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WTO Forecasts Global Trade Growth of Nearly 40% by 2040 Due to AI
According to the World Trade Organization's (WTO) latest World Trade Report, released on Thursday, artificial intelligence (AI) has the potential to increase the value...
Saudi Central Bank Unveils 4-Year Bank Holiday Calendar: Essential Information You Should Have
The Saudi Central Bank (SAMA) has published an extensive calendar that details the official holidays and the operational hours for banks and financial institutions...
Federal Reserve Lowers Rates for the First Time in 2023: Implications for the GCC
The US Federal Reserve has reduced its benchmark interest rate by 25 basis points (bps) as of September 17, bringing the federal funds target...
Markets Change: Gold Tumbles as Dollar Rises Following Fed’s Interest Rate Outlook
Gold prices continued to decline on September 18, following a strengthening of the dollar after the US Federal Reserve lowered interest rates by an...
Meta unveils intelligent glasses featuring an integrated display
On Wednesday, Meta Platforms introduced its first consumer-oriented smart glasses featuring a built-in display, aiming to capitalize on the success of its Ray-Ban collection,...
Alinma Bank Partners with Qashio to Propel Fintech Initiatives in Saudi Arabia
Alinma Bank has declared a significant investment and collaboration with Qashio, a leader in spend management and corporate card solutions within the MENA region....
Saudi PIF Purchases Controlling Interest in MBC Group for $1.99 Billion
Saudi Arabia’s Public Investment Fund (PIF) has finalized its purchase of a 54% share in MBC Group Company, a prominent media and content producer...
Abderrahim Maqdisi
News editor
A UAE-based business journalist and analyst specializing in financial news, corporate movements, and economic developments across the Gulf region. Known for clear, data-driven reporting and sharp analysis of key trends in tourism, investment, and financial services. Brings a strategic perspective to fast-moving business events, offering readers timely and reliable insights into the region’s economic dynamics.