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Economy

Saudi government files papers to sell fresh stake in Aramco for potential $13 bn

Economy

31 May, 2024

Saudi government files papers to sell fresh stake in Aramco for potential $13 bn

Saudi Arabia's government on Thursday filed papers to sell a new stake in state oil giant Aramco that could raise ......

S&P upgrades outlook on India's sovereign rating to 'positive'

Economy

29 May, 2024

S&P upgrades outlook on India's sovereign rating to 'positive'

S&P Global Ratings raised India's sovereign rating outlook to 'positive' from 'stable' while retaining the rating at 'BBB-', saying on ......

SEBI mandates NISM certification for at least one member in AIF teams

Economy

14 May, 2024

SEBI mandates NISM certification for at least one member in AIF teams

Capital markets regulator Securities and Exchange Board of India (SEBI) has tightened norms for management teams operating alternative investment funds ......

China-Gulf free trade talks stall on Saudi industrial agenda

Economy

14 May, 2024

China-Gulf free trade talks stall on Saudi industrial agenda

Negotiations between China and an Arab bloc for a free trade agreement have stalled over concerns by Saudi Arabia that ......

India's mutual fund assets hit fresh record in April

Economy

09 May, 2024

India's mutual fund assets hit fresh record in April

Inflows into India's equity mutual funds moderated in April, while net assets under management (AUM) surpassed 57 trillion rupees for ......

Qatar economy grew 1.2% year on year in Q3 2023

Economy

02 May, 2024

Qatar economy grew 1.2% year on year in Q3 2023

The Gulf state of Qatar's real gross domestic product (GDP) increased 1.2% year on year in the third quarter of ......

Saudi Arabia's Q1 GDP falls 1.8% year-on-year

Economy

01 May, 2024

Saudi Arabia's Q1 GDP falls 1.8% year-on-year

Saudi Arabia's real gross domestic product (GDP) decreased 1.8% year-on-year in the first quarter, flash estimates by the government's statistical ......

Egypt's net foreign assets deficit declines for second month in a row

Economy

01 May, 2024

Egypt's net foreign assets deficit declines for second month in a row

Egypt's net foreign assets (NFAs) deficit shrank $17.8 billion in March, its second month of decline, central bank data showed, ......

Sensex, Nifty end third consecutive month in the green on good Q4 results

Economy

30 April, 2024

Sensex, Nifty end third consecutive month in the green on good Q4 results

Indian shares logged their third straight month of gains on strong quarterly earnings by behemoths, even as the benchmarks reversed ......

Rupee off record low in Friday's session on likely RBI intervention

Economy

19 April, 2024

Rupee off record low in Friday's session on likely RBI intervention

The Indian rupee recovered after slipping to a record low on Friday, on likely intervention by the central bank and ......