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…
Category: FINANCE
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…
China Denies It Is Currently in Talks with Washington over Tariffs
Beijing on Thursday denied it has held trade talks with Washington despite repeated comments from the US government suggesting there…
Gold Slips More Than 1% as China Considers US Tariff Exemption
Gold prices lost more than 1% on Friday and were heading for a weekly fall on signals of a potential…
After Tesla’s Earnings Slide, Pressure’s On for Cybercab
The future of Elon Musk’s electric car company is murky. It may rest on Tesla’s forthcoming self-driving taxi service, which…
IMF Cuts Growth Forecasts for Most Countries due High US Tariffs
The International Monetary Fund on Tuesday slashed its growth forecasts for the United States, China and most countries, citing the…