Saudi Arabia

Trump banks on big tech investment from Middle East

US President Donald Trump met SoftBank Vision Fund Masayoshi Son just weeks after taking his seat on the presidency to discuss a huge new technology fund and investment.

Saudi Arabia Adds Nearly 30,000 New Hotel Rooms For 2017

The Kingdom is set to open a roster of 68 hotels across major cities at a time of growth for its tourism, leisure and hospitality.

Energy stocks propels Wall Street profits following oil price rally

Wall Street ended higher on Tuesday trading session as energy stocks rallied helped by increasing crude prices. The US crude prices reached its new height in 2016.

Saudi Suspends All Flights and Trade With Iran

Saudi Arabia suspends all flights to and from Iran. The country also ban its citizen to travel to Iran in a new chapter of Middle East sectarian.

Oil Price is Slightly Rising Amidst Tension Between Saudi and Iran

Oil price is rising amidst tension between Saudi Arabia and Iran. The oil price started the first day of trading in 2016 at the price of $38 a barrel before reduced to $37 in the afternoon trading.

Yen Goes Strong As Saudi and Iran Heated Tension Started The Year 2016

Yen started 2016 with a two-month high in trading, while Saudi and Iran cuts diplomatic ties.

Russia Says Saudi Arabia Destabilized Oil Market

Continuous plunge of oil price has created an unrest in oil production countries. Russia says the act of Saudi Arabia in increasing its production to flood the market is the main cause of oil price turmoil.

Saudi Arabia Has First Election with Female Voters and Female Council Seat Winners

Saudi Arabia completed its first election earlier this week with women able to vote and compete for local council seats. 20 women were elected.

Saudi election finally includes women, also allowing them to vote

Women are now allowed to run for municipal council in Saudi Arabia. They are also allowed to vote. This is a step forward towards providing equal rights for women in the strict Saudi society.

Oil Price Crash Sparks OPEC's Revolt Against Saudi

Saudi Arabia keeps increasing its oil production resulting crash of crude oil price. This sparks revolt of OPEC members against the leading oil producer.

Iran to sell crude oil to Asia on a huge discount in a bid to regain market share in the region

Iran provided good news by reducing the price of its crude oil being sold to Asia come October. Iran is trying to win back its market share in the oil industry competing with other OPEC members, specially Saudi Arabia.

Oil price decline makes gasoline less expensive

Enjoy the savings while it last. This is what the Americans are doing right now, as they took advantage of the cheap gasoline price and have their engine tanks full.

The reason Saudi Arabia won't hold off oil production

Oil industry has been suffering too much from the price crash and worse is some have gone bankrupt. Still Saudi Arabia won't lessen it's oil production eventhough they are already affected but more affected are its rivals. In the end, Saudi Arabia will have more to gain.

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SEC Chair Gary Gensler Deems Crypto a Central Player in Market Issues

U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler covered a variety of subjects, including cryptocurrencies.

Second Chance for FTX? Exchange Offers Full Repayment Plus Compensation to Creditors

FTX intends to fully repay the remaining creditors plus pay them "billions in compensation for the time value of their investments," leaving 98% of its creditors with up to 118% of their permitted claims.

Equinox’s Ultra-Pricey Program Aims to Extend Your Life

Equinox, a high-end fitness business, is charging for the ultimate luxury: longer life. The business unveiled a subscription on Monday that, at a whopping $36,000 annually, entitles users to more than 100 tests designed to improve health and lengthen life.

Can a $22,000 All-Inclusive Resort Live Up to the Hype?

According to a JLL Research Hotels & Hospitality research, demand for all-inclusive resorts surged after the pandemic. The study found that suddenly, many travelers desired stress-free, simple-to-plan trips, ideally with a health focus.

Crypto Price Predictions for 2026: Bitcoin, Ethereum, Option2Trade Will Increase Value

In the cryptocurrency industry, the forecast that Bitcoin (BTC) will reach $500,000 by 2026 embodies optimistic confidence. Several variables support this enormous price objective, which analysts predict will increase Bitcoin's value.

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Crypto Giant Kraken Makes Waves in Europe with New German Deal

By revealing a new strategic alliance that will allow Kraken to actively improve its product offering in Germany, a crucial market for the adoption of cryptocurrencies in Europe, Kraken is doubling down on its goal of expanding throughout the continent.

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