Civil servants could be placed on temporary unemployment or forced to work without pay as early as Sunday. Soon to be temporarily laid off or forced to work without pay, civil servants in the United States received official notifications on Thursday, September 28, of the paralysis of the federal state budget, which will begin on … Read more
Al-Marsad newspaper – SPA: The General Authority for Statistics (GASTAT) issued today, through its official website, the labor market bulletin for the second quarter of 2023. Unemployment rate According to the results of this bulletin, the total unemployment rate (for Saudis and non-Saudis) decreased to (4.9%) compared to the first quarter of 2023 AD, and … Read more
In 2021, if your household income was $170,000, you could qualify for a purchase of $815,000, at the best rate, with the minimum down payment ($56,500). This fall, with the same income, you qualify for a property worth $680,000, under the same conditions (minimum down payment of $43,000). (Photo: 123RF) GUEST EXPERT. Are you renewing … Read more
Muhammad Shaker – Mubasher: The shares of 6 companies listed in the UAE financial markets, at the end of Tuesday’s trading session, acquired 42 percent of the liquidity achieved by the Dubai and Abu Dhabi stock exchanges. According to data from the UAE financial markets, the trading values of the six stocks recorded liquidity amounting … Read more
Live: Two officials at the US Federal Reserve explained that at least one more interest rate increase is possible, and that there is a need for high borrowing costs to continue for a longer period so that the bank can reduce inflation to return to its 2% target. Boston Federal Reserve Bank President Susan Collins … Read more
Noha Makram-Live- The Bank of Japan kept interest rates very accommodative on Friday and pledged to continue supporting the economy until inflation sustainably reaches its 2% target, indicating that it is in no rush to end its massive stimulus programme. Markets are focusing on the statements of Kazuo Ueda, Governor of the Bank of Japan, … Read more
Dubai – Mubasher: The value of trading of 27 brokerage companies operating in the Abu Dhabi and Dubai Financial Markets has recorded about 600 billion dirhams since the beginning of 2023. Brokerage companies’ trades were distributed at 467.9 billion dirhams, the value of trades in the Abu Dhabi market, and 136.5 billion dirhams in the … Read more
By Le Figaro with AFP Published on 09/15/2023 at 2:40 p.m., Updated on 09/15/2023 at 2:43 p.m. On the labor market side, indicators “point towards a slight decline in employment levels and the average length of the working week”. MTM / Manueltrinidad – stock.adobe.com Manufacturing activity in the highly industrialized New York region recovered unexpectedly … Read more
Live: Oil prices increased to their highest level during the year this week, continuing their rise, which strongly highlighted the possibility of returning to the level of $100 per barrel before the end of this year, according to the expectations of some analysts. Oil contracts have risen sharply this month so far, achieving the third … Read more
Noha Makram – Live – Oil prices rebounded on Thursday, as expectations of further cuts in crude oil production for the rest of 2023 outweighed fears of weak global growth and rising US inventories. The International Energy Agency said yesterday, Wednesday, that the Kingdom of Saudi Arabia and Russia’s continued reduction in their production will … Read more