China has restricted domestic investors from buying offshore yuan bonds—known as dim sum bonds—issued by…

Oil prices stabilized following their largest single-day gain in over five weeks, driven by a…

The International Monetary Fund (IMF) has raised concerns over the impact of escalating trade tensions…

Delivery Hero SE’s Middle East arm, Talabat, has garnered full demand for its $1.5 billion…

Goldman Sachs predicts the S&P 500 index will climb to 6,500 by the end of…

Klarna Group Plc’s journey to its highly anticipated US IPO has been anything but conventional….

TikTok’s parent company, ByteDance Ltd., has reached an estimated valuation of $300 billion, one of…

Saudi Arabia’s non-oil economy is forecasted to grow by 4.4% in 2025 as the Kingdom…

Michael Saylor’s bold move to replace cash with Bitcoin on MicroStrategy Inc.’s balance sheet has…

For the first time, stocks listed in the United Arab Emirates have surpassed a combined…

Venture Global LNG Inc., one of the United States’ largest suppliers of liquefied natural gas,…

Prime Minister Giorgia Meloni’s government has sold a minority stake in Banca Monte dei Paschi…

Copper prices slipped below $9,000 per ton on the London Metal Exchange (LME), marking their…

Canada’s main stock benchmark, the S&P/TSX Composite Index, closed at a record high on Tuesday,…

European equity futures and US stock futures slipped on Wednesday as investors grappled with inflation…

China is making headlines with its first dollar bond issuance since 2021, choosing Saudi Arabia…

Saudi Arabia’s Public Investment Fund (PIF) has sold part of its stake in Saudi Telecom…

While gold prices have surged by 30% this year, Barrick Gold Corp., the world’s second-largest…

Silicon Valley venture capitalists are preparing for a major transformation as Donald Trump’s election win…

Bitcoin surged close to the $80,000 mark for the first time, fueled by President-elect Donald…

European Central Bank (ECB) Governing Council member Robert Holzmann has suggested that a December interest…

Saudi Arabia’s Biban 24 event, themed “A Global Destination for Opportunities,” concluded with agreements surpassing…

Morgan Stanley’s Mike Wilson predicts the S&P 500 could see a 5% surge by the…

CMOC Group Ltd., the world’s largest cobalt producer, has raised concerns over the shrinking role…

Commerzbank AG has raised its full-year outlook, bolstered by stronger-than-expected third-quarter results. The Frankfurt-based lender…

Lulu Retail Holdings Plc, operator of the hypermarket chain Lulu, has received a staggering $37…

China has unveiled plans to issue dollar-denominated bonds in Saudi Arabia, marking its first debt…

Energy giant Saudi Aramco reported a net profit of SR103.37 billion ($27.52 billion) for the…

Nintendo Co. has revised its full-year outlook downwards after experiencing its fifth consecutive quarter of…

South Korea has imposed a hefty fine of 21.62 billion won (approximately $15.67 million) on…

As the U.S. election nears, Wall Street strategists are analyzing the economic consequences not just…

Gold prices remained stable as the market prepared for a tight U.S. presidential election and…

Morgan Stanley has secured final approval to establish its futures business in China, becoming the…

Amazon and Alphabet’s quarterly earnings this week showcased how to balance massive AI investments with…

Apple’s stock edged lower on Friday following the release of its latest earnings, as investors…

Investors hoping for a boost to the S&P 500 from the earnings of five major…

Boeing Co.’s recent $23.5 billion capital raise has proven lucrative for four major banks: Goldman…

Chinese electric vehicle giant BYD has significantly increased its production and workforce, adding nearly 200,000…

Saudi Arabia’s startup ecosystem is undergoing a significant transformation, with attractive valuations and a surge…

GDS Holdings Ltd. has secured $1 billion from mainly new US investors to expand its…

Snap Inc., the parent company of Snapchat, exceeded Wall Street’s revenue and user growth expectations…

Just a few months ago, Samsung Electronics seemed set to soar amid the global AI…

Asian markets exhibited a mixed performance on Wednesday, with Japan’s Nikkei 225 climbing 1.3% to…

AMD (AMD) posted its fiscal third-quarter earnings on Tuesday, meeting analysts’ earnings-per-share (EPS) expectations and…

Korea Zinc, the world’s leading zinc refiner, saw its shares plummet by nearly 29.9% on…

Saudi Arabia remains committed to its crude oil production capacity of 12.3 million barrels per…

Indonesia has blocked Apple Inc. from selling its iPhone 16, launched in September, until the…

The Malaysian arm of South Korea’s Cuckoo Holdings Co. is gearing up for a substantial…

Exchange-traded funds (ETFs) focused on artificial intelligence are multiplying rapidly as asset managers tap into…

China, the world’s largest gold consumer, witnessed a sharp decline in gold demand in the…

Saudi Arabia is set to welcome some of the world’s top leaders in finance and…

Saudi Arabia’s venture capital fund, Wa’ed Ventures—a $500 million subsidiary of Aramco—has allocated $100 million…

Microsoft, currently valued over $3 trillion, is considering the possibility of investing in bitcoin, the…

Chinese e-commerce giant Alibaba announced on Friday that it has agreed to pay $433.5 million…

Brookfield Wealth Solutions is seeking buyers for a private credit portfolio valued at approximately $1.5…

The Bank of England (BoE) is continuing its exploration of a digital currency, despite hesitations,…

Indian food delivery leader Swiggy has cut its IPO valuation again, this time to $11.3…

Nvidia briefly claimed the title of the world’s most valuable company on Friday, surpassing Apple…

Tesla Inc. saw its market value jump by $80 billion after reporting its largest quarterly…

ServiceNow Inc. reported solid third-quarter growth, with subscription sales rising 23% to $2.7 billion and…

Some of the largest exchange-traded fund (ETF) providers are positioning themselves to capture the billions…

Barclays reported an 18% rise in third-quarter profit, surpassing expectations and boosting its full-year income…

Perplexity CEO Aravind Srinivas expressed surprise at the recent lawsuit filed by Rupert Murdoch’s Dow…

Global bond sales are expected to rise by 17% this year, reaching approximately $9 trillion,…

Saudi Arabia’s foreign direct investment (FDI) inflows reached SR96 billion ($25.6 billion) in 2023, a…

UBS is selling the 50% stake it acquired in Swisscard, a credit card provider, from…

Spanish fashion retailer Tendam has delayed its initial public offering (IPO) due to uncertainty in…

Salesforce (CRM) and Blue Shield of California have partnered to create an AI-driven system aimed…

Microsoft (MSFT) continues to capitalize on its massive investments in artificial intelligence (AI) with a…

India’s largest solar-panel manufacturer, Waaree Energies Ltd., saw its $514 million initial public offering (IPO)…

Saudi Aramco has urged the development of a new energy transition strategy that better addresses…

Asia’s stock markets are gearing up for their busiest week of listings in over two…

As global finance leaders prepare to gather in Washington, the International Monetary Fund (IMF) has…

GQG Partners, one of the largest shareholders of Spanish bank BBVA (BBVA.MC), has sold its…

Eutelsat (ETL.PA), the world’s third-largest satellite operator by revenue, successfully launched 20 satellites for its…

Netflix (NFLX) shares surged 11% on Friday, hitting a record high above $760, after the…

Saudi Arabia’s startup ecosystem claimed 60% of the Middle East and North Africa (MENA) region’s…

The International Monetary Fund (IMF) announced that the world’s total public debt is projected to…

Seven & i Holdings, the Japanese retail giant, is undergoing a major restructuring to fend…

Bausch + Lomb Corporation (BLCO) shares soared over 7% on Monday following reports that private…

SiriusXM (SIRI) shares soared nearly 9% on Monday following news that Warren Buffett’s Berkshire Hathaway…

Nvidia (NVDA) reached a record high on Monday, continuing its impressive rally as investor enthusiasm…

India’s unregulated gray market is showing signs of cooling excitement surrounding Hyundai Motor India Ltd.’s…

The Public Investment Fund (PIF) of Saudi Arabia has increased its green project investments to…

Fintech experts believe that Saudi Arabia is poised to lead the regional decentralized finance (DeFi)…

TPG Telecom Ltd. has reached an agreement to sell its fiber assets and fixed business…

Investors are bracing for potential volatility in global commodity markets as geopolitical uncertainties and interest…

SpaceX successfully carried out a daring engineering feat on Sunday during its fifth Starship test…

Virgin Australia announced on Monday its second consecutive annual profit, alongside a 6.8% increase in…

The fierce battle for control of Korea Zinc Co., the world’s largest zinc smelter, is…

Tesla (TSLA) investors received a harsh lesson in fundamentals as the company’s highly anticipated robotaxi…

Saudi Arabia is set to invest more than SR1 trillion ($267 billion) in its logistics…

Sweden’s National Debt Office (NDO) has confirmed it will not activate $1.5 billion in credit…

Meta Platforms Inc. is rolling out its AI chatbot, Meta AI, to 21 additional countries,…

Dan Riccio, a longtime Apple executive and key figure behind the company’s mixed-reality headsets, is…

Sierra, the AI startup co-founded by OpenAI Chairman Bret Taylor and former Google executive Clay…

Wall Street stocks surged on Wednesday, with the S&P 500 and Dow Jones Industrial Average…

China’s central bank, the People’s Bank of China (PBOC), has introduced a swap facility designed…

