Mixed performance by Saudi on FDI front as net inflows decline in Q1 2026
There was a positive growth in total FDI inflows into the Saudi economy during the first quarter of 2026, as the tally rose to SR26.6 billion...
Category : Featured
Nigeria’s Dangote refinery imports crude from UAE’s ADNOC for first time
Dangote imported one cargo of Umm Lulu crude and another of either Das or Murban crude in June, reports stated...
Business Leader of the Week: Allison Kirkby rewires BT’s comeback journey
After Allison Kirkby became BT's CEO in February 2024, the British telecom giant's share price has climbed 70% to 80% after years of drifting lower...
Roads, railways and ports face a hotter, wetter, less stable future, UNECE warns
Transport systems in the European region could see between 10 and 50 extra days a year above 25°C, with some areas facing up to 200 such days annually...
US stocks defy Iran war, S&P 500 and Nasdaq hit best quarter since 2020
Technology led gains among S&P 500 sectors, with an index of semiconductor stocks finishing 3.9% higher on the final day of June 2026...
Commerzbank maintains defiant stance, urges stakeholders to ward off UniCredit
In a letter, CEO Bettina Orlopp told the shareholders that UniCredit's offer wasn't high enough and the Italian bank had not presented any 'sound plan'...
Air cargo demand up 6% in May; Middle East biggest laggard: IATA
Gulf-based carriers reported a combined contraction of 8.9% year-on-year, with Iran war-related impacts weighing in big time...
China’s economic momentum picks up in June, finds Beige Book
In June 2026, China's manufacturing activity strengthened remarkedly, while consumer spending showed signs of recovery...
Ahead of iPhone 18 Pro launch, sensitive Apple data leaks onto dark web
The data leak will put further pressure on the Apple, which has already raised iPad and MacBook prices due to soaring chip costs...
BT, Verizon launch equal-stake global joint venture, to serve over 180 markets
Martijn Blanken, a former executive at Australia's Telstra and Netherlands-based KPN, has been named as the CEO-designate of the new company...