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Kuwait Upgrades its Capital Market to Make it More Competitive and Attract Global Investments

Japan’s Succession Crisis Pushes Elevator Business Up 6000%

MENA M&A Deals Surge 149% to $115.5 Billion in First Half of 2025: LSEG

Starling Bank Fined £29M For Major Failures in Financial Crime Controls

Rahil MOctober 3, 20240228 views

Starling claimed it had paid a final settlement and apologized for its mistakes. Starling Bank has been fined £29 million for extremely weak financial crime controls that allowed unrestricted access…

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Saudi Arabia Increases Spending to Achieve Vision 2030, Forecasts Rising Budget Deficit

Violet DawsonOctober 2, 20240348 views

Saudi Arabia will set spending limits to prevent an overheating economy that would increase government spending Saudi Arabia expects to widen the budget deficit this year and next as the…

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The Ripple Effects of US Port Strike on Middle Eastern Trade and Retail

The Business PinnacleOctober 1, 20240268 views

The UAE has been the top export market for US goods in the Middle East and North Africa region since 2009. The logistics industry is bracing for a potential crippling…

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Britain’s Last Coal Plant Closes After 57 Years, Marking the End of 140 Years of Coal Power

Violet DawsonSeptember 30, 20240224 views

Coal power has been used in Britain for 142 years, which began in 1882 when the Holborn Viaduct power station became the first coal-fired power plant in history to generate…

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GCC is Turning Sports Tourism into a Billion-Dollar Industry to Fuel Economic Growth Beyond Oil

The Business PinnacleSeptember 27, 20240419 views

The GCC’s interconnectedness in sports and tourism will contribute to the expansion of the non-oil sectors and promote long-term financial diversification beyond hydrocarbons. Gulf Cooperation Council (GCC) is aware of…

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Transforming SME Support Through Kafalah’s $26.6 Billion Initiative

The Business PinnacleSeptember 27, 20240346 views

The Kafalah program aims to provide funding by the end of the year of around SR22 billion to ensure that it is on track to meet its set target Kafalah…

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OECD Predicts Robust UK Growth Outpacing Major G7 Nations This Year

The Business PinnacleSeptember 26, 20240212 views

OECD stated that the global economy is improving. According to the Organisation for Economic Cooperation and Development (OECD), the global economy is turning a corner. This has helped in the…

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Co-operative Loses £40 Million in Theft Due to Rising Shoplifting in UK

The Business PinnacleSeptember 25, 20240226 views

The Co-operative group has spent £18 million this year in addition to the £200 million it has spent in previous years fighting retail crime. One of the prominent food retailers…

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Amazon Fires Reach Alarming Levels Threatening Global Climate

Violet DawsonSeptember 25, 20240248 views

Imazon is a non-profit organization mainly focused on projects and research in the Amazon region The wetland regions of Pantanal in South America and Brazil’s Amazon rainforest have experienced their…

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Amazon, Meta, and Tesla Face Accusations For Threatening Democracy and Environment

The Business PinnacleSeptember 24, 20240240 views

Amazon, ExxonMobil, Tesla, Blackstone, Meta, Vanguard, and Glencore are some of the largest corporations charged in the report.  A number of the biggest companies in the world like Amazon, Meta,…

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