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Bankers on Edge about New World Development $11 Billion Loan Deal

Google’s Emissions Jumped 51% As AI Data Centres Push Up Demands Hindering Green Energy Goals 

Japanese Companies Lead Asia M&A Wave With $232 Billion in Deals

Virgin Group Raises £700m to Challenge Eurostar’s Dominance in the Channel Tunnel

The Business PinnacleMarch 10, 20250198 views

Eurostar is the only company that has transported foot passengers across the Channel during the 30-year tunnel’s operation. Eurostar has dominated the Channel Tunnel route since its launch in 1994,…

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China Shows Trade Surplus of $540bn Despite Rising US Tariffs

The Business PinnacleMarch 7, 20250176 views

Last year, China recorded a record-breaking trade surplus, with exports up 5.9% and imports up 1.1% year-over-year. When Trump announced high tariffs on China, it raised concerns about whether the…

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Qatar’s Banking Sector Shows Strong Start in 2025 with Robust Growth in Loans and Deposits

The Business PinnacleMarch 6, 20250230 views

Qatar National Bank reports the total assets decreased by 0.3 percent in January to QR2.040 trillion. Qatar’s banking sector hit the ground running in January, with the loan book and…

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Saudi Arabia and Lebanon to Reassess Resuming Imports and Lifting Travel Ban

The Business PinnacleMarch 5, 20250197 views

Saudi Arabia was the top destination for Lebanese agricultural exports in 2019. Saudi Arabia will examine “obstacles” to resuming Lebanese imports and end the ban on citizens traveling to Lebanon.…

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GCC Bonds and Sukuk Issuances Jump by 55%, Led By Saudi Arabia

The Business PinnacleMarch 4, 20250178 views

The Kingdom secured €2.25 billion through euro-denominated bond sale in February. It is a good day for Saudi Arabia as primary debt issuances of bonds and sukuk in the Gulf…

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Saudi Banks Cross $800 Billion In Corporate Lending

The Business PinnacleMarch 3, 20250190 views

Over the past year, corporate loans expanded by 18.5%, overtaking the retail lending growth which capped at 10.5% in Saudi Arabia. Saudi bank loans surpass $801.6 billion (SR3 trillion) for…

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Huawei, Vivo, and Xiaomi Dominate the China’s Smartphone Market as Subsidies Drive Sales

The Business PinnacleFebruary 28, 20250216 views

Huawei claimed second place in China last year, while Xiaomi was closely behind. Huawei Technologies took the gold in China’s smartphone market in January. Thanks to the government subsidy scheme…

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Blackstone to Exit China Logistics Business with $372M Sale to Ping An

The Business PinnacleFebruary 27, 20250231 views

If the deal is successful, Blackstone’s logistics company in China would make a significant exit. Blackstone Inc., one of the world’s largest alternative asset managers, is in advanced negotiations to…

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QatarEnergy to Supply 100mn Cubic Feet of Helium to China’s G-gas

The Business PinnacleFebruary 26, 20250195 views

The SPA agreement will help expand QatarEnergy’s growing network of partnerships and clients globally. QatarEnergy and Guangzhou Guanggang Gases & Energy Company (G-gas) made a long-term sales and purchase agreement…

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Saudi Arabia’s Real Estate Market Booms With $75.7 Billion Amid Economic Diversification Efforts

The Business PinnacleFebruary 25, 20250189 views

A report claims that the need for housing in the Kingdom will increase, with more than 800,000 new units required by 2030 in Saudi Arabia, Kuwait, and Oman. Saudi Arabia’s…

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