Saudi Wealth Fund Takes $15.6 Billion Hit From SoftBank and Tech
Saudi Arabia’s sovereign wealth fund reported a $15.6 billion comprehensive loss for 2022 after the value of its
2023-08-06 23:18
Damac Bets on a Rebound in London’s Office Space Market: FT
Dubai-based DAMAC Properties PJSC is planning to buy up London office space for the first time, betting on
2023-08-06 20:48
Emerging-Market Stocks Are Having a Moment as Growth Bets Return
Investors in emerging markets are shifting to stocks from bonds as they prepare for the world after monetary
2023-08-06 20:29
Saudis Boost Most Oil Prices to Asia, Europe as Market Tightens
Saudi Arabia raised nearly all oil prices for September to Asia and Europe as supply restrictions and rising
2023-08-06 00:16
Iran Revolutionary Guard Shows Missiles in New Hardware Display
Iran’s Islamic Revolutionary Guard Corps unveiled a new range of enhanced missiles on Saturday in its latest display
2023-08-05 18:52
Lab-Grown Meat Startup Seeks to Put Steak on British Menus
Cultivated meat startup Aleph Farms Ltd. is seeking regulatory approval to sell its beefsteak in the UK, as
2023-08-04 19:58
Saudi Budget Slips Deeper Into Deficit With Jump in Spending
Saudi Arabia’s budget deficit widened in the second quarter as the government raised spending on social benefits and
2023-08-04 15:25
Egypt Surprises With Rate Hike Even as Devaluation Delayed
Egypt unexpectedly resumed its cycle of monetary tightening, seeking to tame inflation that’s running at an all-time high.
2023-08-04 13:49
UAE’s $60 Billion Firm Chases Global Deals Despite Vodafone Snag
Vodafone Group Plc’s biggest shareholder is pushing ahead with an ambitious global expansion strategy, undeterred by a slump
2023-08-04 13:23
Oil Coasts to Sixth Weekly Gain After Saudi, Russia Extend Cuts
Oil headed for a sixth straight weekly gain, the longest winning streak in more than a year, after
2023-08-04 08:27
Credit Suisse Collapsed, And Switzerland Went Back to Making Money
In 2022 it was “Schwinger,” or traditional Swiss wrestlers, that were the star attraction. This year it was
2023-08-04 07:15
Stocks in Asia Face Mixed Open After US Bond Rout: Markets Wrap
Stocks in Asia are set for a mixed open following a slump in US equities and bonds, as
2023-08-04 06:50