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Finance and Economy

The Pound rallies to its highest level in a year as strong economic growth dents rate cut hopes

The pound sterling has reached its highest level in a year due to strong economic growth and lessened expectations of…

By Mahrukh Ameer 2 Min Read

Oil Updates: Prices rise as crude, and gasoline inventories ease

CAUGHT BY ARABNEWS.COM Beijing and Houston: According to Reuters, oil prices increased on Thursday as gasoline inventories decreased, indicating increased…

By Bushra Ameer 3 Min Read

Investment boost: ADB pours USD 2.6 billion into India’s development”

The Asian Development Bank has just recently pledged USD 2.6 billion in sovereign lending to India, thereby taking a great…

By Anjali Yadav 7 Min Read

Lexus slashes EV prices by as much as £7k to stimulate sales

A Japanese luxury car brand, Lexus, has made a significant price fall to its electric and hybrid models in the…

By Mahrukh Ameer 2 Min Read

Bitcoin Surges Past $59k: Investors Bet on US Rate Cuts

Bitcoin rallied above $59,000 recently on speculation that the United States Federal Reserve might soon implement interest rate cuts. The…

By Mona Porwal 7 Min Read

Pakistan, Azerbaijan sign 15 MoUs to boost bilateral ties

ISLAMABAD: Pakistan and Azerbaijan inscribed 15 Memoranda of Understanding (MoUs) and contracts on Thursday to boost two-sided collaboration across many…

By Tahseen Ameer 4 Min Read

China issues white paper on marine eco-environmental protection

BEIJING: China’s State Council Information Office on Thursday dismissed a white paper labelled “Marine Eco-Environmental Protection in China” to distinguish…

By Tahseen Ameer 2 Min Read

Saudi POS spending hits $3.5 billion; hotel sector sees greatest increase

CAUGHT BY ARABNEWS.COM Riyadh: From June 30 to July 6, Saudi Arabia's point-of-sale spending climbed by 7.7 percent to SR13.2…

By Bushra Ameer 3 Min Read