In the second quarter, despite a slowdown in central bank purchases, the demand for gold bars remained high due to wealthy individuals and corporates seeking safe-haven investments. According to a quarterly report by the World Gold Council (WGC), gold demand increased by 7 per cent, reaching 1,255 tonnes in the three months leading up to […]

July 13, 2023 In a recent report released by the Saudi Public Investment Fund (PIF), it has been revealed that the fund suffered an investment loss of $11 billion in the year 2022. This significant loss has raised concerns about the fund’s investment strategy and its impact on the Saudi economy. According to the report, […]

July 13 2023 In recent years, China’s property market has experienced significant growth, becoming a crucial sector of the country’s economy. However, this rapid expansion has also led to rising concerns and protests among citizens who are facing challenges related to housing affordability and property rights. These protests have the potential to cause a substantial […]

July 13, 2023 Global shares achieved unprecedented record levels on Thursday, driven by a surge in investor optimism sparked by the possibility of the Federal Reserve halting its interest rate hikes. The S&P 500 reached a new peak in 2023, the Dow Jones Industrial Average traded 86.1 points higher, and the NASDAQ experienced a 1.15% […]

June 13th 2023 Latin America and the Caribbean have experienced a significant surge in foreign direct investment (FDI) in 2022, setting new records and signaling increased confidence in the region’s economic potential. According to reports from various sources, including AldiaNews, Investing.com, and ANBA, the region has become an attractive destination for international investors seeking growth […]

July 13, 2023 Global News In a significant move to advance the energy transition in Europe, the European Investment Bank (EIB) has pledged its support to the clean energy sector through various funding initiatives. The EIB’s commitment to sustainable development has been demonstrated through its recent collaborations with Iberdrola, a leading Spanish multinational electric utility […]