Category: FINANCE
Gold Falls as Positive US-China Tariff Talks
Gold slipped on Monday as positive US-China trade talks alleviated market fears, leading investors to shift from safe-haven assets towards…
US and China agree to slash tariffs for 90 days
The US and China have agreed a deal that will significantly cut the import tariffs, or taxes, both sides have…
UK’s Deliveroo bought by US DoorDash in £2.9bn deal
Deliveroo, the food delivery app, has agreed to be taken over by US giant DoorDash in a deal valuing the…
Oil Climbs $1 as Price Drop Triggers Buying
Oil gained more than $1 per barrel on Tuesday, rebounding on technical factors and bargain hunting after a decision by…
Saudi Chambers Federation Organizes Saudi-Egyptian Business Forum
The Federation of Saudi Chambers and Egypt’s General Authority for Investment and Free Zones (GAFI) on Monday held the Saudi-Egyptian…
SABIC Expects Capital Expenditure of $4 Bn in 2025
Saudi Basic Industries Corporation (SABIC), one of the world’s largest petrochemical companies, reported a net loss of 1.21 billion riyals…
94% of UAE enterprises believe AI will enable long-term growth
As AI adoption accelerates across the UAE, business leaders are banking on its potential to drive long-term growth. A new…
China says wind and solar energy capacity exceeds thermal for first time
BEIJING – China’s wind and solar energy capacity has surpassed that of mostly coal-powered thermal for the first time, the…
Beijing accuses USA of ‘misleading the public’ about trade talks
BEIJING – China’s foreign ministry urged Washington on Friday to stop “misleading the public” on bilateral tariff negotiations, and said…