Market

Riyadh Hosts First Global Logistics Forum 2024 in October

The first Global Logistics Forum 2024 is set to be held in Saudi Arabia during the period Oct.12 to 14.

Hosted by Riyadh, the forum aims to enhance global cooperation and back joint efforts to advance the logistical services, in addition to bolsterin…

Oman Central Bank Issues Treasury Bills Worth OR 27 Million

Oman Central Bank (OCB) has announced that the total value of government treasury bills allocated for this week amounted to OR 27 million.

The OCB explained, in a statement Monday, that the value of the bills allocated for a maturity period of 28 day…

Oil Prices Fall Amid Concerns Over Weak Demand in China

Oil prices fell in early Asian trading on Monday as market sentiment was weighed by fears about weak demand in China, world’s top oil importer.

Brent crude futures dropped 13 cents, or 0.2 percent, to USD79.55 a barrel. West Texas Intermediate crude …

Germany’s Manufacturers Order Backlog Falls in June

Germany’s manufacturers order backlog fell for the sixth month in a row in June, in another sign of the sluggish state of Europe’s largest economy.

According to the German Federal Statistical Office, German manufacturers saw a 0.2 percent decrease in…