A new partnership between the Lundin Cancer Fund and Canadian Cancer Society is aiming to save and improve the lives of people facing glioblastoma — the most aggressive and deadly form of brain cancer. The Lundin Cancer Fund is contributing […]
Korea’s net overseas financial assets hit a record high to surpass $1 trillion for the first time ever last year, central bank data showed Thursday. The country’s net international investment position came to $1.1 trillion as of end-2024, up $292 […]
DETROIT – General Motors is raising its quarterly dividend and initiating a new $6 billion share repurchase program as the company attempts to reward investors amid slowing industry sales and profits. GM announced Wednesday it is increasing its quarterly dividend by 25% […]
Saudi Arabia and the UAE helped drive merger and acquisition activities in 2024 up 7 percent across the Middle East and North Africa to reach $92.3 billion, according to an analysis. In its latest report, professional services network firm EY revealed […]
Revenue generated by the tourism sector in Jordan reached $680.5 million in January, representing an annual rise of 22.8 percent. Citing data from the Central Bank of Jordan, the country’s news agency, Petra, reported the boost was primarily driven by a 22.7 […]
All the talk about tariffs has overshadowed one of the president’s most enlightened proposals — the creation of a U.S. sovereign wealth fund. On Feb. 3, President Trump signed an executive order to “establish a sovereign wealth fund to promote fiscal sustainability, lessen the […]
The Bank of Korea (BOK) lowered this year’s growth forecast to 1.5 percent, Tuesday, down from the previous forecast of 1.9 percent amid the deepening economic downturn. The downward revision warrants a key rate cut, according to the country’s top […]
The fund — fuelled by the Norwegian state’s oil and gas revenues — saw a return of 6.3 percent in the first three months of the year. The $107 billion gain brought the fund’s total value to a dizzying 17.7 […]
The facility agreement was signed with a diverse global syndicate of 23 international financial institutions Saudi Arabia’s Public Investment Fund (PIF) has secured a $15bn revolving credit facility from a consortium of 23 international financial institutions, the sovereign wealth fund […]
Advocis faces its fourth legal claim in just over a year, this one arising from a cybersecurity contract the association allegedly terminated after naming its new CEO last fall. A member of its executive management team is also named in […]
