September 5, 2024

Oil prices fall by more than a dollar amid concerns about demand

Oil prices closed down by more than a dollar per barrel at the close of trading on Thursday.

Brent crude futures fell $1.05 at the close, or 1.42 %, to $72.70 per barrel. US West Texas Intermediate crude futures fell $1.14, or 1.62 %, to $69.20.

Tod…

CBE keeps key interest rates unchanged

The Central Bank of Egypt’s Monetary Policy Committee (MPC) decided Thursday 5/9/2024 to keep key interest rates unchanged. The decision leaves the overnight deposit, overnight lending, and main operation rates at 27.25%, 28.25% and 27.75% respectivel…

Kuwait investors maintain marked presence in Saudi market

Over recent years, many Kuwaiti companies have markedly proved their presence in the Saudi market by means of running investments in various sectors, contributing to the Saudi economic growth, diversification and prosperity, Kuwaiti companies are gen…