Vancouver, BC, October 9, 2025 - TheNewswire – Global Stocks News – Sponsored content disseminated on behalf of NexMetals Mining. On October 1, 2025, NexMetals Mining (TSXV: NEXM) (NASDAQ: NEXM) confirmed that SNUG-25-194 intersected 32.60 metres of continuous mineralization at Selebi North South Limb, including an aggregate total of 19.90 metres of massive sulphide across five sub-intervals. NexMetals owns two previously producing Cu-Ni-Co mines in Botswana, a safe, mineral-rich Tier 1 mining jurisdictio ...

Saudi Arabia is quickly turning into a dominant player in the gaming world. It’s part of a broader effort to diversify the kingdom’s economy away from oil https://t.co/Ruh0xSVDdY ...

For decades, Trinidad and Tobago has relied on oil production to bring in revenue to the small Caribbean state. However, as its oil reserves begin to dwindle, the outlook is less certain, despite ongoing investment in new auctions for further exploration. The country is now at a crossroads, as the government decides whether to support more invasive exploration practices or to shift to alternative energy sources and pursue economic diversification. In recent years, the neighbouring South American state of ...

Hong Kong is in talks with several Chinese electric-vehicle makers to establish local EV manufacturing, according to sources, as the financial hub looks to advanced industries to diversify its ailing economy https://t.co/GVQHly1ewT ...

Core Viewpoint - Fitch Ratings has upgraded the Outlook on Iceland's Long-Term-Foreign-Currency Issuer Default Rating to Positive from Stable while affirming the IDR at 'A' [1] Group 1: Economic Indicators - Iceland's public finances have strengthened, with general government debt expected to decline significantly by 2025 due to the settlement of the Housing Financing Fund's liabilities and the full privatization of Islandsbanki [2] - The economy is diversifying into higher-value-added sectors such as pharmaceuticals, ICT, and biotechnology, which enhances resilience against external shocks [2] - Iceland's renewable energy resources and competitive energy prices are attracting investments in energy-intensive data centers, indicating a positive investment climate [2] Group 2: Rating Implications - Increased confidence in a sustained decline in the government debt/GDP ratio, along with strong economic growth and diversification, could lead to positive rating actions [3] - A deterioration in the debt/GDP trajectory due to fiscal loosening or severe economic shocks could result in negative rating actions [4]

Economic Diversification & Sustainability - Gulf economies are making efforts towards becoming greener and more diversified [1] - It is unrealistic to expect a single company to achieve such broad and diverse goals [1]

There is nothing wrong with efforts to make the Gulf’s economies greener and more diversified. Yet one company alone cannot be expected to achieve such disparate objectives https://t.co/yBfFlyN9T9 ...

Core Insights - Disney's announcement of a new theme park in Abu Dhabi reinforces the UAE's position as a global consumer hub in the Middle East [1][2] - Yas Island, developed since 2006, is projected to attract 38 million visitors by 2024, showcasing its growth as a major entertainment destination [1][2][9] Economic Context - The UAE is the second-largest economy in the Arab world, with a diversified market-based economy, and aims to reduce oil revenue to less than 40% of its GDP [2][3] - Abu Dhabi holds 90% of the UAE's oil reserves and derives 60% of its GDP from petroleum, contrasting with Dubai's reliance on non-oil revenue [3][4] Investment and Development - The Disney park will be developed by Miral, with no direct capital investment from Disney, which is focusing $60 billion on other global theme parks [5][10] - The UAE's investment strength is expanding beyond its borders, including recent projects in the U.S. [6] Tourism and Consumer Economy - The new theme park is part of a broader strategy to enhance quality of life for residents and tourists, although Dubai remains more dependent on tourism [7][8] - Abu Dhabi's approach to economic diversification has been more measured compared to Dubai, which has faced uneven success in consumer attractions [8][9] Future Outlook - The UAE is in a growth phase, with Abu Dhabi and Yas Island developing a critical mass of leisure entertainment, positioning them as a prime location for future investments [9][10]