Trending
- Venture investments spark renaissance of Saudi innovation
- Saudi Arabia’s business landscape witnessing dynamic shift as AI adoption rises
- US seizure of Russian assets would accelerate de-dollarization – ex-IMF official
- France to fall out of world economy top ten – IMF
- Russia assesses impact of possible US seizure of assets
- Russia warns US, NATO against harming its security — diplomat
- NATO bears direct responsibility for Ukraine crisis — Chinese FM
- Iranian President Says Tehran Looks to Africa’s Interests
Economy
RIYADH: In Saudi Arabia, a dynamic transformation is unfolding within the entrepreneurial landscape, powered by the robust growth of venture capital, which achieved an impressive 86 percent compound annual growth rate from 2019 to 2023.
RIYADH: Saudi Arabia’s business environment has witnessed a drastic shift in recent years as employers consider artificial intelligence a critical tool for their operations.
The “weaponization” of the US dollar through the seizure of frozen Russian assets could prompt a global shift away from the greenback, Bloomberg reported on Wednesday, citing a former International Monetary Fund (IMF) official.
The initiative attracted thousands of foreign investors since 2013, with most buying real estate Spain…
Geopolitical tensions and political polarization at home threaten “America’s global leadership role,” Jamie Dimon has warned
AMMAN — Food prices in Jordan increased by 1.8 per cent by the end of February, according to a monthly report by the World Bank, while the Department of Statistics indicated a rise in the inflation rate in Jordan by 1.57 per cent during the same month compared to February 2023.
SINGAPORE – The dollar was firm but sluggish in Asian trading on Monday as investors looked ahead to U.S. inflation data after the big payrolls number last week, and as Treasury yields reached for December highs.
Gold prices extended their record rally on Monday, supported by speculative buying and continued tensions in the Middle East, which overshadowed strong U.S. job growth in March.
Investors weighed when the U.S. Federal Reserve will start cutting rates in the wake of yet another blowout jobs report
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