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ActionForex

Eco Data 7/31/26

The latest economic data release for July 31, 2026, has been published, providing insights into the current state of the global economy. This data release includes various economic indicators that can significantly impac...

FXStreet

The Japanese Yen gets its ambush, and the Bank of Japan gets overnight to justify it

The Japanese Yen has experienced a significant decline against the US Dollar, with the USD/JPY pair trading at 159.50, down 2.31% from its recent high of nearly 164.00. This move has caught the attention of market partic...

FXStreet

Bank of Japan set to keep interest rates unchanged after suspected Yen intervention

The Bank of Japan is expected to maintain its current interest rates when it announces its monetary policy decision on Friday. This comes after the Japanese Yen experienced a significant rebound during the US trading ses...

Argaam

‎Nahdi establishes new subsidiary

Nahdi Medical Co. has announced the establishment of a new subsidiary, Rawa Alsihha Co., which is wholly owned and incorporated in the Kingdom of Saudi Arabia. The subsidiary aims to support Nahdi's strategic objectives...

Argaam

‎14 countries form Saudi-led multinational maritime defense coalition

A coalition of 14 countries, led by Saudi Arabia, has been formed to enhance maritime security and protect international trade routes. The coalition aims to boost cooperation in intelligence sharing, operational planning...

Argaam

‎SAMA’s assets rise SAR 29.5B to SAR 1.97T in June

The Saudi Central Bank, also known as the Saudi Arabian Monetary Agency (SAMA), has reported an increase in its assets. As of June, SAMA's assets rose by SAR 29.5 billion to reach SAR 1.97 trillion. This growth is a sign...

Argaam

‎TALCO CEO says exports, improved sales mix lift Q2 results

TALCO's CEO, Sulaiman Al Oufi, has attributed the company's higher net profit in the second quarter of 2026 to operating efficiency and successful execution of its commercial and operational strategy. Key drivers include...

Argaam

‎Banan Real Estate establishes SAR 44.1M subsidiary

Banan Real Estate Co. has announced the establishment of a new subsidiary, Emaar Al Waseel Al Mutamayza Co., with a capital of SAR 44.08 million. The subsidiary has been incorporated and issued a commercial registration...

Argaam

‎MIS board OKs 10% cash dividend for Q1 2026

The board of directors at MIS has approved a 10% cash dividend for the first quarter of 2026. This move indicates the company's commitment to rewarding its shareholders and reflects its confidence in its financial perfor...

Argaam

‎Dubai Aerospace Enterprise H1 profit at $189.5M; Q2 profit hits $88.6M

Dubai Aerospace Enterprise (DAE) has reported a net profit of $189.5 million for the first half of 2026, marking a significant decline from the $432.7 million recorded in the same period of 2025. The company's revenue in...

FXStreet

United States Dollar Index turns upside down on Fed rate hike doubts

The United States Dollar Index has reversed its direction amidst doubts over a potential rate hike by the Federal Reserve. This shift occurred during the European trading session on Thursday, with the US Dollar giving ba...

FXStreet

British Pound: BoE policy seen on extended hold – Societe Generale

The Bank of England's upcoming meeting is expected to result in the Bank Rate remaining at 3.75%, according to Societe Generale strategists. This decision is anticipated despite some potential hawkish dissent. The strate...

ActionForex

Eurozone Economy Rebounds in Q2 as GDP Growth Accelerates to 0.4%

The Eurozone economy has shown a rebound in the second quarter, with preliminary data from Eurostat indicating a 0.4% quarter-over-quarter GDP growth. This surpasses expectations of 0.2% and marks a significant improveme...

Argaam

‎SPIMACO signs distribution agreements in UAE, Qatar

Saudi Pharmaceutical Industries and Medical Appliances Corp. (SPIMACO) has signed distribution agreements with Cigalah Healthcare for its subsidiaries in the UAE and Qatar. The agreements, which are renewable for an addi...

Argaam

‎Alramz to establish SAR 3.6B real estate fund for Riyadh project

Alramz Real Estate Co. has signed an agreement to establish a Shariah-compliant real estate investment fund with a target size exceeding SAR 3.6 billion. The fund, managed by SNB Capital, aims to develop a mixed-use resi...

Argaam

‎Alkhabeer REIT announces 1.05% dividend for Q2 2026

Alkhabeer REIT has announced a dividend distribution of 1.05% for the second quarter of 2026. This move reflects the company's commitment to providing returns to its shareholders. The dividend yield is a key metric for i...

FXStreet

Australian Dollar weakens against Japanese Yen as chances of RBA rate hikes fall

The AUD/JPY currency pair has declined to approximately 113.65 during the early European session on Thursday, marking a 0.65% decrease for the week. This downward movement is largely attributed to the diminishing likelih...

FXStreet

AUD/USD Price Forecast: Struggles near 0.6950 as bears retain control below 100-EMA on H4

The AUD/USD currency pair has experienced a decline following a slight increase during the Asian session to the 0.6965 area on Thursday. This downturn is attributed to the emergence of US Dollar dip-buying. The pair's mo...

ActionForex

ANZ: New Zealand Business Confidence Jumps as Firms Look Beyond Geopolitical Risks

New Zealand's business confidence saw a significant boost in July, according to ANZ's Business Outlook survey. The headline business confidence index rose to 56.1 from 36.6, while firms' own activity outlook climbed to 4...

FXStreet

Australian Dollar gains despite cooling domestic Inflation, hawkish Fed hold

The Australian Dollar (AUD) has seen a slight gain against the US Dollar (USD), trading around 0.6960 during Asian hours on Thursday. This comes after two days of losses for the AUD/USD pair. The gain is somewhat unexpec...