Household spending in Gulf set to soar, study finds
A prolonged slump in oil prices, however, could see the growth unwind, an Oxford Economics study predicted.
A prolonged slump in oil prices, however, could see the growth unwind, an Oxford Economics study predicted.
The Qatar Investment Authority joined with more than a dozen other firms in a round valuing the AI firm at $183 billion.
Two sovereign wealth funds from Bahrain and Abu Dhabi will acquire full ownership of the Formula 1 team, which is now valued at more than £3 billion.
The figure was up from $56 billion in 2019-20.
A 10% increase in the price of food is associated with a 3.5% rise in moderate or severe food insecurity, the report said.
The African Export-Import Bank’s total assets and contingencies rose in the first half of 2025 by 22% year-on-year to $42.2 billion.
The country’s state oil company NNPC awarded two offshore oil blocks to TotalEnergies, deepening the French giant’s presence in the country.
Co-owners of Glencore’s ferrochrome venture, Merafe Resources, blamed the impending job cuts on electricity supply shortages and economic challenges.
Former U.S. Chamber of Commerce, Informa, Fortune and Bloomberg leaders join as Semafor’s World Economy Platform expands to five days with 400+ global CEOs and top policymakers.