10 of these being acquired for its flydaeal low-cost airline
Saudi Aramco, the world's largest producer of oil, "is exploring a number of ways to potentially optimize transport efficiency, from...
Dubai, UAE -- A total of 3,903 real estate transactions worth AED 10 billion ($2.72 billion) were conducted during the...A total of 208 plots were sold for AED 1.12 billion, while 2,906 apartment and villa sales totaled AED 6.25 billion.
The top three transactions were three lands in Al Jadaf sold for AED 38.5 million, AED 38.5 million, and AED 37 million respectively.
The OECD raised its global economic growth forecast as inflation eases and China emerges from Covid restrictions, but warned of...Organization for Economic Co-operation and Development says rate increases are still needed to fight inflation.
OECD cited uncertainty over the course of the war in Ukraine, the risk of renewed pressure on energy markets.
- The profit of 6% of paid-up capital will be paid as bonus shares.
The bank’s shareholders also approved the Chairman’s and Directors’ Reports, and the Internal Shari’ah Supervision Committee Report for NBF Islamic.
The shareholders confirmed the appointment and remuneration of the bank’s external auditors, PricewaterhouseCoopers (PwC) for 2023.
Global finance was rocked by the collapse of Silicon Valley Bank last week, and the digital currency sector was hit...The global crypto market stands at more than $1 trillion and has risen sharply in recent months, although it remains far below its 2021 peak of $3 trillion
Illicit transactions using cryptocurrencies more than doubled last year to almost $21 billion, according to specialist crypto firm Chainalysis
- The Redmond, Washington giant has been swiftly adopting language-based AI, showing less caution than its rivals despite early problems such...
Microsoft’s latest chatbot, called Copilot, will put ChatGPT-like abilities to work in offices, churning out meeting transcripts, calendar entries or PowerPoint slides instantly
Microsoft is pouring billions of dollars into OpenAI, the company that is building the technology that powers ChatGPT and that released its latest version, GPT-4, on Tuesday
- The rival bidders, Qatari businessman Sheikh Jassim Bin Hamad Al Thani and British billionaire Jim Ratcliffe were invited to visit...
Qatari businessman Sheikh Jassim Bin Hamad Al Thani and British billionaire Jim Ratcliffe, founder of the INEOS chemicals company, have made separate offers to buy United
There will be another day of presentations and tours at United on Friday, with boyhood United fan Ratcliffe who will be joined by INEOS co-owners Andy Currie and John Reece
A multi-plural world that embraces diversity and contradictions is crucial for peaceful coexistence free of conflicts, Prof Subramanian Rangan of...A multi-plural world that embraces diversity and contradictions is crucial for peaceful coexistence free of conflicts, Subramanian Rangan of INSEAD tells TRENDS in an interview
Businesses need to revise their models to integrate income and impact, market and society, and humanity and nature. Also, education is key in using technology responsibly, he adds
The bank’s net profit in 2022 surged 26 percent.The bank’s net profit in 2022 surged 26%, the highest ever in its history with a balance sheet of $78 billion, culminating in a five-year CAGR of 7%
According to Moody's Investors Service's most recent assessment on the GCC banking industry, large GCC lenders are trying to consolidate their market share
Local deals account for 51% of total M&A volume with technology sector at 25% as improved market conditions and pro-business...Local deals account for 51% of total M&A volume with technology sector at 25% as improved market conditions and pro-business reforms boost investor confidence in the region
Rise in oil prices over the past six years, pro-business legislative reforms, and relaxation of government travel restrictions were some other reasons behind strong M&A activities
- ABU DHABI, UAE - Bharat Dynamics Limited (BDL), a Defense Public Sector Undertaking under India's Ministry of Defense appointed EDGE's...
Established in 2004, GradeOne specializes in defense trading and services and providing various solutions to the military and defense sectors
It is part of the Trading & Mission Support cluster within EDGE, one of the world’s leading advanced technology groups.
