Thursday 24 July 2014
 
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Major economies end first quarter on weaker note

Major economies in Asia and Europe finished the first quarter on a weaker note, with key manufacturing surveys fuelling expectations policymakers may be forced to act in coming months to prop up faltering growth. Factories across

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Saudi business growth hits 3-month high

Growth in Saudi Arabia's non-oil business activity accelerated in December to a three-month high, a survey showed on Monday, while output growth rose at the fastest rate since April. The seasonally adjusted SABB HSBC Saudi Ara

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Asia's manufacturers buoyant at end 2013

Asia's manufacturing sector ended 2013 on a strong note, with expansion hitting multi-year highs in export-driven Japan and Taiwan, but signs of moderation in China raises concerns about the outlook for the new year. Both offi

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Global factory growth accelerates in Nov

Increasing demand for manufactured goods drove global factory activity higher last month but the spurt in the euro zone masked a widening disparity among some of the bloc's key members. As year-end approaches, the global econo

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Du named Registered EDucation Provider

Du, a leading telecom provider in the UAE, has been named a Registered EDucation Provider (REP) by the Project Management Institute (PMI), the world’s largest project management member association. REPs are organisations tha

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UAE, Saudi non-oil business growth slows in Oct

Business activity growth in the UAE’s non-oil private sector slowed slightly in October from a 29-month high in the previous month, while growth in Saudi Arabian non-oil business activity slowed to its weakest rate for three months.

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In US, China, Europe data points to global rebound

Business surveys on Thursday suggested the world economy was on the mend, with US and Chinese manufacturing activity at multi-month highs and better-than-expected growth in the euro zone. The data should bolster the case for the F

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Saudi non-oil sector shows growth in July

Overall operating conditions in Saudi Arabia’s non-oil private sector improved in July with increased output, but the rate of expansion decelerated for the third month running, a report said. Nevertheless, the overall expans

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UAE’s non-oil job, output levels surge

While the UAE's non-oil producing private sector reported the fastest rise in employment levels in two years and a further boost in output levels during April, the rate of increase in new orders eased to the slowest in a year, a report said.

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Brent weakens towards $102

Brent crude futures slipped towards $102 a barrel on Thursday as fresh data from China cast doubt on the strength of recovery in the world's second-biggest oil consumer and the dollar weighed on commodity markets. China's

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