 |
Madinah room prices skyrocket during EidHotel room prices in Madinah, Saudi Arabia skyrocketed during Eid as thousands of visitors from across the kingdom travelled to the holy city for the holidays, said a report. The prices of accommodation in Madinah vary depending o More… |
 |
UAE raises May gasoline, diesel pricesThe UAE will raise domestic prices for gasoline and diesel in May after global oil prices increased, the ministry of energy said on Thursday. The price of a litre of octane 95 gasoline will rise to Dh1.67 ($0.46) at the start of n More… |
 |
Saudi fuel subsidy reforms are 'credit positive'Saudi Arabia has revealed a series of fuel-related subsidy reforms that are credit positive for the sovereign, as they will lower current expenditures and bolster government finances dented by the downturn in global oil prices, while reducing More… |
|
Saudi fuel subsidy reforms are 'credit positive'Saudi Arabia has revealed a series of fuel-related subsidy reforms that are credit positive for the sovereign, as they will lower current expenditures and bolster government finances dented by the downturn in global oil prices, while reducing More… |
 |
Uneasy calm in markets about upcoming US rate hikeAn "uneasy calm" prevails in financial markets about the first increase in US interest rates in almost a decade, which is widely expected later this month, the Bank for International Settlements said in its latest report. More… |
 |
Asia's factories still struggling as US rate hike loomsFactory activity deteriorated across much of Asia in November, with China sinking to a three-year low, as policymakers braced for an expected rise in US interest rates later this month that could jolt the global economy. Business More… |
|
Asia's factories still struggling as US rate hike loomsFactory activity deteriorated across much of Asia in November, with China sinking to a three-year low, as policymakers braced for an expected rise in US interest rates later this month that could jolt the global economy. Business More… |
 |
Saudi shipping firm Bahri posts big jump in Q3 profitNational Shipping Company of Saudi Arabia (Bahri), the exclusive oil-shipper for Saudi Aramco, reported a significant hike in third-quarter net profit on Thursday. The company's net profit for the three mon More… |
 |
India aims to curb airfare hikes during festivalsA steep rise in airfares during festive seasons in India has attracted the concern of Prime Minister Narendra Modi, said a report. Observing the trend of airlines hiking prices during festival seasons, India’s civil aviation More… |
 |
Dollar, US yields rise on rate-hike prospectsThe dollar traded near weekly highs and US Treasury yields rose on Thursday as US gross domestic product data showed a pick-up in consumer spending and encouraged bets that hikes in US interest rates will start as soon as September. More… |
