By Le Figaro with AFP Published on 03/29/2023 at 4:39 p.m.update on 03/29/2023 at 6:56 p.m. This content is not accessible. US commercial stocks fell by 7.5 million barrels. Photocreo Bednarek / stock.adobe.com Commercial crude oil reserves fell sharply to everyone’s surprise last week in the United States, according to figures released Wednesday by the … Read more
Abu Dhabi – Mubasher: The UAE Central Bank expected inflation to slow down during the current year 2023 to 3.2%, on the back of weak price increases in all categories, especially transportation, food and beverages. The Central Bank also expected in its recent report that inflation will remain on the rise, given that it is … Read more
Dubai – Mubasher: A report issued by EZDubai, the area entirely dedicated to e-commerce in Dubai South, expects the size of the e-commerce market in the Middle East and North Africa region to reach $57 billion in 2026, equivalent to a compound annual growth rate of 11% during the period from 2022 to 2026. According … Read more
By Le Figaro with AFP Posted on 03/28/2023 at 05:11 This content is not accessible. White House Trade Ambassador Katherine Tai. ADRIANO MACHADO / REUTERS The United States and Japan signed an agreement on Tuesday 28 March aimed at strengthening “supply chains for critical minerals and batteries for electric vehicles” and strengthen exchanges between the … Read more
Al-Marsad Newspaper: Schools in the Eastern Region witnessed a noticeable absence of male and female students of various educational levels, with the first day of study in the holy month of Ramadan. The absence rate in most schools exceeded 70% of the total number of students, as the school day began at 9:30 am with … Read more
Turbulence in the banking sector could “weigh” on the economy, nevertheless warned the US central bank. Par Pierre-Yves Dugua Published on 03/22/2023 at 7:12 p.m.update on 03/22/2023 at 7:38 p.m. This content is not accessible. The Fed’s main policy rate is now in a range of 4.75 to 5%. Claudio Divizia / stock.adobe.com On alert, … Read more
By Le Figaro with AFP Published on 03/15/2023 at 6:10 p.m. This content is not accessible. This increase occurs despite a sharp acceleration in refinery activity. maxximmm / stock.adobe.com Commercial stocks of crude oil resumed their rise last week in the United States, according to figures published on Wednesday by the American Energy Information Agency … Read more
By Le Figaro with AFP Published on 03/15/2023 at 15:01 This content is not accessible. Over one year, the rise in prices slowed markedly, to 4.6%, against 5.7% in January. Grispb / stock.adobe.com Wholesale prices in the United States, which measure theinflation on the producer side, fell in February compared to January, due in particular … Read more
By Le Figaro with AFP Published on 03/15/2023 at 14:06 This content is not accessible. The index measuring the evolution of this activity fell by 19 points, to fall to -24.6 points, according to the monthly Empire State survey. Leah Millis / REUTERS Manufacturing activity in the New York area, in the northeastern United States, … Read more
And Egypt and the Emirates are retreating Mubasher – Mahmoud Jamal: The Arab financial markets witnessed varying ups and downs at the end of the weekly trading, which coincided with the assertion of US Federal Reserve Chairman Jerome Powell, before Congress, that the Central Bank will likely have to increase interest rates more than expected … Read more