Day: September 18, 2024

Saudi Arabia’s Central Bank announced Wednesday it slashed the repurchase agreement (repo) rate by 50 basis points to 5.50 percent, and the reverse repo rate by 50 basis points to 5.00 percent.

A statement from the bank said the move comes in line wi…

SHARJAH: The Sharjah Economic Development Department (SEDD) is taking part in the seventh Sharjah Investment Forum (SIF 2024), organised by the Sharjah FDI Office, “Invest in Sharjah.”

The forum, focused on a futuristic vision for smart economies, of…

Qatari Diar has signed a strategic agreement with Qatar National Bank (QNB) Group to offer land loans for Huzoom Lusail project purchasers.

Under this agreement, investors and buyers will find flexible financing solutions to buy plots at one of the m…

SEOUL: The Republic of Korea’s car exports fell 4.3 percent on-year in August, data showed Thursday, although robust shipments of hybrid models limited the overall decline.

Yonhap News Agency quoted the Ministry of Trade, Industry and Energy as sayin…

The US Federal Reserve (the central bank) on Wednesday announced that it has cut interest rates by 50 basis points to a range of 4.75 percent to 5.00 percent.

The Fed’s decision to cut interest rates is the first of its kind since 2020, which puts an…

SHARJAH: Abdulaziz Ahmed Al-Shamsi, Director-General of the Sharjah Real Estate Registration Department, said that the Fourth Industrial Revolution brings both significant challenges and vast opportunities to various economic sectors, including real e…

The State of Qatar chaired the fifth extraordinary meeting of the Undersecretaries of Ministries of Industry of the Gulf Cooperation Council (GCC) countries, which was held today in Doha.

The meeting was attended by Their Excellencies, the Undersecre…