After weeks of speculation, Niantic has officially substantiated the introduction of a new Pokémon GO Non-Player Character (NPC) named Mateo. This character is intricately woven into the game’s Routes feature, marking his inaugural appearance with the upcoming Along with Routes event in Pokémon GO. The event, designed to celebrate exploration and camaraderie through gifting, will … Read more
SINGAPORE: Oil was little changed on Thursday as investors remained cautious ahead of expected production cuts by the Organization of the Petroleum Exporting Countries and its allies, known as OPEC+, and as weaker-than-expected Chinese factory data underscored slowing growth in the world’s second largest economy, according to Reuters. Brent crude futures fell 15 cents, or 0.2 percent, … Read more
TOKYO/SINGAPORE: Oil edged higher on Wednesday as investors turned cautious ahead of a crucial meeting of the Organization of the Petroleum Exporting Countries and its allies, known as OPEC+, to decide output policy in the coming months, while a supply disruption caused by a storm in the Black Sea provided a lift for prices, according to Reuters. … Read more
SINGAPORE: Oil prices rose slightly on Tuesday due to a weak dollar, and expectations that the Organization of the Petroleum Exporting Countries and its allies, known as OPEC+, would deepen and extend output cuts due to fears demand would remain subdued, according to Reuters. Brent crude futures were up 11 cents, or 0.1 percent, at $80.09 a … Read more
RIYADH: Saudi Entertainment Ventures, also referred to as SEVEN, is set to construct a new destination in Asir with an investment of SR1.3 billion ($347.8 million). SEVEN, a wholly-owned subsidiary of the Saudi Public Investment Fund, stated that the project is strategically positioned between Abha and Khamis Mushait, near Abha International Airport, and covers an … Read more
RIYADH: New businesses and environmentally conscious companies stand to benefit from a new carbon credits mechanism set to be launched in Dubai during the upcoming UN Climate Change Conference. The Dubai Financial Market announced its plans to launch a trial platform during the COP28 at the end of this month, aiming to contribute to the development of … Read more
RIYADH: Saudi Arabia’s Tadawul All Share Index slipped on Wednesday, losing 29.12 points, or 0.26 percent, to close at 11,099.98. The total trading turnover of the benchmark index was SR4.22 billion ($1.12 billion) as 75 of the listed stocks advanced, while 146 retreated. Similarly, the Kingdom’s parallel market Nomu also dropped 6.20 points, or 0.03 … Read more
LONDON: Oil prices barely moved during Asian trade on Wednesday as the market awaited potentially mixed news on the supply front, with the Organization of the Petroleum Exporting Countries and its allies, known as OPEC+, expected to discuss output cuts and US crude stocks forecast to show a big build-up, according to Reuters. Brent crude futures fell 3 … Read more
LONDON: A special “innovation chapter” will need to be part of a UK-Gulf Cooperation Council trade deal to ensure artificial intelligence developments do not throw up barriers to commerce, Britain’s chief negotiator at the Department of Business and Trade said on Monday. Speaking at the Arab-British Economic Summit in London — organized by the Arab-British Chamber of … Read more
SINGAPORE: Oil futures nudged higher on Monday, extending gains on expectations of deepening supply cuts from the Organization of the Petroleum Exporting Countries and its allies, known as OPEC+, expected to shore up prices, which have fallen for four weeks on easing concerns of Middle East supply disruption amid the Israel-Hamas conflict. Brent crude futures … Read more
