Recent headlines from the sources AlphaScala monitors. AlphaScala analysis is published in the main market section.
KEC secures SAR 150M Shariah-compliant facility from Riyad Bank, backed by land mortgages. The deal adds to a pattern of secured lending to Saudi developers.
Bitcoin slips under $64K as Fed pushes rates higher for longer. Marex analysts flag 'defensive' positioning and thin conviction. Exchange volumes hit eight-month low; RWA perps buck the trend.
Saudi Arabia jumped four spots to 13th in the 2026 IMD World Competitiveness Yearbook, driven by gains in infrastructure and regulatory efficiency. The milestone supports Vision 2030's goal of a top-10 ranking by 2030.
Wafrah shareholders approved a change to its capital increase spending plan. The stock barely moved. The company did not disclose the old or new allocation, leaving the market to guess at the logic.
Analyst Michaël van de Poppe calls NEAR his largest holding, citing $94.68M in TVL and growing revenue. A weekly close above $3.05 would confirm a breakout toward $5.35.
KDL Logistics shareholders approved a 1.7% cash dividend for 2025 and authorized the board to pay interim dividends for 2026. The payout is based on par value.
Malta's MFSA wants to define 'fully decentralised' under MiCA, arguing many DeFi projects retain admin keys and governance control. Public feedback open until July 10.
The CryptoBandits campaign swaps copied wallet addresses for attacker-controlled ones, routes traffic through Tor, and hides inside Windows scripting tools.
SMC wins SAR 3.8B, 15-year contract to manage a 1,000-bed psychiatric hospital in Riyadh. Shares rose 2.5%. The deal adds long-term recurring revenue as Saudi Arabia expands mental health capacity under Vision 2030.
Ukraine hit the Gazprom Neft refinery near Moscow, knocking out 53% of capacity and sending Brent crude up 2.8%. Bitcoin stayed flat as traders balanced flight-to-safety against broader risk-off.
The rupee's longest winning streak in a year, driven by exporter flows and RBI tolerance, now faces a test from US payrolls. Infosys and Wipro margins under pressure.
U.S. stock futures rose as investors weighed Fed Chair Warsh's hawkish debut, a U.S.-Iran oil deal, and corporate headlines. The interplay between Fed policy and oil supply will shape the week.
Payfuture's single-integration deal with APA gives clients direct access to local payment infrastructure in Africa, Asia and the Middle East without managing multiple banking relationships at each border.
Bitcoin fell below $64K after hawkish Warsh comments triggered a risk-asset sell-off. Altcoin selling hit a five-year high at $209B net volume. Strategy's funding mechanism is broken. Hayes is buying ETH.
Shareholders authorized semiannual or quarterly dividend payouts for 2026, giving the board discretion on timing. The move aligns with a more flexible capital return approach for the Saudi retailer.
Singapore's MAS added Bybit to its Investor Alert List, warning the public the exchange is not licensed. The move complicates Bybit's regional standing after a recent Malaysia delisting.
Leejam Sports opened two Unaizah fitness centers on June 17. The company expects financial impact from Q2 2026 as it expands in Qassim region.
The Strait of Hormuz reopening removes a key risk premium from VLCC rates. For DHT, a pure-play tanker owner, the shift rewrites the earnings and dividend outlook.
Gas fell below $4 a gallon for the first time since March as demand softened and refinery output hit a 2024 high. The national average now sits at $3.99, down from May's $4.50 peak.
BCI shareholders approved a bylaw amendment updating the company's corporate objectives at an extraordinary meeting. The filing did not disclose specifics, but such changes typically precede a strategic shift for a Saudi-listed chemical producer.
AT&T CFO Pascal Desroches retiring Dec 31. 60% of outgoing CFOs retired or moved to board in Q1 2026, per Russell Reynolds. Successor Jennifer Biry brings AT&T and McAfee experience.
TPG trades at a discount on fee earnings as private credit fears pressure the sector. The next earnings report will test whether the fee base held up.
Jabal Omar's SAR 2B refinancing with SNB improves repayment terms and eases cash flow pressure. For other Mecca developers, the deal signals bank confidence in the sector.
Range protects $30B after $8.3M raise, targeting institutional stablecoin ops. Integrates with 10,000+ banks, clients include Circle and Stellar.
An Indian couple's ₹6.85 lakh Europe trip breakdown shows flights and food as the biggest costs. The ₹1.85 lakh food bill sparked debate on social media about travel spending habits.
Netanyahu faces a collapse in public support and open criticism from rivals after Trump sidelined Israel from Iran negotiations. The war's objectives remain unmet.
Hegseth announced a six-month Pentagon review of U.S. forces in Europe, warning some NATO allies will 'fail' on defense spending and Iran cooperation.
Amazon's new software tracks worker movement in robot-filled warehouses to save millions of labor hours. The efficiency drive targets human motion, not just packages, documents show.
A crypto analyst expects XRP, Stellar, and Shiba Inu to lead altcoin gains if Bitcoin rallies, citing historical patterns and a BOJ rate shift.
TADCO filed a capital reduction application with the CMA on June 17. Shareholders must still approve the plan, which could shrink the equity base and boost per-share metrics.