featured
Wall Street’s biggest banks are on track for record trading revenues in 2026, fueled by booming investor activity, surging AI-driven markets, and record stock trading volumes. JPMorgan, Goldman Sachs, Morgan Stanley, Bank of America, and Citigroup could collectively generate around $180 billion in trading revenue if the current pace continues.
16/07/2026
Saudi Arabia has approved new regulations allowing the early extension of lease contracts for major municipal investment projects, enabling investors to expand and upgrade developments while supporting private sector growth, urban development, and the long-term value of municipal assets.
U.S. two-year Treasury yields climbed to their highest level in nearly 18 months as investors increased bets that the Federal Reserve will raise interest rates to tackle persistent inflation. Markets are now pricing in a higher likelihood of a rate hike, with upcoming inflation data and Fed Chair Kevin Warsh’s congressional testimony expected to shape expectations further. Read more via the link in our bio.
SABIC is expected to post a SAR308 million net loss in the second quarter of 2026, according to Riyad Capital, as lower petrochemical exports and shipping disruptions through the Strait of Hormuz weigh on performance. Revenue is also forecast to decline 41% year-on-year to SAR21 billion.
13/07/2026
