Trump’s tariff-led trade war is pushing the world’s two largest economies toward a new front: a currency war — one that will be gradual, deliberate, and globally disruptive, warns the CEO of global financial advisory giant, deVere Group.
Retail investors showed strong conviction on the first trading day following President Trump’s Liberation Day. Instead of panic-selling, many chose to buy the dip seeing the sharp sell-off as an overreaction to macroeconomic developments, said an expert.
GE Vernova and Saudi Electricity Company have announced the successful completion of the first gas turbine outage entirely planned and executed by its Saudi engineers. The project at SEC's 8th power plant in Riyadh boasts a 1,700MW production capacity.
Finstreet, a subsidiary of IHC Group through Sirius International Holding, has signed an agreement with Ninety One, a global active investment manager, to explore innovative collaborations in the development of structured and exchange-traded products.
Despite record clean energy investments, the companies tasked with delivering on the energy transition, cite financial constraints, shareholder hesitancy, and policy uncertainty as key obstacles - while optimism grows around AI and emerging technologies.
Dubai’s real estate - a global stage for architectural ambition - is moving into a new era with the rise of branded residences. Yet, as the market expands at a breakneck pace, a question lingers: has Dubai's appetite for branded homes reached its limit?
Dubai’s real estate is moving into a new era with the rise of branded residences. Yet, as the market expands at a breakneck pace, a question lingers: has the emirate's appetite for branded homes reached its limit?
European markets and US stock futures are trading lower, a key development largely attributed to President Donald Trump's 25% tariff plan on imported cars and light trucks. The automotive sector is at the forefront of investor concerns, said experts.
As uncertainty lingers over the transition from trade wars to trade deals with the US, global economic confidence remains shaken. However, UAE’s economy remains resilient thanks to stable investment climate and strong global ties.
Despite record-breaking global investments in clean energy last year, the leaders of the companies tasked with delivering on the transition have become less optimistic about when the world will achieve net-zero carbon emissions, according to a survey.