Business

Trump urges Opec countries to slash oil prices

Trump urges Opec countries to slash oil prices

Trump wants OPEC to lower oil prices to end Ukraine war, threatens tariffs. He also seeks lower interest rates, more US manufacturing & coal for AI.

Historic jump in companies in critical financial distress

Historic jump in companies in critical financial distress

UK firms face record critical distress (50% surge to 46,583), with retail/hospitality hit hardest. Consumer confidence also declines, signalling a difficult 2025.

WEF 2025: UAE delegation led by Sheikha Latifa discuss global partnership with founder Klaus Schwab

WEF 2025: UAE delegation led by Sheikha Latifa discuss global partnership with founder Klaus Schwab

UAE delegation met with WEF's Klaus Schwab, reaffirming commitment to global cooperation, sustainable solutions, and leveraging culture/innovation for progress.

Saudi Arabia to invest $600 billion in U.S. over four years, says Crown Prince

Saudi Arabia to invest $600 billion in U.S. over four years, says Crown Prince

Saudi Arabia plans to invest $600B+ in the US. Leaders discussed peace, security, counter-terrorism, and bilateral ties. Trump wants Saudi Arabia as his first overseas destination, with a $500B purchase condition.

Saudi Arabia’s Diriyah Company marks first participation at WEF 2025, leads urban development discussion

Saudi Arabia’s Diriyah Company marks first participation at WEF 2025, leads urban development discussion

Diriyah Co. debuted at WEF 2025, discussing urban development with global leaders. Focus: tech, investment, & collaboration for sustainable cities, highlighting its $63.2B giga-project.

WEF 2025: Saudi Arabia targets 70 million annual tourists and top seven ranking by 2030, says minister

WEF 2025: Saudi Arabia targets 70 million annual tourists and top seven ranking by 2030, says minister

Saudi Arabia aims for 70M tourists by 2030, becoming a top 7 destination, enabled by e-visas, new airports, and a new airline. They also showcased investments and industrial progress.