The Federal Reserve held interest rates steady on Wednesday, just days after President Donald Trump called on the central bank to lower them. The announcement put the central bank on a potential collision course with Trump, though a longstanding norm of independence typically insulates the Fed from direct political interference.
Dubai, United Arab Emirates — Saudi Arabia's crown prince said Thursday the kingdom wants to invest $600 billion in the United States over the next four years, comments that came after President ...
President Donald Trump on Thursday said he will call for a lowering of U.S. interest rates, exerting pressure on the Federal Reserve despite a longstanding norm of political independence at the central bank.
The president says he wants Opec and Saudi Arabia to bring down the price of oil which he says is fuelling the Russia-Ukraine war.
Saudi Arabia aims to diversify its economy as part of the country’s long-term economic transformation plan, Finance Minister Mohammed Al-Jadaan tells Bloomberg at the World Economic Forum in Davos, Switzerland.
WASHINGTON — President Donald Trump spoke to Saudi Arabia's Crown Prince Mohammed bin Salman on Wednesday in the first call with a foreign leader of his second term, appearing to renew efforts ...
Dubai Global sukuk issuance is forecasted to approach $190 billion to $200 billion in 2025, driven by monetary easing and substantial financing needs in core Islamic finance countries, according to S&P Global Ratings.
President Donald Trump took his America First economic platform to the international community Thursday, promoting tax cuts, oil extraction, and tariffs at the World Economic Forum at Davos.
The Federal Reserve on Wednesday will announce its latest decision setting the level of interest rates, just days after President Donald Trump called on the central bank to lower them. Investors widel
The Federal Reserve held interest rates steady on Wednesday, just days after President Donald Trump called on the central bank to lower them. The announcement put the central bank on a potential collision course with Trump,
US president addresses WEF Links high inflation to oil price Trump ‘surprised’ prices still high Oil prices were down on Friday after US President Donald Trump drew a direct link between persistently high inflation and global oil prices during video remarks before the World Economic Forum in Davos,
The price for Gold stood at 333.27 Saudi Riyals (SAR) per gram, broadly stable compared with the SAR 333.32 it cost on Tuesday. The price for Gold was broadly steady at SAR 3,887.17 per tola from SAR 3,887.73 per tola a day earlier.