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…
Category: FINANCE
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…
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).…
Turkey’s strategic push for Africa’s minerals
Turkey is intensifying its engagement in Africa’s mining sector, eyeing strategic reserves of critical raw materials (CRMs) through bilateral agreements and new ventures in several African countries.…
Finfluencers in UAE: Follow these rules before promoting financial products
If Planning to promote financial products online? Here’s what UAE finfluencers must know now In a bid to protect retail investors and bring clarity to…