Economy
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MENA investors prepare for dynamic 2024 amid global unrest
In today’s highly interconnected global economy, geopolitical events and market fluctuations significantly influence investment strategies. Investors in the Middle East are currently…
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Saudi Arabia’s Avalon Pharma prices IPO at top of range
Saudi-based Middle East Pharmaceutical Industries Company, known as Avalon Pharma, priced its initial public offering (IPO) at the top of…
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How to invest in Saudi Arabia stock market – all you need to know
One of the leading emerging market exchanges globally, the stock markets in Saudi Arabia offer unique opportunities for investors seeking to grow…
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UAE’s ADNOC boosts budget allocation for lower-carbon projects to $23 bln
The state-owned Abu Dhabi National Oil Company said on Mon-day it would allocate $23 billion for decarbonization and lower-carbon projects,…
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Sony calls off merger with India media giant Zee
Sony’s Indian arm has scrapped a planned merger with Zee Entertainment which would have formed one of India’s largest entertainment…
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Saudi launches administrative court to boost investor confidence
Saudi Arabia launched on Monday its first administrative enforcement court with jurisdiction over government entities and officials in a bid…
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Saudi Arabia’s PIF three-part bond sale receives over $20 billion in orders
Saudi Arabia’s sovereign wealth fund has received orders for over $20 billion for its dollar-denominated triple-tranche bond sale announced on…
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Saudi Arabia’s Vision 2030 shines at Davos 2024
Saudi Arabia demonstrated – once again – its commitment to attracting investments to the Kingdom at this year’s Davos Forum.…
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S&P 500 surges to record high marking market rebound
Shares in the US rose to record highs on Friday, fuelled by tech stocks and rising hopes about the economy.…
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Sports Illustrated in further turmoil after AI scandal
The American sports magazine Sports Illustrated is facing further turmoil, after the media company charged with publishing the magazine has…
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