Trending
- Sudan’s Conflict and resulting Starvation
- UNSC to hold meeting to discovery of mass graves in Gaza
- Iran, Egypt Discuss Gaza Crisis
- International Criminal Court warns against ‘retaliation threaten’
- Northern Gaza is facing widespread famine that might spread
- Saudi Arabia initiates anti-dumping probe into steel imports from China and Taiwan
- Saudi minister concludes Beijing visit, strengthening ties in real estate development
- Qatar: PPI industrial sector decreases by 1.10% in March
Economy
The investigation aims to address concerns regarding the potential dumping of these products into the Saudi market, which may be harming the domestic steel industry
Both nations expressed keen interest in leveraging Chinese advanced construction technology for Saudi Arabia’s infrastructure projects
Doha, Qatar: The Producer Price Index (PPI) of the Industrial sector for March 2024 is estimated at 113.13 points showing a decrease of 1.10%, when compared to the previous month’s February 2024.
While the crude prices are 7% higher now than at the end of 2023, they are down nearly 20% from September’s highs.
In a report on the World Economic Outlook, which is published once every three months, the international monetary body said that Iran registered a 5.4% economic growth in 2023, showing a considerable increase compared to a year earlier.
Dubai has launched the ‘Dubai International Growth Initiative,’ allocating $136 million (Dh 500 million) to accelerate the expansion of small and medium-sized enterprises (SMEs) established in Dubai into global markets.
21 percent of firms surveyed expect to lower their employees’ salaries – a surprising trend given the increased demand for talent
Total gold demand hit a record last year and is expected to rise again in 2024 as the Federal Reserve moves toward cutting interest rates, potentially aiding prices, according to the World Gold Council.
Nigeria, the nation with the highest rate of cryptocurrency adoption after India, allowed lenders to deal with companies providing digital tokens, reversing a ban the central bank introduced in 2021, the BusinessDay reported.
Mideast Discourse is a news website specialised on the latest events and developments in the Middle East and the world, and it is in Both languages Arabic and English.
