Since the time that global investor Prince Alwaleed bin Talal was released by Saudi authorities on Saturday last week, there has bene an increase of $1 billion in his personal wealth. There has ben a sharp rise in the shares of Kingdom Holding — Alwaleed’s firm that has sizable investments in companies like Apple, Twitter and Citigroup since he…
Davos does not want to call bitcoin a currency even though it agrees that it is an interesting. That is what Davos appears to be clear about when it comes to bitcoin. At this year’s World Economic Forum, bitcoin has become a major topic of discussion from being a tech industry curiosity because of the…
In 2018, the hottest emerging industries for startups and entrepreneurs would be cryptocurrency, cannabis, VR and “alternative travel”. This was revealed in a research report prepared by online graphic design marketplace 99designs and was released this week. The conclusion by 99designs was arrived at through a thorough comparison and analysis of the design projects that…
Time is running out for Saudi Arabia’s richest man. It was more than two months that the Saudi government arrested Prince Alwaleed bin Talal as part of its campaign to reduce corruption. According to London based Arabic news site Al-Arabv Al-Jadeed, Alwaleed was more to a prison – removing him from his restricted quarters at the…
North Korea has been provided an economic lifeline by Russian tankers who have, in recent months, shipped fuel to the rogue state at least three times. This was done by transferring of the fuel at sea. This was reveled in media reports quoting two senior Western European security sources. The sources also said that this…
Responding to the UN vote to accept the proposal for identifying Jerusalem as the capital of Israel, the US government has decided to reduce its commitment to the United Nations for the two years of 2018 and 2019, Washington announced recently. U.S. president Donald Trump had decided to recognize Jerusalem as the capital of Israel…
The color combination had been identified as a key symbol of national sovereignty. On Friday, the British government said once the country leaves the European Union in March 2019, it will reintroduce its classic blue and gold passport, a key symbol of national sovereignty. As per Brandon Lewis, Britain’s immigration minister, the move is likely…
In the eventuality of North Korean leader Kim Jong-un making more provocations, U.S. President Donald Trump would lead U.S. to war with the rogue nation, predicted U.S. Senator Lindsey Graham. Trump has been a recent friend for Graham who was earlier a foe of the U.S. President. He has been spending quite some time with…
The One Belt One Road (OBOR) program of China has seen financing of infrastructure projects right across Asia. However, the world’s second-largest economy is the one that does all the deciding – which countries get funding and when. However, a cautionary tale is being offered by Pakistan. China – Pakistan Economic Corridor (CPEC) is the name…
With the world threatened by global warming, France has taken the lead in making wealthy countries aware of this menace and is pushing for increased financing in projects that mitigate the effects of this risk. On Tuesday, French insurer AXA disclosed, it would quadruple its investments in environmentally-friendly projects by 2020 to $10.60 billion (9…
business-gurus.com 