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Category: Business 9423

Shekel Surge Bubble and Warning of Worse if Gaza War Ceasefire Fails
Business
  • 1 mins read

Shekel Surge Bubble and Warning of Worse if Gaza War Ceasefire Fails

The Israeli shekel saw a temporary rise of 0.71% against the dollar and 0.81% against the euro ahead of the Trump-Netanyahu meeting to discuss a Gaza ceasefire, but experts warn of significant risks if no agreement is reached.

Important Meeting of the Investment Minister with IMF Delegation: Details - Al-Ahram Gate
Business
  • 1 mins read

Important Meeting of the Investment Minister with IMF Delegation: Details - Al-Ahram Gate

The Egyptian Minister of Investment and Foreign Trade met with an IMF delegation to discuss ongoing financial, institutional, and trade reforms, focusing on enhancing trade, investment, and digital transformation to improve Egypt's business environment.

DP World Tour Stars Lead Europe to Ryder Cup Golf Victory
Business
  • 1 mins read

DP World Tour Stars Lead Europe to Ryder Cup Golf Victory

DP World Tour stars led Team Europe to a 15-13 victory over the United States in the Ryder Cup held in New York. This is Europe's first Ryder Cup win on foreign soil in 13 years.

Adel Khaled Finishes Fifth at the Modern Sailing World Championship in Italy | Al Khaleej Newspaper
Business
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Adel Khaled Finishes Fifth at the Modern Sailing World Championship in Italy | Al Khaleej Newspaper

Emirati sailor Adel Khaled finished fifth at the Modern Sailing World Championship held in Formia, Italy, competing against 455 sailors worldwide. The title was won by Polish sailor Marcin Rodawski.

Investcorp Capital Exits US Industrial Real Estate Portfolio | Al Khaleej Newspaper
Business
  • 1 mins read

Investcorp Capital Exits US Industrial Real Estate Portfolio | Al Khaleej Newspaper

Investcorp Capital B.S.C. announced the sale of its stake in the US industrial real estate portfolio for $365 million, achieving financial returns exceeding book value. The portfolio includes 3.5 million square feet of industrial assets in Chicago and major Ohio cities.

Mohammed bin Rashid: A Leader Who Always Starts with the Right Question | Al Khaleej Newspaper
Business
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Mohammed bin Rashid: A Leader Who Always Starts with the Right Question | Al Khaleej Newspaper

Sheikh Mohammed bin Rashid shares the inspiring story of Emirates Airlines' founding and how a well-posed question at the right time contributed to its success and Dubai's economic rise, emphasizing the importance of asking the right questions in leadership to achieve excellence and development.

Etihad Airways Launches Its First Flight to Peshawar
Business
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Etihad Airways Launches Its First Flight to Peshawar

Etihad Airways has launched its first direct flights to Peshawar, expanding its network in Pakistan and connecting Abu Dhabi with Peshawar with five weekly flights increasing to daily from November 20, as part of its broader South Asia expansion plans.

Egyptians' Overseas Remittances Boost International Reserves to $49.3 Billion
Business
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Egyptians' Overseas Remittances Boost International Reserves to $49.3 Billion

Remittances from Egyptians working abroad surged to $36.5 billion in 2024-2025, boosting international reserves to $49.3 billion in August 2025, doubling their levels over the past decade.

Gold and Silver Prices Soar to Record Levels Amid US Interest Rate Cut Expectations and Government Shutdown Fears
Business
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Gold and Silver Prices Soar to Record Levels Amid US Interest Rate Cut Expectations and Government Shutdown Fears

Gold and silver prices reached record highs amid expectations of US interest rate cuts and fears of a government shutdown. Gold hit $3819 per ounce, silver neared $50, and the US dollar index declined as investors sought safe-haven assets.

"Vatel Bahrain" Organizes Orientation Day for Students Celebrating the New Academic Year
Business
  • 1 mins read

"Vatel Bahrain" Organizes Orientation Day for Students Celebrating the New Academic Year

Vatel Bahrain College of Hospitality held an orientation day to welcome new students and celebrate the new academic year, attended by key officials. The college recently won the "Best Vatel College of 2025" award among over 50 branches worldwide, highlighting its global leadership. Officials emphasized support for developing national cadres in tourism and hospitality aligned with Bahrain's Tourism Strategy 2022-2026.

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