Turkish exports in May reached a total value of $21.659 billion, marking a significant increase of 14.4% compared to the same month last year, according to data from Reuters. The Turkish Statistics Authority released the figures on Friday, revealing that imports also saw a rise of 15.5% to reach $34.186 billion. However, despite the growth … Read more
Global gold prices have continued to decline, reaching their lowest level in nearly three months, following statements made by the US Federal Reserve President before Congress regarding a potential increase in interest rates early this year. During Thursday’s trading, gold prices fell by 0.2% in spot transactions, reaching $1929.21 an ounce, while the dollar index … Read more
Global oil prices experienced a decline in trading on Thursday due to increasing concerns among investors about the demand for crude from China, the second largest economy in the world. This decline was triggered by the confirmation from Jerome Powell, the Chairman of the US Federal Reserve, regarding the possibility of raising interest rates again … Read more
China’s imports of Russian oil have reached an all-time high, according to data from the General Administration of Customs in China. In May 2023, China imported a total of 9.71 million metric tons of oil from Russia, representing a 15.3% increase compared to the previous year. This translates to an average of 2.29 million barrels … Read more
UAE Banks Grant 11 Billion Dirhams in New Personal Financing in Q1 2023 Abu Dhabi – In the first quarter of this year, UAE banks provided 11 billion dirhams in new personal financing to individuals. The total balance of individual borrowing reached over 487 billion dirhams by the end of March, accounting for more than … Read more
Mubasher: Oil prices fell sharply today, Monday, amid anticipation of the Federal Reserve meeting later this week. US oil futures fell by more than 4% to $67.39 a barrel. This comes at a time when Goldman Sachs has lowered its forecast for the price of oil again this year, with increasing supplies and fears of … Read more
Abu Dhabi – Mubasher: The Emirates Central Bank’s possession of gold increased to 17.413 billion dirhams at the end of last March, from 15.910 billion dirhams By the end of February 2023, an increase of 1.503 billion dirhams. The Emirates Central Bank’s possession of gold increased by 38 percent at the end of last March, … Read more
Abu Dhabi – Mubasher: The balance sheet of the UAE Central Bank exceeded 560 billion dirhams at the end of last February, to record the highest level in its history. The UAE Central stated that its balance sheet rose during the month of February, on a monthly basis, by 0.8 percent, to reach 564.25 billion … Read more
Carlos Colombo is a name that may sound familiar to you if you are a regular YouTube user andif it sounds like you, you have surely heard the phrase with which it promises to help you migrate if you are a professional in some careers. Well, the man is known by many on social networks … Read more
Coronavirus in China Travelers at the check-in counter for international flights at Beijing Capital International Airport in Beijing: travel to Europe has not yet returned to normal. (Photo: dpa) Berlin The German economy is sounding the alarm in view of the sluggish issue of visas for business travelers from China and India to Germany. Specifically, … Read more