Business Blog

Big investors sold tech stocks ahead of key earnings reports, Bank of America says

Bank of America clients sold a record amount of single stock positions last week.

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House Judiciary Committee to vote on whether to cite Zuckerberg in contempt of Congress

A criminal contempt case could be referred to the Justice Department, which could decide whether to take up the case.

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Don't chase the Coinbase rally as regulatory risks still linger, analysts warn

Despite the ways Coinbase and the crypto industry can benefit from the XRP ruling, the dark cloud of regulatory uncertainty hasn't gone away yet.

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Saudi Arabia's Public Investment Fund (PIF) initiates Sawani to target camel milk industry expansion.

The Public Investment Fund (PIF) of Saudi Arabia has made an important statement on the establishment of Sawani Company. This move intends to promote the growth of the Kingdom's camel farming business and play an important role in its long-term development.
A company has set its sights on being a prominent producer of camel dairy products in order to strengthen Saudi Arabia's Food and Agriculture sector and encourage economic diversification in line with Vision 2030. This initiative aspires to contribute to the growth and development of the Saudi economy with a strong commitment to supporting the nation's goals.

A new project has been announced in order to improve the camel dairy sector. This project aims to work with the private sector to boost production capacity and improve the domestic production ecosystem's standards. Modernising operations, encouraging local knowledge, and investing in cutting-edge technologies are among the primary focal areas.

Saudi Arabia is actively seeking to expand its camel dairy industry, aiming to boost the sector's growth and potential.

AHMED BEN ALI , 2023
Saudi Arabia is actively pursuing the expansion of its camel dairy industry, with the goal of increasing the sector's growth and potential.
The Public Investment Fund (PIF) has made major investments in the Food and Agriculture sectors as part of a strategic strategy to diversify the Saudi economy and strengthen its distinctive produce businesses. This decision is likely to benefit the country's economic landscape while also supporting the booming agricultural industry.

In a strategic move, the corporation has recently made many investments in order to diversify its portfolio. The Saudi Coffee Company, committed to promoting the famed Saudi Khulani coffee beans, is one prominent venture. Furthermore, the corporation has made a substantial investment in the Halal Products Development Corporation, which focuses on the thriving halal products market. These endeavours demonstrate the company's dedication to pursuing new prospects and capitalising on emerging market opportunities.
Since 2017, the Public Investment Fund (PIF) has effectively launched 84 companies across 13 critical areas, demonstrating great economic prowess. PIF's strategic move has surely aided the expansion and development of many industries, cementing its position as a driving force in the worldwide market.

Sawani, a leading corporation, has pledged to prioritise sustainability throughout all stages of production, distribution, and marketing. Sawani intends to enhance consumer awareness about the numerous health benefits connected with camel dairy products, with a particular emphasis on environmental responsibility.
Saudi Arabia Will Highlight Camel Husbandry's Unique History and Cultural heritage.
Camel milk has recently gained global awareness for its exceptional nutritional benefits. This amazing beverage is well-known for its high concentrations of important minerals and vitamins, particularly vitamins A, B, E, and C.


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Spain's right-wing parties could win a parliamentary majority, exit polls show after key election

In the absence of a clear majority, the focus is now heavily on who will be the third largest political force emerging from Sunday's election.

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Harman unstoppable in drama-free British Open win at Hoylake

Brian Harman turned back every challenge in the British Open, from big names to bad weather, and took his place among major champions Sunday.

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