• Hungary promotes government bonds

    The Hungarian government has implemented regulatory changes aimed at boosting demand for government bonds and penalising other investment options. These changes, which came into effect on May 31, are expected to increase demand for government…
  • Elon Musk reclaims world’s richest man title

    Elon Musk, the CEO of Tesla, has reclaimed the title of the world's wealthiest person, surpassing Bernard Arnault, according to the Bloomberg Billionaires Index. Musk's net worth stands at approximately $192 billion, while 74-year-old Arnault,…
  • GetYourGuide eyes $2bn worth

    German online travel startup GetYourGuide has secured $194 million in funding from investors to take advantage of the increased demand for travel services during the summer, expand its presence in the U.S., and invest in…
  • US to reduce china investment

    A U.S. Treasury official has revealed that new regulations are being considered to restrict the flow of American investments and expertise into Chinese companies involved in advanced semiconductors, artificial intelligence, and quantum computing. Paul Rosen,…
  • Government Fund records major profits

    The Investment Corporation of Dubai (ICD) has announced a record profit of AED36.1 billion ($9.8 billion) for 2022, driven by the rebound in Dubai's tourism sector following the Covid-19 pandemic, high oil prices, and a…