The global travel and tourism industry has reached a significant milestone, with worldwide investment surpassing $1 trillion in 2024, marking a robust 9.9% year-on-year increase that signals the sector’s remarkable resilience and continued expansion in the post-pandemic era. This groundbreaking announcement came during the World Travel & Tourism Council’s 25th Global Summit in Rome, where […]

American financial markets opened Wednesday under a cloud of uncertainty as the United States federal government officially entered a shutdown at 12:01 a.m. Eastern Time, sending stock futures tumbling and raising concerns about the availability of critical economic data that investors and policymakers rely upon for decision-making. Futures contracts tied to major U.S. stock indices […]

In a striking demonstration of economic transformation, Saudi Arabia’s cultural sector has successfully attracted half a billion dollars in foreign direct investment and drawn 1,700 international investors, marking a watershed moment in the Kingdom’s ambitious journey to reshape its economic identity beyond oil dependency. The revelations came during the inaugural Cultural Investment Conference held at […]

In a significant vote of confidence for Britain’s financial services sector, global fintech powerhouse Revolut has announced a transformative £3 billion investment commitment to the United Kingdom over the next five years. The substantial pledge, which includes the creation of 1,000 new high-skilled jobs, was unveiled alongside the official opening of the company’s striking new […]