Saudi Arabia’s thriving digital infrastructure has propelled its technology market to a record-breaking SR91 billion…

FTX, the cryptocurrency firm that collapsed in November 2022, has received court approval to fully…

Chevron (CVX.N) announced on Monday that it is selling its assets in the Athabasca oil…

Amazon (AMZN) stock closed 3% lower on Monday after Wells Fargo analysts downgraded the company’s…

A U.S. judge has ordered Google to make significant changes to its mobile app business,…

Warren Buffett’s conglomerate, Berkshire Hathaway, has crossed the $10 billion mark from selling shares of…

Saudi Arabia’s Public Investment Fund (PIF) has announced a strategic partnership with Central Group, a…

The UK’s FTSE 100 index opened 0.4% higher on Wednesday, driven by strong gains in…

Peak XV Partners, previously part of Sequoia Capital, has reduced its growth fund by $465…

Japanese companies are rapidly increasing their dollar bond sales, with issuances rising by 60% to…

Oracle Corp. plans to invest $6.5 billion in building a cloud services center in Malaysia,…

A recent surge in Chinese stocks has left traders betting against US-listed shares facing $6.9…

Saudi Arabia’s assets under management (AUM) are expected to surpass $300 billion within two years,…

On Monday, the S&P 500 reached a new record high, recovering from a brief drop…

Abu Dhabi’s state oil giant, ADNOC, has agreed to acquire German chemicals producer Covestro for…

Singapore’s struggling initial public offering (IPO) market is hoping for a turnaround in 2024, driven…

In 2002, a US warehouse owner disrupted the metals industry by charging fees for securing…

Shao Qifeng, Chief Investment Officer at Ying An Asset Management, has never seen such excitement…

Saudi Arabia recorded a 23.4% rise in foreign direct investment (FDI) during the second quarter…

Manchester has officially opened the first phase of its £1.7 billion ($2.3 billion) ‘Sister’ innovation…

Ireland is set to achieve a budget surplus of 8% of modified gross national income…

An affiliate of Elliott Investment Management, Amber Energy, has been named the presumptive winner in…

Private equity firm TPG is leading the race to acquire a minority stake in wealth…

Global assets in actively managed exchange-traded funds (ETFs) reached a record $1 trillion by the…

Spain is tapping into robust investor demand with a new 12-year bond offering, following the…

French telecom giant Orange (ORAN.PA) announced on Wednesday its decision to delist its shares from…

The global market for AI-related products is expected to soar, reaching up to $990 billion…

Although Bitcoin has shown strong correlation with US equity price movements recently, BlackRock’s head of…

Visa’s stock plummeted over 5% after the U.S. Justice Department filed an antitrust lawsuit, accusing…

Australia’s Coronado Global Resources Inc. raised $400 million through a five-year bond, marking a rare…

Nomura Holdings Inc. is facing a ¥21.8 million ($152,000) fine for allegedly manipulating the Japanese…

United Arab Emirates’ renewable energy company, Masdar, has announced an agreement to acquire the green…

Amazon and several other companies have agreed to purchase carbon offset credits valued at approximately…

The U.S. Federal Trade Commission is expected to approve Chevron’s $53 billion acquisition of Hess…

European stocks and US equity futures advanced after China unveiled a series of stimulus measures…

Saudi energy giant Aramco is set to issue US dollar-denominated sukuk through its SA Global…

The U.S. Commerce Department is expected to propose a ban on Chinese software and hardware…

Bitcoin surged to one-month highs on Monday, continuing its rally following the Federal Reserve’s aggressive…

The anticipated recovery of the IPO market in 2024 has yet to materialize. High interest…

Apollo Global Management Inc. has reportedly offered to invest up to $5 billion in Intel…

Taiwan Semiconductor Manufacturing Co. (TSMC) and Samsung Electronics Co. are in talks to construct massive…

The family of Eduardo Saverin, Facebook co-founder, has made a generous donation of S$20 million…

The offshore share offerings of three major Chinese bubble tea chains—Mixue Bingcheng, Guming Holdings, and…

FedEx Corp. experienced its steepest drop in two years, tumbling 15% on Friday after warning…

Emerging-market currencies posted an eighth consecutive week of gains, despite a shaky risk-on sentiment following…

Nike has named company veteran Elliott Hill as its new CEO, signaling a shift in…

Gold soared above $2,600 for the first time on Friday, driven by expectations of further…

A significant portion of daily currency trades are at risk of failure, according to the…

Citadel Securities is making significant moves in Europe, unlike its US approach. In the US,…

Ray Dalio, founder of Bridgewater Associates, and Lim Chow Kiat, CEO of Singapore’s sovereign wealth…

Commerzbank is set to appoint CFO Bettina Orlopp to lead negotiations with UniCredit after the…

BitGo plans to launch a dollar-backed stablecoin, USDS, next year, setting itself apart in the…

Saudi Arabia’s National Debt Management Center (NDMC) successfully completed its riyal-denominated sukuk issuance for September,…

Midea Group, the Chinese home appliances giant, saw its stock jump by up to 9.5%…

Oracle (ORCL) shares soared to an all-time high on Monday after two major investment firms…

Intel (INTC) shares surged in extended trading on Monday after CEO Pat Gelsinger updated investors…

On Monday, Microsoft (MSFT) revealed that its board of directors approved a $60 billion stock…

Wall Street is closely watching the Federal Reserve’s key interest rate decision on Wednesday, with…

Saudi Arabia’s capital market institutions witnessed a 27 percent year-on-year surge in operating income during…

Danish logistics company DSV (DSV.CO) is set to acquire Schenker, the rail logistics arm of…

US stocks reversed early losses to close higher on Wednesday, with investors reacting to a…

South African stocks have outpaced other emerging markets, with Johannesburg’s main equity index rising about…

The IPO of Bajaj Housing Finance Ltd., the home-loan unit of India’s largest shadow lender,…

China is striving to break Elon Musk’s grip on reusable launch vehicles and close the…

Fund managers are betting on a resurgence of nuclear energy, a sector previously avoided by…

The question of who will succeed Bob Iger as Disney’s (DIS) CEO remains a critical…

Amazon Web Services (AWS) isn’t betting on a single AI model to dominate the future….

Japan’s leading online securities firms are capturing a larger share of the investment trust market,…

The Swiss franc has reached its strongest level in almost a decade, raising the prospect…

At Goldman Sachs, an ESG filter designed to prioritize companies focusing on recycling, waste management,…

The eighth edition of the Future Investment Initiative (FII) will focus on developing new strategies…

Germany’s inflation rate fell to its lowest point since June 2021, confirming the second estimate…

Gold prices dipped slightly on Tuesday, pressured by the dollar reaching a one-week high, making…

China is making a comeback to the international debt market after a three-year break, planning…

U.S.-based electronic components maker Jabil is investing 20 billion rupees ($238.2 million) to establish a…

Saudi Arabia’s non-oil exports to Bahrain soared by 213% in the second quarter of 2024,…

Singapore-based payments company Nium has postponed its U.S. initial public offering (IPO) by over a…

Oil futures rose by a dollar on Monday as a potential hurricane system neared the…

A mysterious post by Keith Gill, also known as “Roaring Kitty,” sent GameStop’s stock soaring…

Elon Musk has dismissed a report that his AI startup, xAI, has held talks about…

China is set to expand its national carbon trading market to include the steel, aluminum,…

Saudi developer Emaar The Economic City (EEC), the firm behind King Abdullah Economic City (KAEC),…

Oil prices edged higher after reaching multi-month lows as major producers considered delaying an output…

Johnson & Johnson (J&J) plans to pay an additional $1.1 billion to settle tens of…

Safe Superintelligence Inc., an AI research lab co-founded by former OpenAI chief scientist Ilya Sutskever,…

The diesel markets in China and India, which make up the majority of Asian demand,…

Gulf Cooperation Council (GCC) banks are expected to perform well for the rest of 2024,…

OpenAI CEO Sam Altman is advancing plans for a large-scale infrastructure buildout in the U.S….

Japan’s $1.75 trillion Government Pension Investment Fund (GPIF) is expected to increase its allocation to…

European Central Bank (ECB) board member Piero Cipollone stated that the ECB could continue cutting…

Enterprise cloud company Salesforce (CRM.N) announced on Tuesday that it has agreed to acquire Tenyx,…

Shares of AI giant Nvidia (NVDA.O) plunged 9.5% on Tuesday, marking the largest single-day market…

In 2024, a record $1 out of every $10 spent globally will be on travel…

Elliott Investment Management now holds 10% of Southwest Airlines’ common stock, crossing the threshold to…

Bain Capital has launched a ¥600 billion ($4.1 billion) takeover bid for Fuji Soft Inc.,…

Today, global markets will focus on the U.S. ISM manufacturing survey, a significant indicator in…

Saudi Arabia’s fintech sector will shine at the inaugural 24 Fintech conference from September 3-5…

Nvidia’s stock has soared 145% over the past year, driven by its dominant role in…

Billionaire Warren Buffett’s Berkshire Hathaway has once again reduced its stake in Bank of America,…

The National Financial Regulatory Administration’s Shanghai branch announced on Friday that it approved the adjustment…

Saudi oil company Petro Rabigh, officially known as Rabigh Refining and Petrochemical Co., announced that…

Saudi Arabia’s event booking platform, WeBook, is eyeing a billion-dollar valuation as it prepares for…

