Fitch adjusts its forecast for the price of Brent crude for the year 2024
Direct: Fitch Ratings Agency revised its short-term forecasts for oil prices, attributing this to OPEC’s control over supply and the ongoing dynamics in the energy market. According to new estimates, the price of Brent crude will reach $80 in 2024, compared to previous estimates of $75, according to the Middle East News Agency. The agency […]
Fitch adjusts its forecast for the price of Brent crude for the year 2024
Direct: Fitch Ratings Agency revised its short-term forecasts for oil prices, attributing this to OPEC’s control over supply and the ongoing dynamics in the energy market. According to new estimates, the price of Brent crude will reach $80 in 2024, compared to previous estimates of $75, according to the Middle East News Agency. The agency […]
US jobs exceed expectations and rise to 199,000, and unemployment falls to 3.7%
Noha Makram-Live- US jobs rose faster than expected in November and unemployment fell despite signs of a weakening economy. US non-farm payrolls rose to a seasonally adjusted 199,000 during the month, which is slightly higher than the Dow Jones estimate of 190,000, and higher than the unadjusted October data of 150,000, according to the Labor […]
Technology: Launch of the new Gin X e-bike with a Tesla-class battery
This topic was written by Sultan Al-Qahtani – The new version of the Gin The company also indicates that the new screen is safer, as it cannot be accidentally separated from the steering wheel or stolen. The integrated Gin Besides the built-in display, the e-bike looks identical to the original 250W model, with a Bafang […]
Fitch gives UAE banks a stable future outlook
Abu Dhabi – Mubasher: Fitch, in its report entitled “Middle East Banks Outlook 2024,” gave UAE banks a stable future outlook. The agency expected that favorable business and operating conditions for UAE banks would continue in 2024, and real GDP growth would accelerate moderately to 3.9 percent in 2024 (2023: 2.3%); According to the report. […]
Qatari appeal ruling in favor of KAMCO
Kuwait – Mubasher: Kamco Investment Company announced the issuance of an appeal ruling in its favor from the State of Qatar in a financial claim case against the appellant, Hamad Abdullah Al Ibrahim Al-Attiyah, according to a statement from the Kuwait Stock Exchange today, Monday. The subject of the case relates to KAMCO filing a […]
US stocks rose at the end of trading on Tuesday
Live: US stocks rose, at the end of Tuesday’s session, with bond yields declining after Federal Reserve Governor Christopher Waller’s statements that the economic slowdown may return inflation to its target, indicating that there is currently no justification for further raising interest rates. At the end of trading, the Dow Jones Industrial Average rose 0.25%, […]
The Dubai Stock Exchange regains the level of 4,000 points… and Abu Dhabi gains 6 billion dirhams at the close of trading
Muhammad Shaker – Mubasher: UAE financial market indices rose at the close of trading on Tuesday, amid weak pricing of the possibilities of the Federal Reserve raising interest rates next month.. According to data from the UAE financial markets, the gains of the Dubai Financial Market amounted to 2.273 billion dirhams, and the Abu Dhabi […]
European stocks fell at the end of trading on Monday
Live: European stock indices declined at the end of the first session of the week, today, Monday, with the evaluation of economic data indicating that the growth in profits of industrial companies in China slowed significantly during the month of October, which raised concerns about the recovery of the second largest economy in the world. […]
This is how the OnePlus 12 phone will appear on December 5th
Technology lovers are preparing for a new stage with the OnePlus 12 phone, which is expected to be unveiled on December 5th. This upcoming phone comes with amazing improvements and advanced design, and is expected to be a qualitative leap in the world of smartphones. Let’s take an early look at what to expect from […]