Browsing: market

Oman’s economy has rebounded significantly after its GDP nosedived 3.4% – or RO1bn – during the pandemic: H E Saeed bin Mohammed al Saqri

A number of tankers with Sokol grade oil have reportedly been stranded off the coast of India due to Western sanctions

RIYADH: Arab-Turkish economic relations are continuing to progress at all levels, with the volume of intra-trade standing at $55 billion, as stated by the secretary-general of the Union of Arab Chambers.  

MOSCOW, February 22. /TASS/. The average maximal interest rate for ruble deposits with the ten Russian credit institutions having the maximal amount of private deposits gained 0.03 percentage point and was equal to 14.86% in the second ten-day period of February 2024, the Central Bank of Russia said.

The value of Greece’s imports from Russia totaled 2.446 bln euro, which is 73.8% less than during the period from January to December 2022

The troubled aircraft has seen a new wave of groundings and safety checks in light of last month’s midair blowout

The increase observed in exports mainly concerns the agro-food industries sector (+66.2%) following the sharp increase in sales of olive oil

According to the Russian Ministry of Industry and Trade, truck sales in Russia surged by 74% to 140,200 in 2023

An estimated $61bln export opportunity for India to the key MENAT markets, with top destinations including the UAE, Saudi Arabia and Turkey

S&P Global Ratings also noted that some UAE banks achieved record profits in 2023 due to strong credit growth in a rising interest rate environment