REA Group Ltd., a key player in Rupert Murdoch’s media empire, is considering a $5.8…

Hedge fund billionaire Bill Ackman criticized a recent court order to suspend Elon Musk’s X…

As August ends, the S&P 500 faces a historically challenging month ahead. Since 1928, September…

Intel CEO Pat Gelsinger and key executives are expected to present a plan later this…

Berkshire Hathaway (BRKa.N), led by Warren Buffett since 1965, reached a market value of over…

Japan’s largest steelmaker, Nippon Steel (5401.T), announced on Thursday its plans to invest an additional…

Cnooc Ltd., China’s largest offshore oil and gas producer, reported a significant increase in first-half…

ONEOK, a major U.S. pipeline operator, announced two strategic acquisitions worth $5.9 billion from infrastructure…

Dell Technologies is gaining market share in the AI server sector, following a shift by…

Saudi Arabia’s Public Investment Fund (PIF) has secured a $15 billion revolving credit facility from…

Chinese ride-hailing giant DiDi Global will exchange cash and its smart driving and cockpit unit…

South Korea’s Samsung SDI has finalized an agreement with General Motors to establish a joint…

A trading unit of TotalEnergies SE, a French oil major, has been fined $48 million…

Nvidia could see a $298 billion fluctuation in market value following its second-quarter earnings report,…

Lego’s sales have outpaced the overall toy market in the first half of the year,…

Canada announced it will impose a 100% tariff on imports of Chinese electric vehicles (EVs)…

Global investors are pouring money into Indonesian equities as funds exit major Asian markets like…

Wall Street is becoming more pessimistic about the crude oil market for next year. Goldman…

The United Arab Emirates (UAE) has requested access to Pavel Durov, the founder of Telegram,…

China’s economic slowdown is now impacting even basic consumer goods, a troubling sign for global…

Saudi Arabia’s updated investment law and recent reforms could help the country achieve its goal…

Hong Kong’s spot Bitcoin exchange-traded funds (ETFs) have reached a significant milestone, surpassing 2 billion…

China’s Sinopec announced a 2.6% rise in net profit for the first half of the…

Australian stocks closed higher on Monday, boosted by gains in the Telecoms Services, Financials, and…

Gold prices firmed on Monday, supported by a weaker dollar and lower Treasury yields following…

Mark Schneider, Nestle’s recently ousted CEO, guided the company through the COVID-19 pandemic, expanded margins…

The U.S. Federal Reserve’s upcoming rate cuts are “in line” with International Monetary Fund (IMF)…

NASA is set to return Boeing’s faulty Starliner capsule to Earth without astronauts Butch Wilmore…

Reddit, once known as the internet’s edgy bulletin board, has redefined its advertising strategy as…

Debt levels in the United States and Europe pose a risk to international financial stability…

Johnson & Johnson (J&J) is in negotiations with plaintiffs’ lawyers who have opposed its proposed…

The Saudi real estate finance market is set to gain momentum following an agreement between…

Blue Origin LLC, the Jeff Bezos-backed space company, recently experienced testing failures, including a factory…

Citigroup has added a new section about its multi-year reorganization to its quarterly report filed…

Canadian stocks were higher at the close on Wednesday, driven by gains in the REITs,…

A senior Mizuho analyst has maintained an outperform rating for PayPal’s stock following the company’s…

Investments in Saudi Arabia’s maritime sector have exceeded SR25 billion ($6.66 billion), driven by successful…

Uber Technologies has appointed former Tesla executive Rebecca Tinucci to oversee its transition to electric…

Senator Lummis’ proposal to create a strategic bitcoin reserve has ignited a lively debate among…

OpenAI, led by Sam Altman, announced a multi-year partnership with Condé Nast on Tuesday. The…

Walmart (WMT.N) is looking to raise up to $3.74 billion by selling its stake in…

Shares in Australia-based Domino’s Pizza Enterprises Ltd (DMP.AX) slumped more than 7% on Wednesday after…

Saudi Arabia’s Public Investment Fund (PIF) is reportedly in discussions to acquire Boeing and Airbus…

Mars, the family-owned candy giant, is set to acquire Kellanova, the maker of Cheez-It, in…

Veteran media executive Edgar Bronfman Jr. has submitted a $4.3 billion bid to take over…

The parent company of Donald Trump’s social media platform, Truth Social, saw its stock prices…

Battery manufacturer Northvolt announced on Tuesday that it will consolidate and shift the development of…

The UK’s FTSE 100 benchmark stock index edged lower on Tuesday, weighed down by declines…

Japan’s national and Tokyo governments are eyeing a 700 billion yen ($4.7 billion) valuation for…

Japanese retail giant Seven & i Holdings, operator of the 7-Eleven convenience store chain, announced…

Gold prices eased slightly on Monday, hovering around the key $2,500 level as traders took…

Media platform X, owned by Elon Musk, announced on Saturday that it is closing its…

Germany’s coalition government has agreed to reduce its 2025 budget deficit target from €17 billion…

Mastercard is reducing its global workforce by 3% as part of a reorganization to focus…

U.S. stocks are climbing as hopes for an economic soft landing ease recession fears after…

The Saudi Agricultural and Livestock Investment Co. (SALIC) has agreed to sell its 40% stake…

Tencent Holdings Ltd. reported an 82% surge in net income, exceeding investor expectations and signaling…

Goldman Sachs and Morgan Stanley made significant investments in spot bitcoin exchange-traded funds (ETFs) during…

Warren Buffett’s Berkshire Hathaway made notable adjustments to its investment portfolio in the second quarter,…

David Velez, billionaire co-founder and CEO of Nu Holdings Ltd., has sold 31 million shares…

Investors anticipating substantial rate cuts from the Federal Reserve this year might be in for…

Saudi Aramco’s president and CEO, Amin Nasser, has once again secured the top spot in…

Bitcoin’s presence on centralized exchanges has hit an all-time low, suggesting a bullish future for…

Shein, the online fashion retailer, has hired former EU budget commissioner Günther Oettinger as a…

Sometimes stepping back from the present reveals just how much the world has changed. Each…

Cathie Wood, head of Ark Investment Management and famous for her long-term investment strategies, recently…

Cathay Pacific Airways Ltd. has become the most-shorted major airline stock globally, as the aviation…

Alphabet’s Google revealed a new lineup of Pixel smartphones on Tuesday, integrating deeper artificial intelligence…

The International Energy Agency (IEA) has held its global oil demand growth forecast for 2024…

The U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against cryptocurrency company NovaTech…

Scotiabank has announced the purchase of a 14.9% stake in American regional lender KeyCorp for…

India’s weight in the MSCI Global Standard index has reached a new record, likely bringing…

Chevron has successfully produced first oil from the Anchor field in the U.S. Gulf of…

Tourmaline Oil Corp., Canada’s largest gas driller, has agreed to acquire Crew Energy Inc. for…

Shobhit Maini, Citigroup’s global head of digital assets for its markets unit, is leaving the…

OPEC on Monday reduced its forecast for global oil demand growth in 2024, citing weaker-than-expected…

Australia’s central bank, the Reserve Bank of Australia (RBA), highlighted significant economic uncertainty on Monday,…

London stocks rose slightly on Monday, with the FTSE 100 up 0.7% and the FTSE…

Standard Chartered (STAN.L) has merged its industries coverage team into its mergers and acquisitions (M&A)…

Around $2.3 billion in dollar and euro bills have been shipped to Russia since the…

July and August are typically peak vacation months, but Expedia (EXPE) has issued a warning…

Saudi Arabia is making significant strides in the global semiconductor industry as part of its…

Meta Platforms has successfully defeated an appeal by Children’s Health Defense, an anti-vaccine group founded…

Amid fears of an economic slowdown, U.S. investors moved $47.48 billion into money market funds…

Saudi Arabia exported non-oil goods worth SR2.23 billion ($594 million) in May, marking a 19.25%…

Global Payments (GPN) stood out on the S&P 500 Wednesday with impressive second-quarter results and…

DBS Group has announced that Tan Su Shan, currently the head of institutional banking, will…

Nextdoor Holdings Inc. reported second-quarter revenue of $63.3 million, surpassing analysts’ expectations of $58.3 million….

Trading in 401(k) accounts surged on Monday, reaching levels not seen in over four years,…

Polish bonds, known as POLGBs, are outperforming US Treasuries as expectations of faster and deeper…

German industrial gear maker Siemens reported robust earnings growth for the April-to-June quarter, driven by…

A wager on market calm has cost retail traders, hedge funds, and pension funds billions…

Goldman Sachs CEO David Solomon predicts that the Federal Reserve will avoid emergency rate cuts,…

Airbnb projected lower third-quarter revenue and shorter booking windows on Tuesday, causing its shares to…

Japanese tech investor SoftBank Group plans to buy back $3.4 billion in shares, partially responding…

Panama’s government enacted two decrees on Tuesday aimed at bolstering economic financing, announced the council…

The recent steep drop in Japanese bank shares signals potential for a strong recovery. In…

Energy giant Aramco will acquire an additional 22.5% stake in Rabigh Refining and Petrochemical Co….

