Middle East Business News - Published date: Thursday December 19, 2024.

Incoming president Trump's policy agenda on tariffs and taxes looms over the Fed's outlook, though Fed chair Powell cal... Read more

Middle East Business News - Published date: Friday November 15, 2024.

Powell’s remarks prompted traders to pare back expectations for a December rate cut Read more

Middle East Business News - Published date: Friday November 08, 2024.

It marks the apex bank's second reduction of 2024, after it began its easing cycle in August Read more

Middle East Business News - Published date: Thursday August 27, 2020.

Downswing in oil is another challenge for the region's $1.6trn economy, putting it on course for what could be its worst... Read more

Middle East Business News - Published date: Thursday February 06, 2020.

Jadwa Investment forecasts 1.7% inflation rate in Gulf kingdom this year as non-oil economy is expected to expand Read more

Middle East Business News - Published date: Monday October 28, 2019.

As the Fed is widely expected to deliver another cut, Kuwait is likely to pull the trigger too, even as inflation accele... Read more