Aramco planned to convert up to 4 million barrels of crude oil into petrochemicals daily by 2030. Plans are moving forward as Aramco, Sinopec, and Yasref agree to create a…
Saudi Arabia has invested billions of dollars through Public Investment Fund (PIF) to transform its sports landscape. When the world footballing body Federation Internationale de Football Association (FIFA) officially named…
GCC’s tech-savvy population and efforts taken towards economic diversification will pave the road for growth opportunities. Despite ongoing global economic turbulence, the Gulf Cooperation Council (GCC) region has shown resilience.…
Woodside said in a statement that this deal would reduce capital spending needs and would be a significant step towards a final investment decision on the Louisiana LNG plant. While the…
Lucid offered incentives to attract buyers away from less expensive hybrid cars, which were difficult to finance due to high loan rates. Electric carmaker Lucid posted a 58% increase in…
These newly introduced tariffs are a major cause for concern for Volkswagen, as it is one of the import-dependent carmakers selling in the US. With US President Trump unveiling new…
This renewed interest in European ETFs shows a major swing in sentiments as the funds have recorded a net outflow of $6.4 billion since 2022. European stocks are emerging as…
GlobalFoundries have made significant investments in R&D, including ongoing projects with NTU and National Research Foundation. GlobalFoundries‘ (GF) decision to expand its production base shows that Singapore will continue to…
The National People’s Congress, China’s top legislature, approved the issue of 500 billion yuan in special government bonds to help capitalize the country’s banks. As Beijing ramps up efforts to…
In a statement, the two firms explained that when compared with traditional money market funds, these tokenized money market ETFs will not only improve transparency and efficiency through blockchain technology.…