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Tag: middle east business

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...

Wall Street banks to report quarterly results

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...
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New COVID-19 Law Lab to provide vital legal information and support for the global COVID-19 response

New COVID-19 Law Lab to provide vital legal information and support for the global COVID-19 response Launching today, the COVID-19 Law Lab initiative gathers and...

The Big Five US Tech Giants Hit $6.4trn in Market Cap, a 53% Jump in a Year

 The Big Five US Tech Giants Hit $6.4trn in Market Cap, a 53% Jump in a Year Tech stocks dramatically outperformed the broader market in...

Etihad Airways partners with sitata to launch interactive map with Covid-19 information

Etihad Airways partners with sitata to launch interactive map with Covid-19 information Etihad Airways, the national airline of the UAE, has partnered with Sitata, a...

Saudi Arabia among top 50 global countries in research share according to Nature Index Tables 2020

Saudi Arabia among top 50 global countries in research share according to Nature Index Tables 2020 In the Nature Index 2020 Annual Tables*, Saudi Arabia...

Technology sector stocks most profitable with 30% average ROI

Technology sector stocks most profitable with 30% average ROI Data gathered by Buyshares.co.uk indicates that the technology sector stocks are most profitable with a 30.65% ...

People living longer and healthier lives but COVID-19 threatens to throw progress off track

People living longer and healthier lives but COVID-19 threatens to throw progress off track All over the world, the COVID-19 pandemic is causing significant loss of life,...

UAE takes lead to set up unified legislative framework in Islamic finance

UAE takes lead to set up unified legislative framework in Islamic finance The UAE has launched an initiative to create a unified global legal and...

COVID-19 Puts Over Half of 2020 Passenger Revenues at Risk

COVID-19 Puts Over Half of 2020 Passenger Revenues at Risk The International Air Transport Association (IATA) released updated analysis showing that the COVID-19 crisis will...

Oil’s demand plunge doing more damage than the price war

Oil’s demand plunge doing more damage than the price war Imagine U.S. President Donald Trump makes a deal with Saudi Arabia and Russia to cut...

Ebola outbreak in the Democratic Republic of the Congo

Ebola outbreak in the Democratic Republic of the Congo That moment was the celebration of a woman being discharged from an Ebola treatment centre in Beni. Her...

Airbus introduces pioneer hybrid base station for Tetra and LTE

Airbus introduces pioneer hybrid base station for Tetra and LTE Airbus has introduced its brand new TB4 base station for the first time in the...

Russia counts on oil production growth as OPEC production cuts

Russia counts on oil production growth as OPEC production cuts As Russia’s statistic agency reports that 2019 was another year of record oil production, with...