consumer

The Gulf region’s luxury sector is growing twice as fast as the global industry, reaching $12.5 billion in 2023, driven by strong macroeconomics and flourishing tourism, a new report revealed. According to the findings by luxury goods…
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Local markets and online shopping will experience a surge during Ramadan activities thanks to an influx of consumers adapting their shopping habits during the holy period. The purchasing power of customers in the Kingdom during the month…
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Saudi banks’ money supply saw an 8 percent year-on-year expansion in September, reaching SR2.66 trillion ($710 billion), according to the Kingdom’s central bank, also known as SAMA. Term deposits, a significant contributor to this…
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Egypt’s annual urban consumer price inflation surged to a record 38 percent in September from 37.4 percent in August, according to its statistics agency CAMPAS. Data released by the agency on Tuesday revealed that prices of food and…
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Consumer inflation in the USpicked up in August for a second straight month, according to government data released Wednesday, putting the heat on policymakers as they work to lower prices, Agence France Presse reported. The consumer…
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A major outage of Rogers Communications Inc’s mobile and Internet networks on Friday caused widespread disruptions across Canada, affecting banks and police emergency lines in the second major outage to hit one of the country’s biggest…
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The American e-commerce company "Amazon" officially launched, yesterday, Wednesday, its new website in "Amazon Egypt", which will be an alternative to the "Souq.com" that it acquired years ago. Also this week, the Egyptian Prime…
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Facebook Inc’s WhatsApp faced a barrage of complaints on July 12 by the European Consumer Organization and others over a privacy policy update, which has prompted a global outcry and led some users to switch to rival apps Telegram and…
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