Technology firm Oracle Corp. has launched its second public cloud region in Riyadh as part…

Elon Musk last month said he was sick of “dodging gangs of violent drug addicts”…

Global snacking juggernaut Mondelez International (NASDAQ: MDLZ) is home to a wide array of recognizable…

Global stocks surged on Tuesday, partially recovering from the previous day’s steep declines. The Nikkei…

Saudi Basic Industries Corp (SABIC) reported an 84.7% increase in second-quarter profits, signaling a robust…

Elon Musk’s Neuralink has successfully implanted its brain-computer interface device in a second patient, aimed…

Global stock markets plummeted on Monday, with Japan’s Nikkei index experiencing a staggering 13% drop,…

Intel Corporation is set to cut 15% of its workforce, amounting to 15,000 jobs, in…

Cryptocurrencies experienced a significant downturn on Monday as market risk aversion intensified. Bitcoin plunged over…

Gold has been the standout commodity performer this year, gaining 18.5% and posting a record…

Stock markets tumbled on Monday, with Japanese shares plummeting 13% as fears of a U.S….

Abrdn (ABDN.L) finance chief Jason Windsor is the front-runner to become the next chief executive…

Shares of Amazon.com (AMZN.O) fell over 12% on Friday after reporting slowing online sales growth…

Gulf Cooperation Council (GCC) investors are projected to invest over $4 billion annually in the…

SVB Financial Group, the former owner of the failed Silicon Valley Bank, received approval from…

Warren Buffett’s Berkshire Hathaway has significantly increased its cash reserves to nearly $277 billion while…

The Nasdaq Composite index fell 2.4% on Friday, extending recent declines to fall 10% below…

Britain’s pound fell to its lowest level in three weeks on Thursday, as traders awaited…

Volkswagen’s chief executive, Oliver Blume, urged China and Europe to develop tariff systems that reward…

The EU Commission announced on Thursday its unconditional approval of Hewlett Packard Enterprise’s (HPE.N) $14…

Rolls-Royce (RR.L) will pay a dividend for the first time since the pandemic, driven by…

Billionaire investor Bill Ackman canceled the launch of Pershing Square USA, days before its planned…

Citigroup has repeatedly breached the Federal Reserve’s Regulation W, which restricts transactions between banks and…

Stellantis has declared its unwavering commitment to Maserati, denying any intentions to sell or merge…

Lufthansa has warned of a fall in third-quarter earnings due to higher wage costs and…

Just Eat Takeaway, Europe’s largest food delivery company by revenue, reported a 40% increase in…

During Tuesday’s conference call, Werner Enterprises CEO Derek Leathers highlighted signs of a potential turnaround…

Meta Platforms will report its second-quarter earnings after the market close on Wednesday, with investors…

Global equities rallied Wednesday as the Bank of Japan raised its benchmark interest rate to…

Tesco, Britain’s largest supermarket chain, announced on Monday that it will continue its share buyback…

London’s FTSE 100 gained 0.5% on Monday, reaching its highest level since early June, driven…

European stocks gained after a robust Asian session, with the Euro Stoxx 600 up 0.5%…

Shares of Japan’s Eisai fell 11% on Monday, marking their largest one-day drop in three…

Alibaba’s stock surged by 5.8% in Hong Kong following the announcement of a new 0.6%…

Ola Electric Mobility Ltd., India’s largest e-scooter manufacturer, is aiming to raise up to 61.46…

Chinese investors are increasingly pouring money into two newly launched exchange-traded funds (ETFs) tracking Saudi…

Nasdaq announced on Friday that private equity firm Thoma Bravo will sell 41.6 million shares…

Six banks, including Bank of America and Citigroup, agreed to pay $80 million to settle…

Former Starbucks CEO Howard Schultz is opposing a potential settlement between the coffee chain and…

For the first time, G20 finance leaders have pledged to cooperate on taxing the world’s…

Japan’s Mitsubishi Motors is set to join an alliance with Honda Motor and Nissan Motor,…

Republican presidential candidate Donald Trump told a bitcoin conference on Saturday that the U.S. must…

Italian luxury carmaker Ferrari announced that its European dealers will begin accepting cryptocurrency payments, following…

Media mogul Rupert Murdoch is embroiled in a legal battle with three of his children…

International Business Machines (IBM) exceeded analysts’ expectations for the second quarter, leading to a rise…

Alphabet stock dropped 5% on Wednesday as investors digested its second-quarter results, which surpassed earnings…

ANZ Group announced that its investigation into bond sales, currently under a regulatory probe, has…

Rivian CEO RJ Scaringe believes Tesla’s market share decline is due to the limited variety…

Riyad Bank has launched the first specialized AI center in Saudi Arabia’s banking sector, named…

UPS shares fell over 13% on Tuesday after the shipping giant reported a 32% drop…

Some staff at Elon Musk’s Neuralink are preparing to sell shares after the brain implant…

HCA Healthcare (HCA) shares hit an all-time high on Tuesday after the company posted better-than-expected…

Samsung Electronics’ fourth-generation high bandwidth memory (HBM3) chips have received Nvidia’s approval for use in…

As investors pivot from large-cap stocks to smaller companies, UBS forecasts an even bigger rotation:…

Saudi Arabia emerged as the leading issuer in the Gulf Cooperation Council (GCC) bond market…

Iconiq Capital, renowned for managing the wealth of Silicon Valley’s elite, has raised $5.75 billion…

Saudi Aramco’s venture arm, Wa’ed Ventures, has invested $15 million in South Korean chipmaker Rebellions…

On Monday, Cathie Wood’s Ark Invest made significant trades involving CrowdStrike Holdings Inc (NASDAQ:CRWD) and…

A Seoul court has issued an arrest warrant for Brian Kim, founder of South Korea’s…

China’s top companies have raised a record $14 billion in offshore convertible bonds this year,…

Israeli cybersecurity startup Wiz has ended discussions with Alphabet (GOOGL.O) regarding a reported $23 billion…

Britain’s Vodafone (VOD.L) has sold an additional 10% stake in Vantage Towers for €1.3 billion…

Dolce&Gabbana is contemplating opening its capital to new investors through a listing or other financial…

Geopolitical rivalries, particularly trade tensions between the US and China, have overtaken inflation as the…

Saudi Arabia and China’s financial markets are connecting through new exchange-traded funds (ETFs) on Chinese…

Saudi Arabia’s holdings of US Treasury bonds increased to $136.3 billion in May, up from…

Nvidia (NVDA.O) is developing a version of its new flagship AI chips for the China…

Vedanta Ltd, India’s metals-to-oil conglomerate, has raised 85 billion rupees ($1.0 billion) through a qualified…

Binance’s U.S. affiliate, Binance.US, has received federal court approval to invest certain customer assets in…

Berkshire Hathaway sold approximately 33.9 million shares of Bank of America for around $1.48 billion…

Key Points: Netflix reported an addition of eight million new subscribers in Q2, driven by…

Standard Chartered has hired over a dozen new bankers to boost its private banking teams…

PricewaterhouseCoopers (PwC) has asked its China-based partners to accept pay cuts of up to 50%,…

French automaker Renault reported a 1.9% increase in first-half sales, selling 1,154,700 vehicles globally compared…

Asian chip stocks tumbled on Thursday following news that the US might impose tighter curbs…

The pound dipped slightly on Thursday but is still on track for a fourth weekly…

Energy giant Saudi Aramco has successfully issued a $6 billion US dollar-denominated international bond, marking…

ASML, the leading supplier of chipmaking equipment, exceeded second-quarter earnings forecasts, driven by robust sales…

Huawei Technologies has encountered severe challenges following its blacklisting by the US government, leading to…

Russian cybersecurity firm Kaspersky Lab will cease its US operations and lay off its American…

When Georges Elhedery took a six-month break from HSBC (HSBA.L) in 2022, some feared he…

GitLab (GTLB.O), a U.S. provider of cloud-based software development tools backed by Google parent Alphabet…

Rising expectations that former President Donald Trump will regain the White House in November are…

Germany’s Allianz announced on Wednesday its plan to purchase a majority stake in Singapore’s Income…

British inflation held steady at 2.0% last month, defying forecasts for a slight fall. Economists…

In a sign of Argentina’s shifting oil market, Vista Energy charged export prices for over…

Spot bullion rose 0.2% to just below $2,430 an ounce after nearing May’s peak. Traders…

Saudi Arabia’s Public Investment Fund has appointed SNB Capital to lead the initial public offering…

Saudi Arabia dominated the Gulf Cooperation Council’s initial public offering (IPO) market in the first…

Key points: Lucid Group’s stock rose on Monday following a 70% year-over-year increase in second-quarter…

Key points: Oil prices increased on Friday as signs of easing inflation in the United…

Key points: Vietnamese electric vehicle maker VinFast has postponed the launch of its $4 billion…

Key points: The International Monetary Fund (IMF) has agreed to a $7 billion loan deal…

The Vanguard S&P 500 ETF offers a cost-effective way to invest in the 500 largest…

Preliminary findings in an eagerly awaited parliamentary report into the 2023 collapse of Credit Suisse…

The Russian government announced on Saturday a reduction in the mandatory foreign currency sales requirement…

A new digital platform, Naqd, will now enable government agencies to easily and conveniently access…

Sunday’s Euro 2024 final between England and Spain and the Copa America showdown between Argentina…

Argentina’s central bank will begin selling U.S. dollars in parallel foreign exchange markets to combat…

Upcoming U.S. interest rate cuts are challenging investors to decide between sticking with Big Tech…

OpenAI whistleblowers have filed a complaint with the U.S. Securities and Exchange Commission, calling for…

U.S. grains merchant Bunge and Glencore-backed Viterra have proposed asset divestments in two EU countries…

