ROSHN Group, a subsidiary of Saudi Arabia’s Public Investment Fund (PIF), has been ranked among the 25 most powerful real estate brands in the world […]
Category: FINANCE
Gold Rebounds From over One-month Low on Weaker Dollar
Gold reversed course and edged higher on Monday, supported by a weaker dollar, after hitting a more than one-month low earlier as easing US-China trade […]
Saudi Arabia Boosts Foreign Investment Inflows Surge 44%
Saudi Arabia is advancing rapidly toward its Vision 2030 goals, recording a notable surge in foreign direct investment (FDI) during the first quarter of this […]
Shell says it is not considering buying BP
Shell has not bid for BP and is not actively considering such a move, it said today, adding it was bound by UK regulations which […]
Morocco’s Central Bank Keeps Interest Rate Steady at 2.25%
Morocco’s Central Bank (Bank Al-Maghrib) has maintained its benchmark interest rate unchanged at 2.25%, stating that current borrowing cost levels remain consistent with inflation expectations. […]
World Bank to Finance Syria with $146 Million to Restore Electricity
The World Bank approved a $146 million grant to help Syria restore reliable, affordable electricity and support the country’s economic recovery, it said in a […]
Egypt courts Chinese investment in sectors amid economic reform
Egypt seeks to deepen economic ties with China as it pushes for foreign investment to support a broad programme of structural reforms and infrastructure upgrades. […]
Is Bitcoin becoming too valuable to trade?
Bitcoin [BTC] is no longer behaving like the same asset it was a few years ago. In fact, a fundamental shift in investor behaviour is unfolding—one […]
BYD’s Profit Margin Looks Good Amidst Price War Allegations
A hot topic in the EV world lately has been a reported “price war” controversy in China, and perhaps extending a bit beyond that. Some […]
World Bank Expects GCC Economic Growth to Rise to 3.2%
Gulf Cooperation Council (GCC) economies showed resilience in navigating global uncertainties while advancing economic diversification in non-oil sectors, the World Bank said on Thursday, projecting […]