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Hamood bin Sangour Al-Zadjali Director of the Central Bank of Oman
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The International Monetary Fund (IMF) logo is seen at the IMF headquarters building during the 2013 Spring Meeting of the International Monetary Fund and World Bank in Washington, April 18, 2013. REUTERS/Yuri Gripas
IMF, Gulf to Convene Wednesday in Riyadh
Riyadh- The Gulf ministers of finance and governors of central banks will convene with the International Monetary Fund (IMF) Chief in Riyadh Wednesday evening to discuss latest developments in the international economy and the effect on the region. This step will...Caption:
Shoppers on Oxford Street in London. Highlighting surveys showing that consumer confidence had eroded, Barclays forecast that the British economy would be pushed into a recession imminently. Credit Andrew Testa for The New York Times
Brexit Blurs the European Investment Outlook
New York-When the British voted in a referendum to leave the European Union, it clouded the political outlook across the region, and that made the economic and investment outlook far murkier, too. It’s still too early to tell, even three months after the vote, how...Caption:
A man walks past the Kingdom Centre Tower in Riyadh, Saudi Arabia April 12, 2016. REUTERS/Faisal Al Nasser/File Photo
International Demand of Saudi Bonds Jumps 2.6%
Riyadh- While the massive international demand on Saudi public bonds has proven the advanced position of Saudi economy, the trading in the Saudi stock market jumped on Thursday around 129 points as a first reaction by local investors to bonds’ issuance. High...Caption:
A man views the under-construction King Abdullah Financial District in Riyadh, Saudi Arabia May 12, 2016. REUTERS/Faisal Al Nasser – RTSEMQF