stocks

Saudi Arabia’s Public Investment Fund witnessed a modest rise in its US stock investments, reaching $20.66 billion in the second quarter, up from $20.55 billion in the previous quarter. The wealth fund has undertaken a significant…
Read More...

Saudi Arabia is set to raise over $11.2 billion by selling shares in oil giant Aramco to fund its spending plans, after pricing its stock at SR27.25 ($7.27), the company announced. In a press release, Aramco said that the secondary…
Read More...

Rooting for Donald Trump to fail has rarely been this profitable. Just ask a hardy band of mostly amateur Wall Street investors who have collectively made tens of millions of dollars over the past month by betting that the stock price of…
Read More...

More than 70 percent of retail investors in the UAE have stocks of companies developing artificial intelligence, according to a survey by trading platform eToro. The 71 percent mark underscores a widespread understanding of AI’s…
Read More...

A surprise bumper rate hike by Turkiye’s central bank on Thursday boosted the country’s international sovereign bonds, lifted the lira off its recent lows and bolstered banking stocks, accordig to Reuters. The central bank raised its key…
Read More...

Stock exchanges in the Gulf Cooperation Council states logged their second straight monthly decline in June as fears over inflation and recession rattled investors. MSCI GCC Index, which captures the performance of indexes across the…
Read More...

Japan’s SoftBank Group Corp. reported a record $26.2 billion loss at its Vision Fund investment arm on Thursday, as rising interest rates and political instability have whiplashed high-growth tech stocks. The loss was in stark contrast…
Read More...

The US Energy Information Administration reported on Wednesday that crude, gasoline and distillate inventories in the country fell last week. Reuters confirmed, this evening, Wednesday, that crude stocks fell by 1.9 million barrels last…
Read More...