Key Points: Riyadh Air has entered into a preliminary cooperation agreement with Delta Air Lines…

Key Points: Samsung unveiled its latest foldable smartphones, the Galaxy Z Fold 6 and Galaxy…

Key Points: Elon Musk’s Neuralink is advancing its brain-computer interface technology, moving to its second…

Key Points: Dyson, renowned for its innovative vacuum cleaners, announced plans to cut approximately 1,000…

Vietnam Airlines JSC has become the world’s top-performing airline stock in 2024, surging 179% due…

First Abu Dhabi Bank PJSC is considering a bid for a roughly $5 billion stake…

Sichuan Biokin Pharmaceutical Co. has filed for a Hong Kong listing that could raise about…

Australia’s BHP Group announced it will temporarily suspend its Nickel West operations and West Musgrave…

Hedge funds are targeting South Korea’s chipmakers, betting on the surge in demand for high-end…

OPEC has revised its 2024 global economy growth expectations to 2.9%, up from 2.8%, highlighting…

UK’s Barclays (BARC.L) announced plans for a significant hiring spree in Asia, targeting the ultra-rich…

Fast fashion retailer Shein announced plans to invest €250 million ($271 million) over five years…

Adidas (ADSGn.DE) is expected to report strong second-quarter sales and its highest profit margin in…

Goldman Sachs Asset Management (GSAM) executives forecast the U.S. economy to grow at about 2%…

Energy giant Saudi Aramco has begun issuing US dollar-denominated international bonds under its Global Medium…

Singapore Exchange (SGX) currently has no plans to allow cryptocurrency listings, according to CEO Loh…

Private equity firm Bain Capital is close to acquiring U.S. financial software vendor Envestnet, valued…

As HSBC prepares to appoint its third CEO in nine years, the bank is considering…

Japan’s Nikkei index reached a record high on Tuesday, climbing 1.5% due to gains in…

Investment in Middle East and North Africa (MENA) tech startups slowed in June, with 38…

Saudi National Bank (SNB) has become the first financial institution in Saudi Arabia to access…

Charlie Munger, the late Vice Chairman of Berkshire Hathaway, never hesitated to praise Amazon.com Inc….

The euro fell by 0.2% to $1.0819, and French bond futures dipped 20 ticks, reflecting…

U.S. and Australian officials announced on Monday their commitment to enhancing financial connectivity in the…

Bitcoin is facing renewed pressure due to concerns over potential sales by creditors of the…

British fintech company Revolut’s CEO Nikolay Storonsky plans to sell part of his multibillion-dollar stake…

Saudi Reinsurance Co. plans to boost its capital by SR267.3 million ($71 million) through a…

Key Points Samsung Electronics has stunned markets with a projected 15-fold increase in second-quarter operating…

Key points: At the World Artificial Intelligence Conference in Shanghai, Chinese tech titans SenseTime and…

Key Points: Japan has introduced its first new banknotes in two decades, featuring cutting-edge anti-counterfeiting…

Key Points: In a stunning technological leap, a French AI lab has unveiled ‘Moshi’, a…

China’s BYD announced on Saturday its acquisition of a 20% stake in its local distributor…

India’s Bandhan Bank announced on Saturday the appointment of Ratan Kumar Kesh as its interim…

Wall Street stock indexes closed higher on Friday, with the Nasdaq and S&P 500 reaching…

Arkhouse Management and Brigade Capital Management have increased their bid to acquire Macy’s for approximately…

The S&P 500 and Nasdaq achieved record high closes on Wednesday, buoyed by data suggesting…

Ericsson (ERICb.ST) announced a noncash impairment charge of 11.4 billion Swedish crowns ($1.09 billion) for…

BYD Co., Ltd. (OTC:BYDDY) is set to surpass Tesla, Inc. (NASDAQ:TSLA) in battery electric vehicle…

U.S. equities were mixed midday Wednesday before the close of a holiday-shortened session, with the…

Amazon founder Jeff Bezos plans to sell $5 billion worth of shares after Amazon’s stock…

Saudi Arabia’s Public Investment Fund (PIF) retained its top position in the Middle East and…

British fintech company Revolut announced a record pretax profit of £438 million ($553.81 million) for…

Gold prices were flat on Wednesday as investors awaited the Federal Reserve’s policy meeting minutes…

Apple will gain an observer role on OpenAI’s board as part of a landmark AI…

Shari Redstone’s National Amusements has reached a preliminary deal to sell its controlling interest in…

Saudi Arabia’s Small and Medium Enterprise (SME) Bank disbursed SR1 billion ($267 million) between its…

Tesla beat delivery expectations in Q2 2024, delivering 443,956 vehicles, including 422,405 Model 3 and…

Hindenburg Research’s 2023 report on the Adani Group led to a significant market impact, erasing…

Saudi energy giant ACWA Power Co. has signed financing deals worth SR1.4 billion ($373.1 million)…

Private equity firm Blackstone (BX.N) is close to finalizing a deal to sell Japanese supplement…

Global hedge funds in June sold U.S. shares of technology, media, and telecommunications (TMT) companies…

A surge in U.S. stocks driven by enthusiasm for artificial intelligence is drawing comparisons to…

Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), reported record financial results for…

Nike (NKE) stock plunged as much as 11% in after-hours trading on Thursday following revised…

Nokia (NOKIA.HE) will acquire Infinera Corp (INFN.O) in a $2.3 billion deal, aiming to bolster…

Gold prices eased on Friday but were set for a third straight quarterly rise as…

Meta, Facebook’s parent company, is considering blocking news content in Australia if required to pay…

Saudi Arabia’s financial technology sector is drawing artificial intelligence startups like Singaporean AI-powered Dyna.Ai. The…

Webtoon Entertainment (WBTN.O) has priced its initial public offering (IPO) at $21 per share, the…

The U.S. Securities and Exchange Commission (SEC) could approve exchange-traded funds (ETFs) tied to the…

Japanese Finance Minister Shunichi Suzuki stated on Thursday that authorities are prepared to take necessary…

Saudi Arabia’s Tadawul All Share Index fell on Wednesday, losing 74.42 points, or 0.63 percent,…

South Korean gaming company Shift Up is poised to price its initial public offering (IPO)…

Saudi Aramco has agreed to buy 5 million tonnes of liquefied natural gas (LNG) per…

German sandal maker Birkenstock announced on Wednesday it has priced a $756 million secondary offering…

Dubai: Arabian Mills for Food Products plans to list 15.4 million shares, representing a 30%…

Bank of Canada Governor Tiff Macklem forecasts a soft landing for the country’s economy, suggesting…

Siemens Energy has signed a $1.5 billion deal to supply key components for the Taiba…

Quantum Capital Group has agreed to purchase Caerus Oil and Gas in a deal valuing…

Saudi Arabia’s bond market is poised for expansion, reflecting significant growth opportunities in the Kingdom’s…

German automaker Volkswagen Group announced a $5 billion investment in U.S. electric-vehicle maker Rivian as…

The cryptocurrency market grapples with significant losses following its second-worst weekly decline of 2024, driven…

Microsoft’s $1.5 billion investment in the AI firm G42, based in the United Arab Emirates,…

Most investors are active fund managers who have already increased their exposure to India ahead…

The World Bank has sanctioned $700 million to support Egypt’s private sector, economic resilience, and…

IBM shares gained 1.5% on Monday after Goldman Sachs initiated coverage with a “buy” rating…

TWFG announced a nearly 27% increase in annual net profit, reaching $26.1 million for the…

Saudi Arabia’s construction output value is forecasted to reach $181.5 billion by 2028, marking a…

Under Armour announced on Friday that it has agreed to a $434 million settlement to…

Oman’s capital market has seen a significant increase in foreign investment, attracting investors from 135…

Apple’s App Store rules have been found in breach of EU tech regulations, according to…

The recent turmoil in French bond markets serves as a stark reminder for the United…

Nvidia has entered into an agreement to deploy its artificial intelligence (AI) technology in data…

China’s ByteDance is partnering with U.S. chip designer Broadcom to develop an advanced AI processor,…

Saudi Arabia’s trade balance surplus soared to a year-high of SR41.4 billion ($11.04 billion) in…

The U.S. Transportation Department announced on Thursday that Emirates has been fined $1.5 million for…

New York Community Bancorp (NYCB) announced on Thursday its acquisition of assets from the failed…

Japanese shares rose on Friday, outshining weaker Asian markets, following the Bank of Japan’s (BOJ)…

The tech momentum trade that has driven the stock market higher over the past year…

Saudi Manpower Solutions Co. (SMASCO), the Kingdom’s leading service provider, is set to expand its…

ACWA Power plans to raise SR7.13 billion ($1.89 billion) to support its ambitious growth strategy….

