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American Investors Inject Millions into Mexican Soccer Ahead of the World Cup
SadaNews - A coalition of investors, including General Atlantic, is injecting hundreds of millions of dollars into soccer in Mexico ahead of the 2026 World Cup.
The companies announced in a joint statement that the group of investors has agreed to purchase a 49% stake in Ollamani Group, which owns...
How Does the Extension of Trading Hours on 'Nasdaq' Affect the Saudi Stock Market?
SadaNews - In a move that could redraw the map of capital flows worldwide, the American "Nasdaq" stock exchange has decided to extend its trading hours to 23 hours a day, aiming to attract new categories of investors from around the globe.
Although the decision is still awaiting regulatory approval...
Oil Maintains Gains for 5 Days Amid Focus on Tensions and Inventories
SadaNews - Oil prices have maintained their gains for the fifth consecutive day, as traders compared escalating geopolitical tensions with rising inventories.
Brent crude traded near $62 a barrel after rising nearly 6% over the previous five sessions, while West Texas Intermediate surpassed $58. Wa...
Gold Soars Above $4500 an Ounce for the First Time
SadaNews - The price of gold has risen to a record level, exceeding $4500 an ounce for the first time, amidst escalating tensions in Venezuela and expectations for another U.S. interest rate cut next year.
Spot gold prices climbed about 0.1%, continuing its gains for three consecutive days. Tension...
Oil Stabilizes After Four Days of Gains Amid Rising Geopolitical Tensions
SadaNews - Oil prices stabilized after four days of gains, as the United States continues to blockade shipments of crude oil coming from Venezuela.
Brent crude stabilized near $62 a barrel after rising about 5% during the previous four sessions, while West Texas Intermediate crude was traded near $...
Gold Prices Reach New Record High
SadaNews - Gold reached a new record high on Tuesday, marking the fiftieth day this year that it has broken records, amid investors' anticipation of escalating geopolitical tensions and the prospect of further cuts to U.S. interest rates. Silver also rose to a record level.
Bullion surpassed $4,480...
Rising Oil Prices Driven by Geopolitical Tensions Stretching from Venezuela to Russia
SadaNews - Oil prices have risen after U.S. President Donald Trump escalated the blockade imposed on Venezuela by sending elements of the U.S. Coast Guard aboard an oil tanker and pursuing another, following weeks after the first seizure operation of a ship.
Brent crude rose towards $61 per barrel...
Gold and Silver Set New Record Levels Supported by Rate Cut Expectations
SadaNews - Gold has reached a new record level, driven by escalating geopolitical tensions and bets on additional rate cuts by the Federal Reserve, contributing to the best annual performance of the precious metal in over four decades.
The precious metal increased by more than 1% to surpass the pre...
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The Chaos of Cryptocurrencies Shakes Hedge Funds in Their Worst Year Since the 2022 Crash
SadaNews - After years on the sidelines, hedge funds specialized in cryptocurrencies entered 2025 hoping to achieve a real boom.
New regulatory frameworks, support from the White House, and billions of dollars from institutional capital were supposed to pull the cryptocurrency market from marginal...
Acquisition Deal Completed: Union Bank Acquires Egyptian Arab Land Bank - Jordan
SadaNews - Union Bank announced, in disclosures issued by the Amman Stock Exchange, that it has signed a final agreement to acquire the branches and operations of the Egyptian Arab Land Bank - Jordan, as part of a strategy aimed at achieving balanced and sustainable growth, and enhancing its positio...
Putin's Threats to Respond to Asset Freezes Shake EU Capitals
SadaNews - The debate in Europe is no longer limited to how to use frozen Russian assets, but rather how to avoid a Russian response that may target Western companies and banks still operating in Russia.
This is the atmosphere hanging over European capitals, according to the Financial Times, as M...