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Saudi to offer steel projects worth $16bln

GLOBAL BUSINESS AND FINANCE MAGAZINE
October 20, 2025
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They aim to tackle supply gap. Saudi Arabia has completed a study about the optimal options to address the supply shortage in the domestic steel market, the Kingdom’s Minister of Industry and Mineral Resources Bandar Alkhorayef has said. Options involve manufacturing 7 steel and iron products, potentially opening up investment opportunities worth 60 billion Saudi […]

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Global bank stocks slide as US credit risks spark reality check

GLOBAL BUSINESS AND FINANCE MAGAZINE
October 17, 2025
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Global financial stocks slid on Friday as a rout in U.S. regional banking shares heightened concerns about credit quality and mounting risks in the sector. The banking sector’s exposure in two recent U.S. auto bankruptcies has rekindled concerns about lending standards more than two years after Silicon Valley Bank’s failure, when high interest rates drove paper losses on […]