Rent caps and bureaucracy threaten housing investments in Europe

Rent caps and bureaucracy threaten housing investments in Europe

As rents rise in major European cities due to a shortage in housing supply, investors are preparing to pour their money into new homes, but they are stumbling into a confusing set of obstacles. While office and retail properties suffer from the impact of remote working and online shopping trends, property investors have allocated an … Read more

Al Bilad newspaper An artificial intelligence-powered stethoscope detects heart diseases

Al Bilad newspaper  An artificial intelligence-powered stethoscope detects heart diseases

Some clinics in Britain have begun using an artificial intelligence stethoscope, which is a major shift in the field of exploring heart diseases. This stethoscope can detect heart defects early and quickly, and is much less expensive than traditional methods of detecting the heart, which can ultimately lead to saving the lives of large numbers … Read more

“Bitcoin” jumps 152% in 2023… and awaits a “fateful” decision this month

“Bitcoin” jumps 152% in 2023… and awaits a “fateful” decision this month

Although 2023 is the 14th year of the emergence of cryptocurrencies, it has been a year full of surprises. Despite a series of scandals and bankruptcies, the crypto market, led by Bitcoin, was able to record record gains. Due to the crises that the market witnessed, the name of the “crypto” market was associated with … Read more

The best new cars for the year 2024… electric ones in the lead

The best new cars for the year 2024… electric ones in the lead

Just in time for the end-of-year holidays, Edmunds has presented the latest installment of its annual list of the most interesting new cars that will debut in the new year. A handful are already on sale including the Subaru Crosstrek and Toyota Grand Highlander, but many more will be making their way into dealer showrooms … Read more

Al Bilad newspaper Huawei expects its revenues to increase by approximately 9% in 2023

Al Bilad newspaper  Huawei expects its revenues to increase by approximately 9% in 2023

The giant Chinese telecommunications company, Huawei, announced on Friday that it had been able to “weather the storm” of US sanctions by announcing an increase in its revenues by approximately 9% in the year 2023, during which it launched a smartphone that made Washington question the effectiveness of the restrictions. Huawei, which is headquartered in … Read more

The value of global deals fell below $3 trillion

The value of global deals fell below $3 trillion

The value of deals fell globally during 2023 below the levels of $3 trillion for the first time since 2013. This decline was caused by a combination of high interest rates and escalating geopolitical tensions, as deal makers found themselves forced to deal with multiple fronts and at several levels, according to the Eastern News … Read more

Oil prices fall while monitoring developments in the Red Sea

Oil prices fall while monitoring developments in the Red Sea

Oil prices fell by $1 per barrel yesterday; Erasing the gains of the previous day at a time when investors are monitoring developments in the Red Sea, with some major shipping companies resuming traffic from the region despite new attacks on Tuesday. Brent crude futures fell 94 cents, or 1.16%, to $80.13 per barrel by … Read more

Intel invests $25 billion in Israel

Intel invests $25 billion in Israel

Intel Corp. confirmed that it will invest a total of $25 billion in Israel after receiving incentives worth $3.2 billion from the country’s government. This comes after the Israeli government agreed to grant Intel Corp a grant amounting to $3.2 billion, which will go towards expanding the company’s chip manufacturing site in Kiryat Gat, south … Read more

Congress: Pitched battle in the Budget and bad mood over the Milei reform | Nobody knows the fine print

Congress: Pitched battle in the Budget and bad mood over the Milei reform |  Nobody knows the fine print

After much fuss, Congress began its extraordinary session period to approve the reform package that Javier Milei sent to deal – this time – through legislative means. Regarding the projects that should be discussed, however, there is still no news. The issues are known, such as the restitution of income tax payments for workers and … Read more

The gross domestic product rose to 3,387 million dinars in the third quarter

The gross domestic product rose to 3,387 million dinars in the third quarter

National accounts estimates issued by the Information and e-Government Authority showed that the real gross domestic product of the Kingdom of Bahrain increased by 2.45% in constant prices and by 1.09% in current prices in the third quarter of 2023 compared to the same period in 2022. The Information and e-Government Authority explained that the … Read more