The biggest gain in consumer spending in a year probably helped the U.S. economy keep expanding in the first quarter even as fuel costs climbed, economists said before a report this week.
Gross domestic product, the value of all goods and services the nation produced, rose at a 2.5 percent annual rate after advancing 3 percent in the previous three months, according to the median forecast of 72 economists surveyed by Bloomberg News before the Commerce Department’s April 27 release. Consumer purchases that account for about 70 percent of the economy climbed by the most since the end of 2010, the survey showed.
Saudi Arabia debuting at World Travel Market
World Travel Market, the leading global event for the travel industry, is delighted to welcome representation from Saudi Arabia onto the exhibition floor for the first time this year, as the Saudi go
Dubai’s realty sector witnesses growth
The momentum in Dubai’s real estate sector has been witnessing acceleration with the every passing day as developers announcing a wide range of real estate projects to target different segments of th
MSM index ends higher
Buying interest in Renaissance Services pushed the index higher at 7340.29 points, up by 0.26 per cent. MSM Shariah Index closed at 1070.88 points, down by 0.14 per cent. Renaissance Services was the