Author: Steven Sahiounie

RIYADH: As Saudi Arabia strides forward with its Vision 2030 objectives, the Kingdom’s central bank is at the forefront, driving a host of pivotal initiatives and greenlighting various enterprises in 2024. These actions reaffirm the nation’s dedication to fostering financial innovation and inclusivity. 

Supercar maker Bugatti on Thursday showed off its first hybrid car with a top speed of about 445 kilometers (275 miles) an hour and a price tag of more than $4 million.

Toyota Motor said on Thursday it has suspended production and delivery of the Grand Highlander and Lexus TX sport utility vehicles until it can address an air bag issue. The automaker said earlier that it was recalling 145,000 2024 model year Toyota Grand Highlander and Lexus TX vehicles in the United States because the curtain shield airbag on the driver’s side may not deploy as intended during certain crashes if the driver’s window is rolled down. The automaker said production and deliveries of the three-row SUVs is halted “until a remedy can be determined. An improvement for mass-produced vehicles is…

Proposed European Union tariffs on Chinese goods are not a “punishment,” Germany’s Economy Minister Robert Habeck told Chinese officials in Beijing on Saturday.

The US Department of Justice is considering a deal with Boeing that would avoid criminal prosecution of the aerospace giant but may appoint a federal supervisor to oversee company progress on safety improvements, The New York Times reported Friday.

Abu Dhabi-backed RedBird IMI said on Friday it had opened bids for its sale of the Telegraph and Spectator, having reversed its decision to acquire the right-leaning newspaper group after the government intervened.

Standard Chartered Plc is setting up a trading desk for Bitcoin and Ether, people familiar with the matter said, making it one of the first global banks to enter spot cryptocurrency trading.

Doha: In the 2024 World Competitiveness Booklet published by the International Institute for Management Development (IMD) in Switzerland, Qatar has once again achieved impressive rankings on various global indices.

NEW YORK – A gauge of global stocks declined for a second straight session on Friday, weighed down by weakness in technology shares, while the dollar hit its highest level since early May as a gauge of U.S. business activity edged up to a more than two-year high.

The dollar index, which measures the currency against six others, was up 0.2% at 105.81 in New York afternoon trading