Inflation in the US showed signs of easing in May, with the Consumer Price Index…

The European Commission announced additional duties of up to 38.1% on Chinese electric vehicles (EVs)…

Elon Musk has withdrawn his lawsuit against OpenAI, which he co-founded, accusing it of deviating…

Apple has introduced “Apple Intelligence,” a suite of AI features for its devices, in collaboration…

Fintech companies are rapidly expanding in Saudi Arabia, with the nation becoming an increasingly attractive…

Mexican magnate Carlos Slim has acquired a 3.16% stake in BT, Britain’s largest broadband and…

Virgin Galactic Holdings Inc. saw its shares tumble after the company’s board of directors agreed…

General Motors (GM) announced Tuesday that its board has approved a new repurchase authorization to…

The S&P 500 and Nasdaq achieved record closing highs for the second consecutive day on…

Capital Group, a Los Angeles-based firm renowned for its active fund management, is set to…

The Organization of the Petroleum Exporting Countries (OPEC) has maintained its projection for global oil…

UBS’s takeover of Credit Suisse has sparked concerns about the repercussions for Swiss companies due…

Saudi Arabia’s pioneering electric vehicle brand, Ceer, has finalized an SR8.2 billion ($2.18 billion) agreement…

Crypto investment products saw nearly $2 billion in inflows last week, extending a five-week run…

Japanese startup Timee, which operates a platform connecting workers seeking side gigs with labor-strapped businesses,…

Interglobe Enterprises, the largest shareholder in India’s IndiGo airline, will sell a 2% stake in…

Mining giant Rio Tinto announced it will acquire Mitsubishi Corp’s 11.65% stake in Boyne Smelters…

JPMorgan has upgraded Walmart to ‘Overweight’ from ‘Neutral’ and raised its price target to $81,…

Apple’s recent developer conference went beyond showcasing the latest AI technology, including integrations with ChatGPT,…

Energy giant Saudi Aramco has retained the top spot in Forbes Middle East’s Top 100…

Jensen Huang, co-founder and CEO of Nvidia, has risen significantly in the ranks of the…

In a surprising shift, Dr Pepper has overtaken Pepsi in sales, making it the second…

The International Islamic Trade Finance Corp. (ITFC), a key entity within the Islamic Development Bank…

Activist investor Elliott Investment Management has acquired a nearly $2 billion stake in Southwest Airlines…

The euro dropped to $1.0764, its lowest since May 9, after French President Emmanuel Macron…

Kuwait has secured an ‘A+’ sovereign credit rating with a stable outlook from Standard &…

Investors are keenly watching the Federal Reserve’s upcoming policy update on Wednesday, which will provide…

Saudi Arabia’s real gross domestic product (GDP) grew by 1.4 percent in the first quarter…

The oil and gas industry needs cumulative investments of $4.3 trillion from 2025 to 2030…

Saudi Arabia’s Tadawul All Share Index rose by 7.23 points, or 0.06 percent, closing at…

Meta (META.O) has launched its first AI-driven ad targeting program for businesses on WhatsApp, aiming…

Shares of GameStop (GME.N) surged nearly 50% on Thursday after Keith Gill, known online as…

A Sinopec service unit announced on Thursday that it has signed a 7.956 billion yuan…

BlackRock Inc., Citadel Securities, and other investors are backing a new Texas stock market, challenging…

The Saudi Central Bank (SAMA) has partnered with international financial institutions and central banks to…

Wall Street rallied on Wednesday, driven by a stronger-than-expected expansion in services activity for May,…

The timeline for when exchange-traded funds (ETFs) tied to the cryptocurrency ether can commence trading…

Nvidia (NVDA.O) surged to record highs on Wednesday, with the AI chipmaker’s valuation breaching the…

Saudi Arabia’s Public Investment Fund (PIF) has successfully priced its inaugural sterling bond offering of…

Oman’s sovereign wealth fund, managed by the Oman Investment Authority (OIA), reported a significant growth…

Elliott Management has rebuilt a stake worth over $2 billion in SoftBank Group (9984.T) and…

Jupiter Fund Management (JUP.L) announced on Wednesday that Alex Savvides will assume management of its…

Apollo Global Management (APO.N) has agreed to acquire a 49% equity interest in Intel’s (INTC.O)…

Tesla (TSLA.O) is projected to spend between $3 billion and $4 billion on Nvidia (NVDA.O)…

Saudi-listed ACWA Power has agreed to sell 30 percent of its stake in the Rabigh…

Google has unveiled new AI tools designed to boost advertising and search capabilities for brands…

Luxury conglomerate LVMH has announced the extension of its partnership with Alibaba Cloud to leverage…

Global reserve managers are increasingly leaning towards the high-yielding U.S. dollar, spurred by geopolitical tensions…

Saudi budget airline flyadeal is evaluating a significant order for between 10 and 20 wide-body…

A technical glitch at the New York Stock Exchange (NYSE) on Monday resulted in incorrect…

Spotify (SPOT) stock jumped 5.6% on Monday following the announcement of upcoming price hikes for…

NuScale Power (NYSE: SMR) has captivated Wall Street, with its stock soaring over 100% in…

Artificial intelligence is becoming a pivotal tool in investment decisions at top asset managers, including…

The Dow Jones Industrial Average and S&P 500 ended higher on Friday, with the Dow…

Fintech startup Thimsa, co-founded by two Saudi entrepreneurs and a financial expert, has launched a…

A Tesla shareholder has filed a lawsuit accusing CEO Elon Musk of insider trading, alleging…

The global liquefied natural gas (LNG) supply is set to increase by 80% by 2030,…

Wall Street saw stocks drop and bonds rise following data indicating a slowdown in economic…

Klarna’s CEO, Sebastian Siemiatkowski, sparked a heated debate on social media after revealing how the…

Shares of Trump Media & Technology Group (DJT.O) fell 6.5% late on Thursday after a…

Saudi Aramco announced plans to sell 1.545 billion shares valued at over $10 billion on…

Netflix stock surged 2% following optimistic assessments from Wall Street analysts highlighting its growth potential….

Elon Musk, who covertly acquired a significant stake in Twitter Inc. in early 2022 before…

HP Inc. surpassed Wall Street estimates for second-quarter revenue, signaling a revival in the PC…

Billionaire Nelson Peltz’s Trian Fund Management has sold its entire stake in Walt Disney following…

Saudi Arabia’s Alat has partnered with Lenovo Group to invest $2 billion through zero-coupon convertible…

Salesforce (CRM.N) shares dropped more than 16% after trading hours on Wednesday following the company’s…

China’s economy is projected to grow 5% in 2024, up from the earlier forecast of…

Hess shareholders approved the proposed $53 billion merger with Chevron, positioning Chevron to gain a…

While many perceive Saudi Arabia solely as an oil exporter, its economy is already diversified…

Robinhood Markets (HOOD.O) announced its first share buyback plan on Tuesday, committing to repurchase $1…

Seoul city authorities have discovered high levels of toxic chemicals in children’s products sold by…

Saudi tech company Al-Moammar Information Systems Co. (MIS) plans to invest $1 million in a…

Oil prices edged up in Asia on Tuesday, extending gains from the previous session due…

Quarterly earnings are crucial for evaluating a company’s performance. Potbelly (NASDAQ: PBPB) reported Q1 revenues…

The European Central Bank (ECB) should primarily use quantitative easing (QE) programs during times of…

Gold prices held steady on Tuesday, with spot gold flat at $2,350.85 per ounce as…

The Abu Dhabi National Oil Co. (ADNOC) has announced plans to increase its local manufacturing…

Private sector participation in Riyadh’s Sports Boulevard project is set to increase as the foundation…

Japan renewed efforts to counter excessive yen falls during the G7 finance leaders’ weekend meeting,…

If Donald Trump returns to the White House, it would worsen budget deficits and negatively…

UBS has ruled out appointing an outsider as the successor to CEO Sergio Ermotti, planning…

S&P Global Ratings has reaffirmed Bahrain’s “B+/B” credit standing with a stable outlook, recognizing the…

Elon Musk’s artificial intelligence startup, xAI, has raised $6 billion in a Series B funding…

Samsung Electronics’ latest high bandwidth memory (HBM) chips have failed Nvidia’s tests for AI processors…

Despite recent positive economic indicators in Europe, such as falling inflation and anticipated growth, Ryanair’s…

Saudi Aramco, the world’s largest oil producer, is investing heavily in environmental research and technologies….

US stocks suffered significant losses on Thursday, with the Dow Jones recording its worst day…

Manchester United (NYSE:MANU) has been reported as the world’s most valuable football club, with a…

Global hedge funds have increased their holdings of Chinese equities for the fourth consecutive week,…

EU states have finalized landmark regulations on artificial intelligence (AI) that will govern powerful systems…

A conservative shareholder has withdrawn a resolution filed for a vote at JPMorgan’s annual meeting…

UK regulators have imposed a combined £62 million fine on Citigroup for inadequate controls in…

The Saudi Power Procurement Co. signed two significant power purchase agreements with a consortium led…

Palo Alto Networks Inc. experienced a significant decline in late trading following a downbeat forecast…

Florida-based Hard Rock International has denied any involvement in a takeover bid for Australia’s Star…

Brokerages have increased their year-end targets for the S&P 500, driven by expectations of a…

Italy’s significant budget deficit and soaring debt, coupled with delays in post-COVID EU fund spending,…

Riyadh Air, Saudi Arabia’s newest airline, will debut its cabin crew uniforms at the upcoming…

Nvidia Corp. CEO Jensen Huang announced a strategic partnership with Dell Technologies Inc. aimed at…

Britain’s Sainsbury’s (SBRY.L) announced a five-year strategic partnership with Microsoft (MSFT.O) on Friday, leveraging the…

Shares of HSBC Holdings fell over 3% in Hong Kong on Friday following reports that…

The Dow Jones Industrial Average (.DJI) briefly surpassed 40,000 points for the first time in…

Saudi Arabia’s holdings in US treasuries rose for the eighth consecutive month in March, reaching…

