Worldwide

Trump introduces 100 percent tariff on foreign films: “We want movies made in America again”

Uncertainty remains on how tariffs will affect streaming services and box office revenues 

U.S. wants a fair trade deal with China, says Trump

When asked if any trade deals would be announced this week, Trump said that there could "very well be"

Warren Buffett to step down as CEO of Berkshire Hathaway – Who will lead next?

Buffett’s announcement was met with applause from 40,000 shareholders during the annual meeting 

Oil prices drop over $2 as OPEC+ agrees to increase production by 411,000 barrels

Barclays lowered its Brent forecast by $4 to $66 a barrel due to OPEC+ decisions

Dubai’s 24-carat gold prices up AED3.50; global rates rise on weaker dollar

Traders expect 80 basis points of rate cuts this year after strong job growth reported in April

Visa introduces AI shopping agents powered by OpenAI, Microsoft

Visa CEO emphasized the need for secure AI-enabled payments in evolving commerce landscape

Bitcoin surges above $96,880 as market shows signs of recovery, investor confidence grows

Increased trading volumes signal renewed bullish sentiment among both retail and institutional investors.

e& Wholesale Americas launches in Miami to boost connectivity, drive digital innovation and market access

The Miami office enhances C&WS’s global footprint, serving as a gateway to dynamic markets

Google’s new AI Mode offers innovative search capabilities to rival ChatGPT and Meta

The new AI Mode delivers a conversational interface for dynamic exchanges and user engagement 

Crude oil prices rise to $62.53 as China evaluates U.S. trade proposal

The United States has approached China to seek talks over Trump's 145 percent tariffs, and Beijing's door was open for discussions

BNY Mellon secures regional headquarters license in Saudi Arabia

New RHQ will enhance operations and services across the Middle East 

New Russia-North Korea bridge to boost trade and tourism, enhance economic ties

Finalized during Putin's 2024 visit, the bridge project aims to boost cross-border movement

Bank of Japan (BOJ) maintains rates at 0.5 percent, revises growth forecasts for 2025 and 2026

Cautious approach reflects concerns over U.S. tariffs impacting Japan's recovery prospects

Meta stock surges following strong Q1 2025 earnings report

Meta generated 42.31 billion percent in revenue and EPS of 6.43 percent, surpassing expectations

UAE unveils ‘Explorers of Space’ at Expo 2025 Osaka

The UAE Pavilion highlights how innovation in space is directly tied to practical, Earth-based solutions

Tesla stands behind Musk as CEO despite speculation of leadership change

The Board emphasizes confidence in Musk's ability to execute the company's growth plans 

U.S.-Ukraine mineral deal signed between U.S. and Ukraine

The agreement allows Washington to access rare earth minerals in exchange for investment funds

Crude oil prices fall to $63.12 amid prospects of stronger supply from OPEC+

Last month, Brent and WTI marked their biggest percentage drops since November 2021

UAE, Ecuadorian Presidents discuss renewable energy, trade opportunities

Leaders also discussed key sectors including agriculture, and mutual growth opportunities

Secure enterprise browser adoption to reach 25 percent among organizations by 2028: Gartner

Web browsers are key access points for corporate applications, requiring enhanced security 

Gold demand grows in Q1 2025 amid record high prices, gold ETF revival

Gold investment demand in the Middle East remained resilient amid continued geopolitical uncertainty

GCC countries contribute over 35 percent of all emerging-market U.S. dollar debt in Q1 2025, Fitch reports

Primary market dollar issuance shows promise despite recent quietness in the GCC region

Meta AI app launches: Users can now manage daily AI interactions all in one place

Users can switch between voice and text controls easily, customizing their AI experience as desired