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…
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Dubai chocolate queen reveals decision made UAE empire possible
“We had to choose — either pay the deposit on our home, or launch Fix. We chose Fix.”That one decision — driven by gut, grit,…
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.…
Thailand SEC Proposes New Digital Asset Listing
Thailand’s Securities and Exchange Commission (SEC) has unveiled proposed digital asset listing regulations aimed at enhancing transparency and investor protection in the rapidly evolving crypto…
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…
OPEC+ Now Key Stabilizer of Oil Prices
Saudi Energy Minister Prince Abdulaziz bin Salman said on Thursday that the OPEC+ alliance has become a key stabilizing force for oil prices and the…
Gold Heads for Weekly Fall as Fewer Fed Rate Cut Prospects
Gold prices fell on Friday and were on track for a weekly decline, as an overall stronger dollar and the prospect of fewer US interest…
Nakheel issues $204m infrastructure contracts for Palm Jebel Ali, Dubai
Nakheel, part of Dubai Holding Real Estate, has issued three major contracts for infrastructure works on Palm Jebel Ali in Dubai, United Arab Emirates (UAE).…