3 Arab SWFs Accelerate AI Investments
By Hagar Omran
Three of MENA’s biggest sovereign wealth funds have gained momentum in AI investments over the last year. Here’s a closer look. AUM is according to SWFI as of February 2025.
Public Investment Fund (PIF)
AUM: $925 billion
PIF partnered with Google Cloud...
Yen Gains as BoJ Raises Rates to Multi-Year High
markets analysis on behalf of Konstantinos Chrysikos Head of Customer Relationship Management at Kudotrade
The Japanese Yen strengthened against the U.S. dollar following the Bank of Japan’s (BoJ) widely anticipated 25-basis-point rate hike, elevating its policy rate to the highest level since 2008. The market continues to see a potential for additional rate increases while the Bank...
Gold Ends -Eigh Wteek Winning Streak, Hits New Low Near $2,833/Oz
Written by Linh Tran, Market Analyst at XS.com
Gold ended last week down near $2,858 per ounce as economic data indicated a complex inflation situation and the strength of the U.S. dollar was reinforced by market expectations that the Fed would maintain its hawkish stance.
Last Friday, gold officially ended an eight-week winning streak. On the same...
