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- Bitcoin plummets below $90,000 as AI future worries investors
- Saudi PIF executes 10 investment deals in MENA markets, says official
- Saudi Arabia advances sustainable development efforts with 45 agreements worth $1.6bn at Momentum
- Qatar announces 2026 budget with 5% rise in projected expenditure
- QSE index closes higher
- QCB lowers current interest rates
- Zain scoops two major global awards
- Batelco by Beyon unveils new 'Ultra Home' internet package
- Agility Global Bengaluru logistics park earns EDGE 'Green Building' status
- Nasdaq Dubai welcomes $50bn note programme of BRICS' NDB
11/12/2025 03:57 AST
The US Federal Reserve lowered its benchmark rate on Wednesday, sending borrowing costs to the lowest in almost three years.
At the end of their two day meeting, the Federal Open Markets Committee, chaired by Jerome Powell, lowered the federal funds rate to between 3.50 per cent and 3.75 per cent.
Investors currently anticipate the Fed will deliver two more quarter-percentage-point rate reductions by the end of 2026, leaving its benchmark policy rate in the 3.00-3.25 per cent range.
Khaleej Times
| Ticker | Price | Volume |
|---|
| Index | Closing | Change |
|---|---|---|
| NIKKEI 225 | 36,581.76 | -251.51 (-0.68 |
| DAX | 18,699.40 | 181.01 (0.97 |
| S&P 500 | 5,626.02 | 30.26 (0.54 |
11/12/2025
Asian investors are piling into Gulf bonds and loans this year, reflecting both deepening trade and finance ties with the fast-growing region and an uncertain outlook elsewhere, including the world's
Reuters
11/12/2025
lon Musk's SpaceX is looking to raise more than $25 billion through an initial public offering in 2026, a move that could boost the rocket-maker's valuation to over $1 trillion, a person familiar wit
Reuters
10/12/2025
Egypt's Suez Canal recorded revenues of $1.97 billion from 5,874 ship transits since the beginning of July, marking a 17.5 percent year-on-year increase, Suez Canal Authority Chairman Osama Rabie sai
Arab News
10/12/2025
Global technology giant Microsoft announced Tuesday plans to invest $17.5bn to help build India's artificial intelligence (AI) infrastructure, with CEO Satya Nadella calling it "our largest investmen
AFP
10/12/2025
Global trade is expected to grow about 7% in 2025, adding $2.2 trillion and setting a new record with East Asia, Africa and South-South trade the strongest drivers of global gains, according to UN Tr
Trade Arabia
Financial Information Co.
Saudi Arabia