Economy
-
FTX: ‘King of Crypto’ parents sued over missing millions
The parents of FTX founder Sam Bankman-Fried are being sued for money they allegedly received improperly from the crypto firm…
Read More » -
Forget LA – it’s British film studios that are in demand
Like it or loathe it, the Barbie movie has been the cinematic blockbuster of the year, taking more than $1.38bn…
Read More » -
Saudi energy minister says OPEC+ cuts were needed to stabilize oil market
Saudi Arabia’s Energy Minister Prince Abdulaziz bin Salman on Monday defended OPEC+ cuts to oil market supply, saying international energy…
Read More » -
Dubai’s hospitality sector booms, number of hotel rooms to reach 154,000 in by 2023
An additional 9,200 hotels rooms are to be expected in Dubai by the end of 2023, according to a new…
Read More » -
IMF pledges to stay in ‘our lane’ on climate
The head of the International Monetary Fund (IMF) has acknowledged its limitations to act on climate change, saying other institutions…
Read More » -
Alibaba unveils $2 bln funding in Turkey e-commerce marketplace after meeting Erdogan
Alibaba Group Holding Ltd. announced plans to invest $2 billion in Turkey after a meeting with President Recep Tayyip Erdogan.…
Read More » -
Oman’s OQ Gas Networks sets offer price range for IPO
Oman’s OQ Gas Networks (OQGN), the pipeline business of state oil giant OQ, has set the offer price range for…
Read More » -
First grain ships arrive in Ukraine using new route
Two cargo ships have arrived at a Ukrainian port after travelling through the Black Sea using a new route, Ukrainian…
Read More » -
Abu Dhabi Intl Airport trials new Terminal A operations via community volunteers
As part of the ongoing operational readiness trials for the new Terminal A ahead of its opening in November, Abu…
Read More » -
Pakistan’s $40 bln housing investment potential highlighted at Cityscape Global Forum
With 70 percent of overseas Pakistanis channeling their remittances into the property and contributing $12 billion annually, there’s no denying…
Read More »