Market

The shekel declines amid expectations of an invasion of Rafah

Bethlehem – Ma’an – The exchange rate of the Israeli shekel fell by 1.3 percent against the US dollar, to 3.75 shekels in early trading Monday, amid expectations of an imminent Israeli military invasion of the city of Rafah in the Gaza Strip.

While t…

China’s Central Bank Injects 2 Billion Yuan into Banking System

China’s central bank conducted 2 billion yuan ($282 million) of seven-day reverse repos at an interest rate of 1.8% on Monday.

The move aims to keep liquidity reasonable and ample in the banking system, the People’s Bank of China said in a statement,…

Saudi Arabia to Host 3rd Global Project Management Forum in June

The third Global Project Management Forum (GPMF) is set to kick off in the capital Riyadh on June 2, focusing on the theme “We Achieve the Dream: Leadership, Empowerment, Sustainability.” The two-day event will be a pivotal platform for industry leade…