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Cryptocurrency prices fluctuated in trading today as markets awaited the release of US data on consumer confidence and the labor market ahead of the start of the Federal Reserve Board meeting later today.Bitcoin edged up 0.1% to $87,765.78. Ethereum, which accounted for about 59.1% of the total cryptocurrency market but is the second largest cryptocurrency by market capitalization, fell 0.15% to $2,904.10, and Ripple fell 0.85% to $1.8812.market valueAccording to data from CoinMarketCap, the global market value of cryptocurrencies reached $2.97 trillion, and the total trading volume in the past 24 hours reached $105.62 billion.U.S. consumer confidence data will be…

PenSpen, a leading international energy consultancy, has been awarded a project management consultant (PMC) services contract by a national oil and gas company for the refurbishment of the Habshan gas compressor factory in the United Arab Emirates. Under the contract, Penn will deploy a PMC team to support the engineering, procurement and construction (EPC) phase of the project. PennSpen provides independent oversight and control over EPC contractors to ensure that projects are delivered safely, on time, on budget, and in full compliance with technical and regulatory requirements. The Penn team will be responsible for key functions including project management and…

Saudi Arabia’s Crown Prince and Prime Minister Mohammed bin Salman bin Abdulaziz Al Saud chaired a cabinet meeting in Riyadh on Tuesday. At the beginning of the session, the Crown Prince briefed the Cabinet on the message he received from King Hamad bin Isa Al Khalifa of the Kingdom of Bahrain, which spoke about the relationship between the two brotherly countries. The Cabinet reviewed the current regional and international situation and reaffirmed Saudi Arabia’s commitment to support the mission of the Gaza Peace Committee as an interim authority to end the conflict, promote reconstruction, and pave the way for security…

Falak Angels invests in UNITS to reimagine regional flexible warehousing News • December 30, 2025 edit arabic Saudi Arabia-based logistics startup UNITS has received an undisclosed investment from Falak Angels Network. Founded in 2023 by Mubarak Alosaimi, UNITS operates an all-in-one warehousing ecosystem that provides customized storage solutions to address enterprise scalability challenges, operational inefficiencies, and inventory management. The funding will be used to expand UNITS’ physical footprint, advance its technology platform, and expand its market size. press release: Falak Angels has announced a strategic investment in UNITS, a company specializing in flexible warehousing and integrated logistics solutions. This investment…

KHARTOUM — Sudan’s military says it has lifted the siege of a key town in the country’s south that militias had blocked access to for almost two years.The military said in a statement on Monday that it had successfully opened a road leading to the town of Diring in South Kordofan province, after inflicting “heavy losses” on the paramilitary Rapid Support Forces (RSF).The military vowed to “continue to cleanse the RSF paramilitary group until security and stability are restored across the country.””Our forces inflicted heavy losses on the enemy, both in personnel and equipment,” the statement said.Witnesses said Sudanese forces…

New car sales in Europe increased by 5.8% in December last year, compared to an annual increase of 2.1% in November 2025.According to the report, sales of battery-powered electric vehicles increased by 51% annually last month, sales of plug-in hybrid electric vehicles increased by 36.7%, and hybrid electric vehicles recorded an annual increase of 5.8%.Sales decreaseMeanwhile, sales of gasoline and diesel vehicles decreased by 19.2% and 22.4%, respectively.In major markets, car sales rose 9.7% in Germany and 2.3% in Italy, while they fell 5.8% in France and 2.2% in Spain.Total new car sales in Europe over the past year rose…

Sterling edged up against the US dollar for a fourth consecutive day on Tuesday, partially supported by data showing retail inflation accelerated sharply in January while political uncertainty smoldered in the UK. The pound was last up 0.12% against the dollar at $1.3696, near a four-month high. The pound last fell 0.12% against the euro to 86.72 pence per euro. The dollar has been under pressure in recent weeks from a range of issues, including geopolitical and tariff uncertainty that reinvigorated the “Sell America” ​​trade last week, while traders are also wary of the possibility of coordinated currency intervention by…

LONDON – The U.S. dollar edged higher on Tuesday but struggled to gain traction, while traders remained wary of the possibility of coordinated currency intervention by U.S. and Japanese authorities and kept an eye on the Federal Reserve’s interest rate decision on Wednesday. Much of the foreign exchange market’s attention these days has been on the yen, which has risen as much as 3% in the past two sessions on talk of interest rate checks by the United States and Japan, often seen as a harbinger of official intervention. This has kept the yen stable at around 153-154 yen to…

Saudi Arabia’s Rewaa wins $45 million in Series B News • December 30, 2025 edit arabic Saudi Arabia-based retail technology company Rewaa has closed a $45 million Series B round led by Wa’ed Ventures, Idrisi Ventures, and Unity Ventures, with participation from Vision Ventures, RZM Investments, Sedco Capital, Saned Partners, Palm Ventures, and Abdulrahman Saleh Al-Rajhi & Sons Company. Founded in 2018 by Mohammed Al-Qusair and Abdullah Al-Jadhai, Rewaa provides cloud-based POS and business management solutions that integrate accounting, inventory, and sales operations for small and medium-sized businesses. The funding will be used to accelerate the company’s AI-powered smart operating…

RIYADH — Saudi Arabia’s gross domestic product has more than doubled since the announcement of Vision 2030 and will reach 4.7 trillion riyad ($1.25 trillion) by the end of 2024, from 2.6 trillion riyad ($693 billion) in 2016, Investment Minister Khalid al-Falih said on Monday.Speaking at a government press conference in Riyadh, Al-Falih said the economic expansion reflects not only numerical growth but also fundamental structural reforms that have restructured the labor market and strengthened the competitiveness of the private sector.He said the Saudi economy has created 800,000 new jobs, highlighting the dynamism of emerging sectors and their increasing capacity…