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Gold Prices Up as Investors Anticipate US Inflation Data

July 26, 2024 by emadmin

Gold prices went up on Friday but are on track to record a weekly decline, as investors are awaiting new US inflation data, which is expected to offer further clues about the timing of a potential interest rate cut.

Spot gold rose by 0.4% to $2,374.1…

Categories Business, Trading

Australia refrains from exporting livestock meat to Zionist enemy entity due to Yemeni embargo

July 26, 2024 by emadmin

The Australian Broadcasting Corporation announced that the Australian Department of Agriculture has refrained from granting permits to ship livestock meat from Australia to the Zionist enemy entity, due to fears that it will be attacked by Yemen.

“As…

Categories Business, Trading

RAKEZ event guides SMEs on harnessing AI for marketing and sales success

July 26, 2024 by emadmin

The session covered actionable strategies that make AI accessible and beneficial across various business functions. It brought together industry experts who demonstrated real-world uses of AI to highlight how it can enhance customer understanding, per…

Categories Business, Trading

Australia refrains from exporting livestock meat to Zionist enemy entity due to Yemeni embargo

July 26, 2024 by emadmin

The Australian Broadcasting Corporation announced that the Australian Department of Agriculture has refrained from granting permits to ship livestock meat from Australia to the Zionist enemy entity, due to fears that it will be attacked by Yemen.

“As…

Categories Business, Trading

Increasing impact of climate change puts energy security at risk in Southeast Asia: IEA

July 26, 2024 by emadmin

PARIS: The increasing impact of climate change is putting energy security at risk in Southeast Asia and heatwaves, floods, droughts, tropical cyclones and rises in sea levels pose challenges to the energy system, affecting everything from fuel extract…

Categories Business, Trading

ADB approves $400 mn loan to reconstruct flood-damaged houses and facilities in Pakistan

July 26, 2024 by emadmin

The Asian Development Bank (ADB) today approved a $400 million concessional loan to support the reconstruction of houses and community infrastructure in Pakistan’s Sindh province damaged by the devastating floods in 2022.

The Sindh Emergency Housing …

Categories Business, Trading

Bank of Russia increases key rate by 200 basis points to 18% per annum

July 26, 2024 by emadmin

MOSCOW: The board of directors of the Bank of Russia decided on Friday to increase the key rate for the first time since December 2023 – by 200 basis points to 18% per annum, saying that inflation has accelerated and is developing significantly above …

Categories Business, Trading

Bank of Russia increases key rate by 200 basis points to 18% per annum

July 26, 2024 by emadmin

MOSCOW: The board of directors of the Bank of Russia decided on Friday to increase the key rate for the first time since December 2023 – by 200 basis points to 18% per annum, saying that inflation has accelerated and is developing significantly above …

Categories Business, Trading
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