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...
Wall Street banks to report quarterly results
by Antonio Di Giacomo, Senior Market Analyst at XS.com
The quarterly earnings of several Wall Street banks will serve as a key indicator of market optimism following Donald Trump's election, which raised expectations for pro-business policies. This reporting period is crucial for understanding how financial institutions are navigating the current economic environment, especially after the volatility caused by political and...
Dubai unites tech disruptors at Fintech Surge and Future Blockchain Summit
The 4th edition of Future Blockchain Summit and the inaugural Fintech Surge proved their...
DUBAI ICOMIA Conference in Dubai: key international industry professionals
The ICOMIA World Marinas Conference 2021 (IWMC) held at The Address Dubai Marina, Dubai saw the...
Large MENA region perfume manufacturer turns digital and leads a $4.4B Fragrances Market by 2027
Ajmal Perfumes, one of the Middle East’s largest perfume manufacturers, is...
Privatisation in the Gulf: the key to both recovery and diversification?
With Saudi Arabia announcing plans to raise $55bn through its privatisation programme, other Gulf...
MENA M&A hits US$17.1 billion in Q1 2021
Refinitiv released the Middle East and North Africa investment banking analysis for the first quarter for 2021....
To Help Companies Prepare for Increased Risk of Covid-19 Cyberattacks
For the 4th year in a row, W7Worldwide is the communications partner of one of the biggest and...
MENA Mergers and Acquisition transactions totalled US$14.8 billion in Q1 2020
Refinitiv today released the 2020 first quarter investment banking analysis for the Middle East....
Posta Plus expands its presence in Oman and launches new services
Renowned Kuwaiti logistics solutions provider Posta Plus has announced the expansion of its...