Gold price hits record high as investors seek safety
The price of gold has hit a record high as demand for the precious metal remains strong amid global economic…
Category: FINANCE
How Gulf companies can succeed if boardrooms overcome fear of AI adoption
For many Gulf companies, artificial intelligence solutions are failing to catch on not because of some weakness in the technology,…
BYD shares slide as China’s EV price war hits profits
Shares in Chinese electric vehicle maker BYD slid by as much as 8% on Monday after it reported a drop…
Egypt’s GDP Grows 4.5% in 2024-25
Egypt’s real gross domestic product grew by 4.5% in the 2024-25 financial year, up from 2.4% the previous year, Finance…
China Manufacturing Shrinks for Fifth Straight Month in August
China’s manufacturing activity shrank for a fifth straight month in August, an official survey showed on Sunday, suggesting producers are…
ECB’s Lagarde Warns of Risk to World Economy Via Trump Interference on Fed
If US President Donald Trump removed Federal Reserve Chairman Jerome Powell or Fed governor Lisa Cook, then this would represent…
Türkiye Economy Grew 4.8% in Q2, Above Expectations
Türkiye’s economy grew by 4.8% in the second quarter, above expectations despite a prolonged monetary tightening effort, official data showed…
Gold Scales Four-month Peak, Silver at 14-year High
Gold hit a more than four-month high on Monday as US Federal Reserve interest rate cut bets this month and…
HUMAIN Launch ‘Allam’ First Arabic AI Foundation Model
In a bold move reflecting Saudi Arabia’s rapidly accelerating digital transformation, tech company HUMAIN is preparing to launch “Allam” –…
Gold Rises on Increasing Fed Rate-cut Bets, Weaker Dollar
Gold rose on Wednesday as expectations of a US Federal Reserve interest rate cut in September gained traction following mild…