Business

SpaceX Seeks $75 Billion IPO, Valued at $1.8 Trillion

SpaceX is on the brink of a landmark moment as it gears up for a massive initial public offering (IPO), aiming to raise an unprecedented $75 billion. This move could potentially make it the largest IPO ever, valuing the company at an astounding $1.8 trillion. This valuation not only highlights SpaceX's status as a technological powerhouse but also underscores its position among the most...

Oil Prices Drop Amid Prospects of US-Iran Agreement Easing Tensions

On Friday, oil prices experienced a significant drop of over 2%, marking the steepest weekly decline since early April. This downturn is linked to emerging reports of a potential agreement between the United States and Iran that might prolong a ceasefire and ease shipping restrictions through the Strait of Hormuz, a vital corridor for global energy transportation. Brent crude futures were trading near $92 per...

Qatar Chamber, Vietnam Explore Enhanced Economic and Trade Partnership Opportunities.

In an effort to bolster economic ties, Mohamed bin Ahmed bin Twar Al Kuwari, the First Vice Chairman of Qatar Chamber, recently engaged in...

Uzbek Leaders Sign Deal to Boost Defense Industry and Economic Growth

On Thursday in Doha, a significant diplomatic exchange took place as Qatar’s Deputy Prime Minister and Minister of State for Defence Affairs, HE Sheikh...