Elon Musk’s social media company X is in talks to raise money from investors at a $44 billion valuation, Bloomberg News reported on Wednesday, citing people familiar with the mat...
Coca-Cola is entering the fast-growing prebiotic soda market with the launch of Simply Pop as it seeks to tap into consumer demand for gut-health-focused drinks—an emerging but...
Saudi Arabia’s stock exchange has introduced a new Capital Management System to streamline the initial public offering process, lowering costs for companies, and broadening inves...
Indonesia is pushing ahead with a plan to force natural resource exporters to keep more foreign exchange earnings onshore in Southeast Asia’s largest economy, aiming to bolster c...
Private capital financing in the Gulf region has surged, reaching $54.8 billion between 2020 and 2024, a significant increase from the $10.4 billion raised in the previous five yea...
When the Trump administration’s crypto czar, David Sacks, recently held a news conference to announce a new congressional working group to advance cryptocurrency regulation, many...
The Federal Reserve is prepared to keep its key interest rate unchanged for now as inflation remains elevated and the job market is solid, Chair Jerome Powell said Tuesday on the f...
Dangote’s net worth increased by $15.1 billion to $27.8 billion as at October 18. The billionaire businessman moved up to 65th position, making him the only African in the top 10...
Emerging market economies are facing escalating challenges, including geopolitical tensions, sluggish global growth, financial volatility, and increasing public debt, according to ...
The International Monetary Fund’s commitment to supporting Egypt’s economic reforms will remain a priority, despite external pressures, according to managing director Kristalin...
