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English / العربية / Français / Eλληνικά

Economy

Gold Under Pressure

Gold Under Pressure Market comments on behalf of Inki Cho Financial Markets Strategist Consultant to Exness Gold slid after recording three sessions of gains and hitting a month-high as the market positions for a third consecutive weekly gain. The bullish momentum was supported by recent US economic indicators as traders reacted to in flation and retail sales figures. Furthermore, comments from Fed Governor Christopher Waller suggested the possibility of...

Inflation Data Weighs on the Dollar

Inflation Data Weighs on the Dollar by Rania Gule, Senior Market Analyst at XS.com – MENA The USD/JPY pair witnessed a significant drop, starting Thursday’s session around the 155.00 level, near the lower boundary of the short-term descending channel. This decline came after U.S. inflation data showed a slowdown in core inflation, triggering a dollar sell-off and prompting investors to seek refuge in the Japanese yen. This...
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Four Myths Obscuring Cybersecurity’s Full Value

Four Myths Obscuring Cybersecurity’s Full Value Four common myths are obscuring the full value of cybersecurity for the enterprise and inhibiting security program effectiveness, according to...

Achievements in Driving Sustainable Development in Member Countries in 2022

Achievements in Driving Sustainable Development in Member Countries in 2022 Islamic Development Bank (IsDB) President and Group Chairman, H.E. Dr. Muhammad Al Jasser, and Minister...

Dulsco Group Improves Safety through its DriveSafe Telematics (GreenRoad) Initiative

Dulsco Group Improves Safety through its DriveSafe Telematics (GreenRoad) Initiative Dulsco Enhances Road Safety with Cutting-Edge Initiative The Dulsco Group has enhanced its road safety performance...

The Potential of ChatGPT & Generative AI in Enterprise Environments

The Potential of ChatGPT & Generative AI in Enterprise Environments Infor is cautiously optimistic about the potential for OpenAI’s ChatGPT and other Generative AI models...

Market Cap of Five Largest Gaming Companies Jumped by $20B YTD

Market Cap of Five Largest Gaming Companies Jumped by $20B YTD After a challenging 2022 and their stock values falling to a seven-year low, 2023...

Global deal activity plummets by 43.1% YoY in February 2023

Global deal activity plummets by 43.1% YoY in February 2023 Global deal activity across all regions and types suffered a massive 43.1% decline in February...

First 5G network trial to digitalise onshore drilling for oil & gas vertical

First 5G network trial to digitalise onshore drilling for oil & gas vertical Etisalat by e& UAE today announced the successful trial of 5G  network...

S&P 500 index loses over $4.4 trillion in one year to January 2023

S&P 500 index loses over $4.4 trillion in one year to January 2023 The aggregate market cap of the Standard and Poor's 500 (S&P 500)...

Etisalat launches the MENA region’s first enhanced 5G Standalone

Etisalat launches the MENA region's first enhanced 5G Standalone etisalat by e& today announced the first commercial deployment of comprehensive 5G Stand-Alone (SA) network in the...

APIC achieves net profits of USD 30.5 million in 2022

APIC achieves net profits of USD 30.5 million in 2022 Arab Palestinian Investment Company (APIC) announced its consolidated preliminary (unaudited) financial results for 2022. In...

Increase in the Industrial Production Index (IPI) in Palestine

Increase in the Industrial Production Index (IPI) in Palestine The overall IPI in Palestine with its Base Year (2019 = 100) reached 108.50 in...

Global NFT Sales Slumped 76% YoY to $638M in December

Global NFT Sales Slumped 76% YoY to $638M in December The once-booming NFT market is down by nearly every trackable metric as nonfungible tokens continue...