Tag: News

Gold at over one-week low on firm dollar, US payrolls data awaited

Gold prices eased to their lowest in more than a week on Tuesday, pressured by a firm dollar, while investors awaited U.S. non-farm payrolls...

Nasdaq Dubai Lists USD 400 Million Bonds from Agricultural Bank of China

Nasdaq Dubai has announced the listing of USD 400 million Floating Rate Notes by Agricultural Bank of China (DIFC Branch). This marks the Bank’s...

Stock markets wobble on China woes

Data showing weak Chinese economic performance hit stock market trading on Monday, offsetting optimism over an expected US interest-rate cut. Major Asian markets mostly closed...

SAMA Announces Issuance of Second Release of Open Banking Framework

The Saudi Central Bank (SAMA), as per a press release, has announced the issuance of the second release under the Open Banking Framework, focused...

SAMA Permits New FinTech Companies to Launch Open Banking and Peer-to-Peer Lending Platforms

The Saudi Central Bank (SAMA), as per a press release, permitted three new FinTech startups to test their innovative solutions in SAMA's regulatory sandbox....

UAE and Brics: Partnership seeking to enhance global development, prosperity

The UAE’s accession to the Brics group has embodied its commitment to multilateralism and constructive dialogue, aiming to support development, prosperity, and wellbeing for...

Wall St Week Ahead: US stock rally broadens as investors await Fed

A broadening rally in US stocks is offering an encouraging signal to investors worried about concentration in technology shares, as markets await key jobs...

GCC can have big role in bitcoin mining’s green energy-driven future

As bitcoin mining undergoes major changes, the GCC region can have an important role in the transformation, which is being driven by a focus...

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Closing Bell: Saudi main index retreats to 10,731.59

Parallel market Nomu lost 393.70 points to settle at...

50 Billion In Economic Power: Arab Women Are Rewriting the Startup Rules in the Gulf

Across the Gulf, a powerful wave of women entrepreneurs...