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Bitcoin prices may be down, but miners are finding new growth as AI data centers. According to Morgan Stanley, companies like Terawulf and Cipher Mining could more than double in value by pivoting from crypto mining to power-hungry AI infrastructure—turning access to electricity into their most valuable asset and reshaping the sector’s long-term outlook.

Clock10/02/2026

Mashreq bank raised $500 million through a five-year bond, attracting orders exceeding $925 million.

Saudi Arabia’s Business Confidence Index rose to 56.7 points in August 2026, supported by stronger optimism across the industry and services sectors.

Investors are bracing for a bumpier fall stock market due to shifting odds of a Federal Reserve interest-rate increase and other macro challenges.

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Saudi Arabia’s Arab National Bank has raised $750 million through an AT1 sukuk priced at a 6.50% yield, with orders exceeding $3 billion.

Clock03/09/2026
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