Mubadala Invests $200 Million in Greenlink, Expanding UAE's European Energy Infrastructure Footprint
Mubadala acquired a $200 million stake in Greenlink, a 504MW subsea electricity interconnector linking Britain and Ireland, expanding its European
Microsoft: The Era of AI Agents Has Arrived, but Most Organizations Are Falling Behind Their Employees
Microsoft's Work Trend Index 2026 finds that employees are adopting AI faster than organizations can adapt, as AI agents reshape work
Bank of Japan Raises Rates to Highest Since 1995 as Energy Risks Keep Inflation in Focus
The Bank of Japan raised rates to 1%, the highest level since 1995, citing energy-driven inflation risks and signaling further policy normalization
Wall Street Hits Record Highs as Treasury Yields Fall and Markets Begin Pricing a Post-War Economy
US stocks surged to record highs while Treasury yields and oil prices fell as markets priced lower inflation risks following the peace agreement
Eye on Jordan Markets: Banks Anchor the Rally as Amman Stocks Hold Above 4,000 Points
Jordan's ASE Index closed above 4,000 points as gains in banking and financial stocks offset weakness in mining and energy shares.
Eye on Egypt Markets: EGX 30 Extends 2026 Rally as Financials and Real Estate Lead Gains
Egypt's EGX 30 gained 0.60% on Monday, extending its year-to-date advance to 25%, while the dollar-denominated index climbed 2.04%.
Peace Trade Ignites Global Markets as Oil Plunges, Bitcoin Surges and Gold Jumps
Oil plunged, Bitcoin surged above $67,000, gold jumped and global stocks rallied as markets priced the economic impact of a US-Iran peace agreement.
US Stocks Surge as Iran-US Deal Sparks Global Risk Rally
The S&P 500 climbed 1.5%, while the Nasdaq gained more than 2% and the Dow Jones Industrial Average advanced over 1%
Turkey’s Budget Swings to Deficit as Spending Rises and Tax Revenues Fall
Turkey posted a TRY 298.2 billion budget deficit in May as government spending surged and tax revenues declined, reversing last year's surplus.
Sweden's Unemployment Rate Rises to 9.4% as Labor Market Pressures Persist
Sweden's unemployment rate rose to 9.4% in May, while youth unemployment reached 28%, signaling growing labor-market pressures.
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