- Profit fell due to anemic M&A market, weakness in trading.
The big investment bank has essentially abandoned a once-touted push to compete with retail banks for Main Street consumers.
Goldman also suffered a drop in its other main division, asset and wealth management, citing net losses and markdowns in real estate.
- The $5.2bn factory is expected to create up to 4,000 jobs.
The factory is Tata's first giga facility outside India, and will be built in Somerset, southwest England.
The British government said the new manufacturing facility is expected to provide almost half of the battery production that the UK will need by 2030.
- The dollar-denominated certificates have annual return of 5.23%.
Almarai told Tadawul in a statement that the certificates will be listed on the Irish Stock Exchange under Euronext Dublin.
The certificates were issued under the $200 million Trust Certificate Issuance Program updated by the company on July 14.
- DUBAI, UAE – Participants at a webinar strongly supported governments providing incentives or regulatory frameworks to encourage greater participation in...
The webinar was organized by Dubai Chamber of Commerce, one of the three chambers operating under Dubai Chambers.
The webinar provided valuable insights and guidance aimed at helping companies to access green finance, attract green investment projects.
- The portfolio comprises 27 hotels across Japan.
The portfolio was acquired from Daiwa House Industry for $900 million and comprises a total of 7,124 hotel rooms.
The acquisition was made along with a consortium led by Singapore-based private equity real estate firm, SC Capital Partners and Goldman Sachs Asset Management.
- Riyadh, Saudi Arabia - Saudi Arabia is the top-ranked country in the MENA region in terms of Venture Capital funding...
The Kingdom accounted for 42 percent of the total capital deployed in the region during H1 2023, up from 31 percent in 2022.
-commerce and retail were the highest sector in the Kingdom by the amount of funding and by number of deals in H1 2023
- Sharjah, UAE--The Sharjah Chamber of Commerce and Industry (SCCI) and Costa Rica have discussed ways to advance bilateral economic relations....
Discussions focused on strengthening commercial and industrial cooperation and investment among the private sector organizations and institutions
The chamber noted the incentives, privileges, and various forms of support and assistance offered by the emirate to foreign companies





















