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Saudi Selloff Shrinks To 0.15% By The Close, A Day After Riyadh Airport Attack

Saudi Selloff Shrinks To 0.15% By The Close, A Day After Riyadh Airport Attack

Saudi Arabia's benchmark stock index pared early losses to close 0.15% lower Sunday, and Saudi Aramco slipped 0.2%, after Saturday's attack on Riyadh's airport killed at least 12 people. Key Points: The Tadawul All Share Index ended at 10,360.74 after falling about 1% in early trade, with 151 stocks

A Middle East supply shock rippled into crypto Thursday, pushing crude to $88.60 while Bitcoin sank toward $65,500. (Image: Shutterstock)

Bitcoin Slides To $65,500 After Houthi Strikes On Saudi Oil Tankers

Bitcoin (BTC) slipped toward $65,500 on Thursday after the Houthis claimed drone and missile strikes on two Saudi oil tankers, lifting crude to $88.60. Key Points Houthi forces said they targeted the tankers Encelia and Layla, days after declaring a naval blockade on Saudi Arabia. West Texas Interme

Exclusive: Saudi Payments Pioneer Says AI Compute Power Could Become The World’s Most Valuable Asset

Exclusive: Saudi Payments Pioneer Says AI Compute Power Could Become The World’s Most Valuable Asset

Saudi Arabia is moving aggressively to position itself at the center of tokenized finance and AI infrastructure as global financial systems race toward programmable money, according to Faisal Monai, founder of Saudi Arabia’s payments network SADAD. In an interview with Yellow.com, Monai, who is also

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