Emirati Billionaire Hussain Sajwani to Invest $20 Billion in US Data Centers, Announced With Trump in Palm Beach
PALM BEACH, Florida: Emirati billionaire Hussain Sajwani promised a $20 billion investment in the booming US data center industry in…
flynas launches direct Dammam–Red Sea flights to boost Saudi tourism connectivity and RSI’s hub ambitions
RIYADH: Saudi low-cost airline flynas has launched a new direct route connecting Dammam’s King Fahd International Airport to the Red…
GCC public finances to post surpluses in 2024 and 2025 as debt stabilizes at 28% of GDP, report says
RIYADH: Public finances in the Gulf Cooperation Council countries are expected to maintain a stable trajectory, with a projected stabilization…
Saudi’s video game boom aims to diversify the economy and add $13B to GDP, experts say
RIYADH: The booming video game industry in Saudi Arabia is expected to play a crucial role in materializing the economic…
Saudi Arabia’s M&A approvals jump 17.4% to a record high as 202 deals cleared in 2024
RIYADH: Saudi Arabia saw a 17.4 percent surge in mergers and acquisitions approvals in 2024, reflecting the Kingdom’s efforts to…
Cargo Theft on Mexico’s Highways Has Become a Routine Cost of Doing Business
Late one Friday night, a truck carrying sound equipment for legendary cumbia band Los Angeles Azules was pulled over along…
Saudi Banks Ride Liquidity Pressure With Solid Asset Quality, Lean Costs, and Robust Risk Management
RIYADH: Saudi Arabia’s banking sector demonstrated resilience in 2024, supported by strong asset quality, improved cost efficiency, and disciplined
Cargo theft on Mexican highways has become routine, threatening supply chains
Late one Friday night, a truck carrying sound equipment for legendary cumbia band Los Angeles Azules was pulled over along…
ASEAN bets on major trade pacts, including DEFA, ATIGA upgrades, and deals with China and India, to boost intra-regional trade
Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz said on Tuesday that key trade deals such as…
Zafrul: Key ASEAN Deals to Boost Intra-Regional Trade, Including DEFA and ATIGA Upgrades
Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz said on Tuesday that key trade deals such as…
Economists See Minimal Inflation Impact From Malaysia’s RON95 Subsidy Reforms
Malaysia’s move to adjust subsidies for the widely used RON95 fuel is unlikely to have a significant impact on inflation,…
Lower Mortgage Rates Bring Relief to Homebuyers but Add Pressure on Homebuilder Stocks
US mortgage rates have fallen lower this week, with the 30-year fixed-rate mortgage now below 6.5% and the 15-year fixed-rate…