Netflix Inc. has reported a significant surge in its ad-supported membership, now boasting 40 million…

Cristiano Ronaldo, the renowned Portuguese footballer, has made a substantial investment in Whoop, a wearable…

Egypt’s Talaat Moustafa Group secured reservations worth EGP 11.5 billion (SAR 920 million) for units…

Global consulting firm North Highland plans to invest millions of dollars in Saudi Arabia, aiming…

Siemens (SIEGn.DE) reported a decline in second-quarter earnings for its industrial business on Thursday, attributing…

Pfizer (PFE.N) will pay up to $250 million to settle more than 10,000 U.S. lawsuits…

The day before Elon Musk dismissed nearly all of Tesla’s electric-vehicle charging division last month,…

The new chief executive of Britain’s BT Group (BT.L), Allison Kirkby, outlined a plan on…

The Center for Space Futures, hosted by the Saudi Space Agency, aims to unite space…

North East England anticipates a significant economic upturn with a pledged investment of £3 billion…

Meme stocks are back in the spotlight, igniting excitement among enthusiasts, frustration among critics, and…

The eagerly anticipated GREAT Futures Initiative Conference is poised to commence on Tuesday in Riyadh’s…

In response to a takeover bid from BHP Group, Anglo American announced a comprehensive strategy…

Oman’s public debt reached 15.1 billion Omani rials ($39.23 billion) by the end of March,…

In Monday’s trading session, Saudi Arabia’s Tadawul All Share Index closed at 12,259.60 points, marking…

Japan’s Nippon Steel is steadfast in its plan to finalize a deal to buy U.S….

Hong Kong is in the process of developing an exchange-traded fund in collaboration with Saudi…

Uber (UBER.N) reported a surprise quarterly loss and forecasted gross bookings below Wall Street expectations,…

New York Community Bancorp (NYCB.N) held its position as the cheapest U.S. bank stock among…

Online brokerage Robinhood Markets (HOOD.O) surpassed estimates for first-quarter profit on Wednesday, largely due to…

Saudi telecom giant stc Group has received approval from the Saudi Central Bank for the…

Collapsed cryptocurrency exchange FTX claims it has amassed billions more than needed to repay its…

The S&P 500 and Dow Jones Industrial Average both managed to end slightly higher on…

Morgan Stanley has revised its forecast for when the U.S. Federal Reserve will begin lowering…

Toyota Motor Corp is forecasting a 20% decline in profit for the current financial year…

Telefonica Germany will shift one million 5G customers to Amazon Web Services (AWS) cloud later…

At Berkshire Hathaway’s annual meeting, Warren Buffett assured shareholders that Vice Chairmen Greg Abel and…

Bioniq, in partnership with Al Borg Diagnostics, is set to offer personalized supplements based on…

Saudi Aramco reported a net profit of $27.27 billion for the first quarter of this…

UAE’s Mubadala Capital plans to invest $13.5 billion in Brazil’s biofuel market over the next…

Ulrich Korner, who served as the final CEO of Credit Suisse, is set to leave…

BlackRock Saudi Arabia and the Public Investment Fund (PIF) have signed a memorandum of understanding…

Exxon Mobil Corp is on the verge of finalizing its $60 billion acquisition of Pioneer…

A Russian court has overturned the seizure of a portion of JPMorgan Chase’s assets in…

Saudi banks may turn to alternative funding strategies due to the rapid increase in lending,…

Saudi Arabia is set to transform its healthcare sector by adopting artificial intelligence (AI) technologies,…

HSBC Group Chief Executive Noel Quinn is unexpectedly stepping down from his role after nearly…

SES, the European satellite company, has agreed to acquire all shares of Intelsat Holdings in…

Seoul, South Korea – Samsung Electronics, the world’s largest memory chip maker, reported a staggering…

Elon Musk’s recent whirlwind trip to Beijing ended on Monday as the Tesla CEO pushed…

Governor Ayman Al-Sayari of Saudi Arabia’s central bank addressed the evolving global landscape at a…

The yen experienced a sudden jump against the dollar on Monday, attributed to yen-buying intervention…

Saudi Aramco and Rongsheng Petrochemical Co. are exploring a joint venture to enhance Saudi-Chinese investments…

Reinold Geiger, the billionaire owner of L’Occitane International, is close to making a proposal to…

Anglo American has dismissed a takeover bid from rival miner BHP Group, valuing it at…

IBM announced it will acquire HashiCorp in a deal valued at $6.4 billion to boost…

Saudia has launched a beta version of its AI-driven digital platform, the Travel Companion (TC),…

Oman’s Sohar Port is set to house a new $1.6 billion liquefied natural gas (LNG)…

Visa’s second-quarter results exceeded Wall Street’s expectations, as consumers continued to swipe their cards for…

Final preparations are underway in Riyadh, Saudi Arabia, for a special meeting of the World…

Saudi Arabia’s burgeoning cinema industry has seen rapid growth, accumulating SR3.7 billion ($986 million) in…

The International Monetary Fund (IMF) emphasized the importance of tackling challenges faced by low-income countries…

UBS is making significant cuts to its China private funds business, with plans to shut…

Microsoft has announced a significant investment of $1.5 billion in G42, an artificial intelligence firm…

Jesse Cohn, managing partner at Elliott Investment Management, expressed optimism about the e-commerce platform Etsy,…

Saudi Arabia’s Riyad Bank has given the green light for the evaluation and preparation of…

OpenAI has restructured the governance of its venture capital fund, altering the ownership structure to…

Saudi Exchange celebrated a significant milestone with its 400th listing, reflecting the growing appeal and…

Amid a backdrop of optimism regarding the global economy, Chinese shares spearheaded a rally across…

U.S. intelligence officials recently briefed senators on allegations that Chinese pharmaceutical firm WuXi AppTec had…

In a recent statement, Ayed Al-Qahtani, director of the research division at OPEC, emphasized the…

Shares of Donald Trump’s Trump Media & Technology Group (TMTG) skyrocketed as much as 59%…

Global hedge funds have been reallocating their portfolios this year, adding European stocks while reducing…

Global bank messaging network SWIFT is gearing up to launch a new platform within the…

The share price of Saudi Research and Media Group (SRMG) soared by 9.96 percent on…

Bond traders are cautiously reloading wagers on interest rate cuts following signals from the Federal…

BlackRock, the world’s largest asset manager, expressed dismay over the Texas Permanent School Fund’s (PSF)…

Nike (NKE.N) faces investor skepticism as it grapples with dwindling market share in the face…

Franklin Templeton, a prominent US investment manager, has inaugurated its operations in Riyadh after securing…

Cohere, an emerging player in the artificial intelligence (AI) landscape, is on the brink of…

In response to evolving market dynamics and limited growth prospects in traditional telecom operations, telecommunication…

On Tuesday, Wall Street’s major indexes closed in the green, buoyed by a rebound in…

In Monday’s trading session, Saudi Arabia’s Tadawul All Share Index closed at 12,772.46 points, marking…

Apple is reportedly in discussions to incorporate Google’s Gemini artificial intelligence engine into the iPhone,…

Reddit’s impending initial public offering (IPO) has garnered substantial investor interest, with sources revealing that…

Robinhood Markets Inc. witnessed a substantial surge in trading volumes during February, with its stock…

Saudi Public Investment Fund subsidiary, Jada Fund of Funds, has ventured into venture debt, investing…

In a groundbreaking shift, Oracle has achieved a pivotal milestone as revenue from its cloud…

In the midst of the artificial intelligence craze dominating Wall Street, a more subdued yet…

Saudi Aramco, the state-owned oil giant, reported a 24.7% decline in net profit to $121.3…

Etihad Airways is gearing up for a potential initial public offering (IPO), a first for…

Bolt, the Estonian ride-hailing giant, is set to expand its operations in Saudi Arabia, capitalizing…

Low-cost carriers JetBlue Airways and Spirit Airlines have canceled their $3.8-billion merger agreement after a…

Volkswagen’s battery unit, PowerCo, is postponing considerations for a stock market listing until after 2026,…

Saudi Arabia is set to host LEAP 2024, the world’s most-attended tech event, from March…

Cryptocurrency exchange Gemini has reached a settlement with the New York Department of Financial Services…

Reliance Industries, led by Mukesh Ambani, and Walt Disney announced the merger of their India…

The International Monetary Fund (IMF) has received approval from the Shura Council of Saudi Arabia…

Emirati firm Mubadala Investment Co. and Goldman Sachs have unveiled a $1 billion partnership aimed…

Bitcoin reached a two-year high, surging over 10% in two sessions, propelled by significant purchases…

In a significant development, Ant Group, the fintech powerhouse affiliated with Alibaba, has reportedly taken…

Saudi Arabia’s Public Investment Fund (PIF) is reportedly in discussions to acquire a 36 percent…

Jamie Dimon, the CEO of JPMorgan Chase, has reportedly sold approximately $150 million worth of…

Saudi Arabia’s financial market is undergoing a transformative shift, witnessing the entry of sectors such…

Japanese stocks witnessed a historic surge, reaching a record peak, breaking levels last seen in…

EFG Hermes, a leading financial services company, has disclosed plans for three initial public offerings…

Capital One has unveiled plans to acquire U.S. credit card issuer Discover Financial Services in…

Saudi Arabia’s Capital Market Authority (CMA) Chairman, Muhammad bin Abdullah Al-Quwaiz, announced that the open…

