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Central bank, job cuts

UAE’s Central Bank Lowers Interest Rates In Line With Fed cuts

The Central Bank of the UAE has lowered interest rates in line with the decrease in interest rates on the US dollar, following the...

E-Tadawul provides umpteen choices for investors

E-Tadawul, the online platform gives investors umpteen choices to invest in markets across the globe, says Hassan Ali Jawad, Managing Director, United Securities in...

Saudi Aramco Stocks Give Up About Half of Gains Since Debut

(Bloomberg) --Saudi Aramco shares extended their losses for a fourth session, reversing about half the gains accumulated from the rally following its historic trading...

10 Geopolitical Risks Looming Over Markets in 2020

(Bloomberg) --While many people are making lists of New Year’s resolutions or presents they’d like from Santa Claus, another much more intimidating tally has...

Revealed: UAE and Saudi Arabia Job & Salary Trends in 2020

Salaries are likely to witness an average rise of three per cent (3%) across sectors in Saudi Arabia in 2020. However, salaries will remain...

Gold’s impressive growth may spill to 2020

(Bloomberg) --Gold’s impressive advance in 2019 -- aided by trade war frictions, easier monetary policy across the world’s leading economies and sustained central-bank buying...
wealth, asian wealth

How a Math Whiz Built a $700 Million Fortune Without Humans

(Bloomberg) --When alumni of the New Economic School gathered in London in September for their first informal meeting outside Russia, the two-day program included...

Trade Woes Push IMF Global Growth Outlook to Decade-Low of 3%

(Bloomberg) --The International Monetary Fund made a fifth-straight cut to its 2019 global growth forecast, citing a broad deceleration across the world’s largest economies...

Is the World Economy Sliding Into First Recession Since 2009?

(Bloomberg) - The global economy is wobbling and whether it topples over is the big question in financial markets, executive suites and the corridors...

National Detergent Company included in MSM Industrial Index

National Detergent Company (NDC), one of Sultanate’s oldest and most respected companies, has been selected to be included in the Muscat Securities Market (MSM)...