Input your search keywords and press Enter.

Economics

KSA Stresses that Illicit Financial Flows Continue to Pose a Threat to Financial Stability of States

The Kingdom of Saudi Arabia stressed that illicit financial flows continue to pose a major threat to the financial stability of states and achieving their national goals for sustainable development. This came in the Kingdom’s speech before the United Nations during the High-Level Meeting on International Cooperation to combat Illicit…

U.S. stocks rise significantly

U.S. stocks rose significantly Tuesday. The Dow Jones industrial average rose 207.06, or 0.8 percent, to 25,532.05. It was its biggest daily gain in a month. Twenty-five of the index’s 30 components advanced, led by Dow Inc., which jumped 3 percent. Visa surged 1.8 percent, while Caterpillar and Boeing climbed…

THE FUTURE OF BLOCKCHAIN

While the values of cryptocurrencies have fluctuated wildly over the last year, blockchain, the underlying technology that powers all of them, could open up new and fantastic opportunities. In an astonishing statement last month, Canadian billionaire, Calvin Ayre, founder of Bitcoin Cash said the flagship cryptocurrency will become worthless in…

Saudi Electricity Co signs three tech cooperation MoUs with China

Saudi Electricity Company signs three memorandums of understanding for technical cooperation with with Chinese companies to cooperate in the fields of technological transformation, smart networks, digitalization, internet of things (IoT) and optical fibers. They will also cooperate on new investments, nationalizing industries and exchange of knowledge, SEC said today on…