the long-suffering crown currency.
Saudi Arabia’s new Energy Minister, Prince Abdulaziz Bin Salman, said on Monday that oil production cuts would benefit all exporting nations. The minister signalled no major change in approach in Saudi Arabia.
Dubai Financial Market (DFM) on Thursday welcomed the listing of shares of Salik Company, the leading company in the field of traffic tariff systems
Dubai will transform into the ultimate digital epicentre of the world next month, as the UAE hosts the world’s largest tech show, converging the most advanced companies
Porsche AG shares made a strong start on Thursday after Volkswagen defied volatile markets to list the sports car brand at a valuation of 75 billion euros ($72 billion) in Germany’s second-biggest market debut.