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...
Middle East Business News and Magazine is Media Partner to:
Union for the Mediterranean “Women’s Socio-Economic Empowerment: Project for Progress” conference.
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For those working in the tourism sector, King Mohammed VI's announcement...
Doing Business in the Middle East:
Red Sea – Dead Sea Water Conveyor Project: Project outline, assessments and potential benefits to the Palestinian Territory - By Palestine...
Creative business involvement in social and economic development
Upon celebrating its 15th successful year in Palestine, the National Beverage Company pays homage to its customer-focused strategies...
The Global Entrepreneurship Monitor (GEM), in its essence, is a research programme developed jointly between the London Business School and Babson College in the...
Turkey has witnessed sustained economic growth during the last ten years, with the country achieving average growth of 5% during 2002-2012, despite the fact...
The ongoing transition in the Arab countries, particularly those in North Africa, requires both a re-assessment of the role of the state in economic...