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Pakistan inflation slows more than expected

December CPI slows to 5.6%, giving the central bank room to support the economy

Pakistan’s economy is trying to stage a turnaround after it averted a default in 2023.

GCC wealth funds doubled down on AI investments in 2025

Middle East funds led a $66b AI push as sovereign investors reshaped markets

How AI became the biggest bet for sovereign wealth funds.

11 luxury hotels opening in 2026

The most anticipated hotel openings of 2026 span palaces, islands, deserts and safaris

Hotels collage

Saudi IPO pipeline nears 100 approvals

More than 40 IPOs listed since January as Saudi Exchange prepares debt, derivatives revamp

Saudi Arabia has seen nearly $4.5 billion raised through IPOs on both its main market and Nomu parallel market in 2025.

$1.5 trillion wiped out from S&P 500 in one day

Selloff triggered by concerns over AI risk similar to the dot-com "bubble"

US tech stocks and Bitcoin tumble as investors turn risk-off.

Baby Shark creator's 62% wipeout sinks stock below IPO

Pinkfong shares drop to as low as 35,050 won on Friday, a 7.7% decline from its IPO price

Stocks of 'Baby Shark’ creator Pinkfong initially surged after its debut on Tuesday, but saw its fortunes reverse as a global downturn engulfed equity markets.

Gold steady after US jobs data damps rate cut prospects

Last labour report showed US unemployment marched higher

Gold steadies after US jobs data damp prospects for rate cut

Why India seeks tankers for Mideast oil

Sanctions on Russian producers force India to seek alternatives

A crude oil tanker. Roughly a dozen vessels have been chartered to ship crude to India from countries including Saudi Arabia, Kuwait, Iraq and the United Arab Emirates and ferry it across the Arabian Sea, according to shipbroker reports.

Crypto crash: $1t wiped out as Bitcoin plunges anew

Digital assets world faces shakedown, as Bitcoin hits lowest value in 7 months

Bitcoin Soars Past $120,000 as US Congress Starts 'Crypto Week'

US stocks rally as Nvidia eases AI valuation worries

Nvidia shares jump 5% in post-market trading after reporting earnings, boosting AI stocks

Displays at the SK AI Summit

Pakistan to build an island to boost oil exploration

Construction will be completed in February, and operation will start immediately after

The artificial island will come up about 30 kilometres off the coast of the southern Sindh province.

Stocks selloff deepens ahead of Nvidia, jobs data

Global stocks selloff extend into a fourth day as investors shift away from riskier assets

Alliance Laundry Holdings IPO At The New York Stock Exchange

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