Local Business

Saudi Arabia’s Public Investment Fund was the top investor among global sovereign wealth funds last year as the kingdom's sovereign...

Oman posted a budget surplus of 931 million Omani rials ($2.4 billion) for the financial year 2023 as per preliminary...

Against a backdrop of global economic volatility, coupled with food and oil supply shocks keeping inflation elevated, some may wonder...

Elon Musk might be a cash-poor centibillionaire, but that hasn’t stopped him from ending 2023 as the world’s richest person...

US prosecutors said they do not plan to conduct a second trial against Sam Bankman-Fried, who was convicted last month...

Elon Musk's SpaceX has set a record for orbital rocket launches in 2023, carrying out 96 successful missions this year...

Major global stock markets closed out 2023 trading on Friday with mixed results, with Wall Street posting its best annual...

Oil prices, which endured another roller-coaster ride in 2023, posted their biggest annual drop since 2020 amid persistent concerns about...

Wall Street’s affair with blank-cheque companies, the finance fad that pushed companies on to the stock market during the Covid-19...

Francoise Bettencourt Meyers has become the first woman to amass a $100 billion fortune – marking another milestone for the...