business

Saudi Arabia’s stock market rises after S&P upgraded credit rating to ‘A+’

The upgrade is backed by better governance and stronger institutions, enhancing domestic capital markets' depth

UAE gold prices flat, global rates climb on safe-haven demand near $3,000

U.S. consumer sentiment hits two-and-a-half-year low as inflation expectations rise amid tariff fears

Oil prices rise to $71.73 on Red Sea tensions, China’s new plan

West Texas Intermediate (WTI) crude futures jumped 1.8 percent to $68.09 per barrel

How to invest in an IPO in the UAE: A step-by-step guide for investors

IPOs allow investors to diversify their investments across various UAE sectors, including tech, healthcare, and energy

J.P. Morgan cautions on 40 percent U.S. recession risk amid policy uncertainty

Kasman: “Where we stand now is with a heightened concern about the U.S. economy" 

Nasdaq Dubai welcomes $1 billion sukuk listing by Government of Ras Al Khaimah

The issuance attracted strong investor interest, with orders exceeding $4.4 billion, reflecting market confidence

Ripple secures Dubai license to offer crypto payments in UAE

The approval enables Ripple’s compliance-first global payments product to be accessible for businesses in the UAE

Saudi-backed Scopely to acquire Pokémon Go maker for $3.5 billion

In 2023, Scopely was acquired by Savvy Games Group, a subsidiary of Saudi Arabia’s PIF, for $4.9 billion

Canada to impose $20.7 billion retaliatory tariffs on U.S.

Canada stands as the largest foreign supplier of steel and aluminum to the U.S.