Intel CEO Takes Charge of AI Initiatives Following CTO's Move to OpenAI
Intel CEO Lip-Bu Tan now leads AI efforts after CTO Sachin Katti left for OpenAI, amid executive changes and tough AI chip competition.
Crypto Trader James Wynn Faces 12 Liquidations in 12 Hours: An Overview
James Wynn, a crypto trader known for high-risk strategies, faced 12 liquidations in just 12 hours, leaving him with only $6,010 in his trading account.
SoftBank Divests Entire Nvidia Stake for $5.83 Billion
SoftBank has sold its complete stake in Nvidia, totaling 32.1 million shares, for $5.83 billion as part of its strategy to fund investments in OpenAI.
Kingdom Holding Reports 128.9% Increase in Net Profits
Kingdom Holding Company reported a 128.9% increase in net profits for the third quarter of 2025.
Trump vows $2,000 'tariff dividend’ for all Americans except high income earners
Trump promises a $2,000 'tariff dividend' for Americans, excluding high-income earners.
Canada Saudi Arabia Economic Partnership, Launch of FIPA Negotiations Amid U.S. Trade Tensions
Canada, Saudi Arabia begin FIPA talks to boost trade, hedge U.S. tariff risks; aims for $2-3B new flows by 2027 amid global uncertainty.
Canada Jobs Report: Surprise October Surge, 67,000 Jobs Added, Unemployment Dips to 6.9%
Canada added 67,000 jobs in October, dropping unemployment to 6.9%. Gains led by services; outlook cautious amid inflation and trade risks.
Wealthy Chinese Investors Pivot from Singapore to Dubai’s Golden Promise Dubai
Wealthy Chinese investors are shifting from Singapore to Dubai for easier residency, lower taxes, and a more flexible financial environment.
Egypt's Foreign Reserves Exceed $50 Billion for the First Time in Five Years
Egypt's foreign reserves hit $50B in Oct 2025, boosted by major Gulf investments from Qatar, UAE, and Saudi Arabia, signaling economic recovery.
Alum Al-Roum: Qatari Investment of $29.7 Billion Paints a Bright Future for Egypt's North Coast
Doha and Cairo are collaboratively creating a green development blueprint along the Mediterranean shores.
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