Several private equity firms are thinking about buying Peloton, the company that makes connected fitness equipment, as it tries to deal with its debts...

Stock markets across the Gulf region displayed a mixed performance on Thursday, with the Qatari index hitting a six-month low following the U.S. Federal Reserve's dismissal of interest rate hike concerns. Saudi Arabia's benchmark stock index experienced a slight uptick of 0.1%, buoyed by gains across various sectors, particularly in IT, utilities, and real estate stocks. Notable increases were observed in Acwa Power by 1.7% and Middle East Pharmaceutical by 1.8%, while Saudi Basic Industries, or SABIC, saw a decline of 1.6%. This drop followed SABIC's report of a 62% decrease in first-quarter net profit. In Dubai, the benchmark index rebounded after two consecutive sessions of losses, closing 0.2% higher. This increase was attributed to gains in consumer staples,...

Analysts think real estate stocks will do well soon. They believe they could go up by as much as 16 percent in the next year. This is because the Federal Reserve, which controls interest rates, says it won't raise them for a while. This is good for real estate because it usually does better when interest rates are steady. The Federal Reserve's Decision Helps Real Estate The Federal Reserve's decision about interest rates is really important for the real estate market. By saying they won't raise rates and will keep them high, they've made investors feel more confident. This is according to Gregory Kuhl from Janus Henderson Investors. He thinks that even if interest rates don't go down, real...