Author: Arabian Media staff
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“A company representative said the account needed to be emptied within a 10-year period.” Source link
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The Swiss president will fly to Washington on Tuesday to “present a more attractive offer” on trade to the US government, following Donald Trump’s decision to hit the country with steep tariffs.Karin Keller-Sutter will fly for “short notice” meetings with US officials “with a view to improving the tariff situation for Switzerland”, the government said on Tuesday. The Swiss government has been scrambling to respond to the White House’s decision last week to impose a 39 per cent tariff on the country,…
The stock market could soar even higher if these pillars of strength are unleashed, says Jim Paulsen of Paulsen Perspectives. Source link
Huawei Cloud, in collaboration with the Center for Digital Entrepreneurship (CODE) and NAUATECH, hosted the Saudi Arabia 2025 Huawei Cloud Developer Conference at CODE’s headquarters in Riyadh. The event marked a significant milestone in the company’s mission to support local digital talent and accelerate Saudi Arabia’s broader digital transformation goals under Vision 2030. The conference brought together developers, entrepreneurs, and startup leaders from across the Kingdom, providing a platform to showcase Huawei Cloud’s growing suite of AI-powered and cloud-native development tools. Designed to strengthen the country’s digital infrastructure and build a more empowered developer ecosystem, the event demonstrated how global…
Gundlach foresees a weaker dollar and a steeper yield curve Source link
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FCA fines Woodford and bans him from senior roles Source link
Novo Nordisk, the Danish maker of the wildly popular Ozempic and Wegovy drugs used for weight loss, was downgraded due to competition from compounding as well as arch rival Eli Lilly, a brokerage said on Tuesday. Source link
The largest banks in the Gulf Cooperation Council (GCC) region reported stronger loan growth in the second quarter of 2025 compared to a year ago, supported by lower regional interest rates and improved economic sentiment. Al Rajhi Banking & Investment Corp., based in Saudi Arabia, recorded the sharpest loan growth among the top five GCC lenders, with year-on-year expansion rising to 19.31 per cent, up from 7.37 per cent a year earlier. Saudi National Bank followed with loan growth accelerating to 12.21 per cent from 10.25 per cent in the same period last year. In the UAE, First Abu Dhabi…