Market

Saudi Arabia’s inflation relatively stable in August

Saudi Consumer Price Index (CPI) reached 2.0% in August 2023, down from July 2023, remaining relatively stable on a yearly basis.According to SPA, this stability is due to the robustness of the Saudi economy and the early economic procedures and measu…

US Stocks End Mixed

Major US stock indexes closed mixed at the end of the trading session on Wednesday.The S&P 500 climbed 0.12% to end the session at 4,467.44 points.The Nasdaq gained 0.29% to 13,813.59 points, while the Dow Jones Industrial Average declined 0.20% to 34,…

UAE Banks’ investments grow 18.8% in July to AED 580 billion

Investments of banks operating in the UAE reached AED580 billion at the end of July 2023, the highest level in history, according to the latest statistics of the UAE Central Bank.According to Emirates News Agency (WAM), the data showed that investment…