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OECD sees the global economy growing at a 2.9% clip this year
A more optimistic global growth outlook: OECD has revised upwards its 2024 world growth forecast to 2.9% from November’s 2.7%…
China’s fresh promises to rejuvenate its faltering stock market may not be enough
Investors seem to be giving up on China’s stock market: Over 40% of investors surveyed at a Goldman Sachs conference…
Gov’t to look into trimming list of taxes to boost local industry, curb inflation
A newly-formed committee will begin reviewing taxes and fees this week
THIS EVENING: FinMin looks at possibility of cutting down on taxes to support industry
Good afternoon, friends. This new workweek is bringing what is shaping up to be a busy news day both at…
Erdogan taps new central bank governor
Turkey has a new central bank governor: Turkish President Recep Tayyip Erdogan has appointed Fatih Karahan (bio) as the new…
Gov’t introduces bookkeeping scheme to account for FX price differentials
The difference between the official and parallel market exchange rates that the rules account for stand at an annual average…
Saudi Aramco could float more shares on Tadawul
The oil giant is reportedly targeting at least SAR 40 bn in proceeds
Economists expect an uneventful Fed meeting ahead
It’s Fed day: The US Federal Reserve will announce its decision on interest rates later today following the end of…
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