Warren Buffett’s Berkshire Hathaway has sold a fraction of its massive stake in Apple, according…

Japan has unexpectedly slipped into a recession at the close of last year, relinquishing its…

The United Arab Emirates (UAE) has unveiled a groundbreaking $500 million program to accelerate research…

In a move raising eyebrows, Amazon founder Jeff Bezos has sold 24 million shares of…

On Monday, the Nasdaq briefly flirted with surpassing its previous record closing high from November…

Google is intensifying the competition in the generative AI arena with the launch of its…

The seasonally adjusted Riyad Bank PMI for Saudi Arabia slipped to 55.4 in January, down…

Digital World Acquisition Corp (DWAC), the blank-check company set to take former U.S. President Donald…

U.S. data security software firm Cohesity has announced its agreement to acquire Veritas’ data protection…

Wall Street’s growing optimism toward artificial intelligence has positioned Nvidia (NVDA) on the verge of…

Saudi Arabia’s ambitious giga-project, NEOM, has inaugurated its first office in New York City as…

The Public Investment Fund (PIF) is set to host its second PIF Private Sector Forum…

Swiss banking giant UBS reported a net loss attributable to shareholders of $279 million for…

Asian shares faced volatility on Monday as a robust US jobs report dashed hopes for…

Saudi Arabia’s Arabian Internet and Communications Services Co., known as Solutions by stc, has acquired…

Meta Platforms, the parent company of social network Facebook, has marked a significant milestone by…

Saudi Arabia is reportedly considering selling an additional stake in Saudi Aramco in February, aiming…

The global merger and acquisition market faced a substantial 15 percent year-on-year decline, plummeting to…

On Tuesday, Saudi Arabia’s Tadawul All Share Index faced a notable setback, declining by 2.18…

Citigroup’s stock, while having experienced its share of ups and downs, has remained relatively stagnant…

Goldman Sachs CEO, David Solomon, asserts that while the probability of a global recession in…

In response to Saudi Arabia’s strategic push to become a regional fintech leader, Ryalize, a…

Tesla’s latest earnings call has triggered a harsh response from Wall Street, causing a steep…

Microsoft reached a historic milestone on Wednesday as its stock surged 1.3%, surpassing $404 per…

Saudi Arabia has achieved a remarkable advancement in the World Bank’s Statistical Performance Indicators (SPI)…

Alibaba Group Holding Ltd. experienced a notable upswing, gaining its most in six months, following…

The Saudi Central Bank, also known as SAMA, continues to pave the way for financial…

In a meteoric rise fueled by the AI frenzy, Nvidia (NVDA) hit a historic milestone…

Investors may be treading on precarious ground as two-thirds of respondents in the Bloomberg Markets…

Rishi Kapoor, co-CEO of Bahrain-based Investcorp, has identified Saudi Arabia and the broader Middle East…

Abu Dhabi-based artificial intelligence and cloud computing firm, G42, has revealed an undisclosed investment in…

The Organization of the Petroleum Exporting Countries (OPEC) has upheld its optimistic outlook for global…

In a note released on Wednesday, Bank of America declared Netflix as the undisputed “king…

In a significant market shift, Apple’s iPhone has surpassed Samsung’s devices, clinching the title of…

Saudi Arabia’s Electric Vehicle Infrastructure Company, EVIQ, has marked a historic moment with the inauguration…

Chinese military bodies, state-run AI research institutes, and universities have managed to skirt U.S. restrictions,…

FedEx has revealed plans to launch a new data-driven commerce platform named fdx this fall,…

Saudi Arabia has unveiled five new “premium residency products” as part of its strategic efforts…

Riyadh-based pharmaceutical giant Avalon Pharma has announced the pricing range for its upcoming initial public…

In a historic move, the U.S. Securities and Exchange Commission (SEC) has granted approval for…

Several multinational giants, including Google, Microsoft, and Amazon, have secured licenses for regional headquarters in…

Saudi Arabia has emerged as a trailblazer in the Middle East and North Africa (MENA)…

Wealth managers across Asia are increasingly establishing offices in Dubai, taking advantage of improved diplomatic…

In a strategic move to foster cross-border economic collaboration, Sohar International, the second-largest bank in…

Saudi Aramco CEO Amin Nasser has secured the top position on Forbes Middle East’s prestigious…

In a shocking turn of events, Apple faced a dismal start to the new year…

In a recent interview with CNBC, Deepwater Asset Management managing partner Gene Munster expressed optimism…

The Brics bloc has expanded its horizon with the inclusion of Saudi Arabia and the…

On the first trading day of the year, the dollar maintained stability as traders assessed…

In 2023, Saudi Arabia’s Public Investment Fund (PIF) emerged as a powerhouse in global sovereign…

In a groundbreaking move, Qatar has inked a momentous agreement with Shell in Singapore, solidifying…

Pakistan’s stock market witnessed its steepest single-day decline on Tuesday, with the benchmark KSE100 index…

In a strategic collaboration poised to boost Saudi Arabia’s fintech sector, Fintech Saudi has entered…

SoftBank Group Corp has announced that it will be receiving shares in T-Mobile US worth…

In a significant boost to Thailand’s electric vehicle (EV) ambitions, major Japanese auto manufacturers are…

Saudi Arabia is poised to revolutionize its communications infrastructure with the establishment of the Kingdom’s…

OpenAI is reportedly in preliminary discussions to secure a new funding round, targeting a valuation…

Chinese electric car manufacturer Nio (9866.HK) showcased its latest flagship model, the ET9 executive sedan,…

Saudi Arabia’s Tadawul All Share Index experienced a slight dip on Thursday, losing 80.97 points,…

In a significant move to consolidate its financial landscape, Canada granted approval on Thursday for…

Alphabet Inc.’s (NASDAQ: GOOGL)(NASDAQ: GOOG) shares rose 1.2% on Wednesday, outperforming the broader market’s 1.5%…

Bahrain’s sovereign wealth fund, Mumtalakat, announced on Tuesday that shareholders of McLaren Group have given…

On Wednesday, Toshiba (6502.T) witnessed the end of its 74-year tenure on the Tokyo exchange,…

About six months before Credit Suisse’s weekend rescue by UBS, the Swiss central bank, led…

Tamara, the buy now, pay later (BNPL) platform, has achieved unicorn status with a $1…

As optimism grows for stocks hitting record highs in 2024 following a dovish signal from…

Saudi Arabia’s financial technology landscape is poised for expansion as the Saudi Central Bank, also…

Lucid Group, the California-based electric vehicle maker, has successfully assembled close to 800 cars at…

Berkshire Hathaway, the multinational conglomerate led by Warren Buffett, has significantly increased its investment in…

Oracle has unveiled a transformative initiative in partnership with Future Work and the Saudi Ministry…

Evercore ISI, a prominent financial advisory firm, has issued a warning that the stock market…

Saudi Aramco, the world’s largest oil-producing company, has announced a strategic move to acquire a…

Saudi Arabia and China’s capital markets are set to strengthen collaboration following an agreement between…

JPMorgan Chase (JPM.N), the world’s third-largest global custodian, is poised to outsource its local custody…

Elon Musk’s SpaceX is reportedly in talks to sell $500 million to $750 million worth…

Binance, one of the world’s largest cryptocurrency exchanges, has withdrawn its application for a license…

In the realm of Saudi Arabia’s financial markets, the Tadawul All Share Index experienced a…

Most Asian stocks encountered declines on Thursday, driven by lingering apprehensions about a Chinese economic…

PensionDanmark, one of Denmark’s largest pension funds managing assets for 823,000 Danes, announced on Wednesday…

Saudi Arabia has announced a bold move to entice foreign companies to establish their regional…

In a recent investor update, Wells Fargo CEO Charlie Scharf shared insights into the bank’s…

Amidst concerns about plummeting oil prices, Saudi Arabia is contemplating a strategic move to flood…

Stock futures saw a minor downturn on Monday night as major averages took a breather…

In a bold move to solidify its standing in the global aviation landscape, Saudi Arabia…

In a resounding comeback, Bitcoin has breached the $40,000 mark for the first time this…

As world leaders convene at the opening of the high-level UN climate talks in Dubai…

Gold prices are poised for a third consecutive weekly climb, reaching $2,042.58 per ounce by…

Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), has solidified its strategic presence…

In a recent interview at the New York Times Dealbook Conference, Walt Disney’s Chief Executive…

In a significant shift, Apple (AAPL.O) is reportedly severing ties with its credit card collaboration…

Charles Munger, the long-time partner of Warren Buffett and vice chairman of Berkshire Hathaway Inc.,…

In a landmark decision, Riyadh has emerged victorious in the bid to host the World…

The European Union’s antitrust regulator has raised formal objections to Amazon’s proposed $1.45 billion acquisition…

S&P Global has reaffirmed Abu Dhabi’s credit rating at a formidable “AA/A-1+” in both local…

In a surprising turn of events, Toyota’s steadfast commitment to hybrid vehicles appears to be…

In the wake of a series of adverse developments, Bayer, a leading German pharmaceutical and…

In a day marked by diverse performances, Saudi Arabia’s Tadawul All Share Index closed 0.26…

In the aftermath of the recent drop in oil prices, OPEC+ is contemplating steeper production…

Nvidia, a powerhouse in the realm of AI technology, encountered a turbulent after-hours trading session…

In a recent statement to the Saudi Press Agency, Yaarub Al-Yaarubi, the senior adviser to…