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Oil prices rise

Baghdad, Oil prices rose today, Tuesday, as Brent crude futures for June delivery recorded an increase of 46 cents, or 0.5 %, to reach $90.56 per barrel.

US crude futures for May delivery rose 43 cents, or 0.5 %, to $85.84

Saudi Stock Exchange Ends Trading Lower

Riyadh: The Saudi Stock Exchange main index ended trading lower today, losing 207.91 points to close at 12500.43 points.

The total value of trading reported was SAR10.2 billion.

The Saudi Parallel Market Index (NOMU) ended the day by losing 239.21 p…

Microsoft invests $1.5 billion in Abu Dhabi’s G42

Abu Dhabi, G42, the leading UAE-based artificial intelligence (AI) technology holding company, and Microsoft today announced a $1.5 billion strategic investment by Microsoft in G42.

The investment will strengthen the two companies’ collaboration in b…