Saudi Arabia’s PIF has launched a dual commercial paper programme in U.S. and Euro markets to diversify its funding sources and enhance short-term liquidity while securing top credit ratings from Moody’s and Fitch.
Saudi Arabia’s PIF refocuses its strategy, pivoting from global assets to domestically driven projects in line with Vision 2030. The fund’s recalibration aligns with the kingdom’s economic diversification goals amid global fiscal shifts.
Abu Dhabi's Mubadala Capital raises $3.1 billion for its private equity fund, targeting middle-market companies while expanding its global investment footprint. Recent acquisitions include Fortress Investment Group and Bugaboo.
The International Monetary Fund (IMF) and Pakistan have reached a staff-level agreement that could unlock $700 million in funding, as part of a larger $3 billion stand-by arrangement.
Pakistan has moved on two fronts over the Houthi assault on Saudi Arabia this week: Defence Minister Khawaja Asif warning the Makkah Defence Pact could become operational, and Pakistan separately delivering a direct diplomatic warning to Iran, Reuters reports, urging Tehran to rein in the Houthis.
Apple has unveiled the iPhone Duo, its first-ever foldable iPhone, featuring a 7.6-inch display Apple calls the largest and most immersive iPhone screen ever. The launch, presided over by new CEO, starts at $1,999, with preorders opening October 16.
US President Donald Trump did not push back on British plans to sanction Israeli settlements when briefed by Prime Minister Andy Burnham, a Western official told The Times of Israel.
British Prime Minister Andy Burnham announced a package of measures targeting Israeli settlements in the West Bank, including a trade ban, a formal declaration that the occupation is unlawful, and sanctions on individuals and companies profiting from settlement expansion, calling it a decisive break from years of British hesitancy.
برطانیہ، فرانس اور کینیڈا نے مقبوضہ مغربی کنارے (فلسطین) میں اسرائیلی بستیوں سے تجارت پر پابندیاں عائد کر دیں۔ ڈنمارک، ناروے، پولینڈ، سپین اور سویڈن نے ”دو ریاستی حل“ کی حمایت میں مزید اقدامات کا عندیہ دے دیا۔ اسرائیل کی ”سفارتی تنہائی“ بڑھ رہی ہے۔ روئٹرز