Non-oil private sector activity in Egypt contracted for an 18th month in May. Ukraine crisis, import restrictions, and a devalued currency put pressure on prices. S&P Global Egypt Purchasing Managers’ Index rose to 47.0 from 46.9 in April. Non-oil private area movement in Egypt contracted for an eighteenth month in May as the Ukraine emergency, … Read more
DUBAI: Being raised in the Middle East with a lack of savings and investment culture, many young Arabs are turning to online banking services to help track their spending and budget. When Mayar Akrameh was growing up in Lebanon, financial advice was simple: work long, work hard and aim for a high-paying job. Now the 29-year-old … Read more
KARACHI: The suppliers gave a lukewarm response to the tender issued by the Pakistan LNG Limited (PLL), as only one supplier, Vitol Bahrain, made the offer for one cargo to be supplied in July 2021, a statement issued by the company said on Tuesday. Earlier, Pakistan LNG Limited had invited bids for the supply of … Read more
