Gains for oil prices were relatively modest, while gas futures were unmoved after Israel's strikes Tuesday against Hamas in gas-rich...
The rights issue aimed at boosting growth.
"We continue to capitalize on the promising opportunities in this market through innovative offerings and solutions, while strengthening our substantial...ADIB launches a framework aimed at supporting environmental protection and social justice projects.
The Abu Dhabi-based bank is first global financial institution to issue US dollar-denominated green sukuk.
- The GCC is at a critical juncture, facing the dual challenge of embracing blockchain innovation while combating crypto crime, says...
The Gulf region is at a critical juncture, facing the dual challenge of embracing blockchain innovation while combating crypto crime, says Nicola Buonanno of Chainalysis.
Crypto crime encompasses activities from theft and scams to money laundering and ransomware attacks, all orchestrated to exploit cryptocurrencies for illicit gains, he adds.
The acquisition of the TV maker is worth $2.3 billion.With the all-cash purchase, the US shopping behemoth gains access to Vizio's more than 18 million accounts.
Vizio is known for what Walmart called "immersive entertainment" through a "customer-centric platform".
ABU DHABI, UAE - Oil prices could rise to $100 per barrel and gold prices could reach $3,000 per ounce...Analysts say gold is currently trading at $2,016 and could surge by about 50 percent if central banks dramatically increase purchases.
Another factor that could drive gold prices is the global economy's deep recession, which could prompt the Federal Reserve to cut rates rapidly.
RIYADH, SAUDI ARABIA - Saudi National Bank (SNB) commenced the US dollar-denominated senior unsecured sukuk issuance through a special-purpose vehicle. The sukuk are offered to qualified...The sukuk are offered to qualified investors inside and outside Saudi Arabia.
The amount and sukuk’s terms of offer will be subject to market conditions.
Beijing, China--China is moving away from traditionally energy-intensive industrial sectors toward green development across key sectors, in efforts to fulfill...According to data, in 2023 a total of 78 steel enterprises completed the full-process ultra-low emission transformation of their production capacity
Some 5,095 green factories have been established at national level, contributing to over 17% of the total output value of the manufacturing industry
Its shareholders will own 60% of the combined company.Under the deal, Discover shareholders will receive 1.0192 Capital One shares for each Discover share, a premium of 26.6 percent over Discover's closing price on Friday
Acquisition of Discover will help "build a payments network that can compete with the largest payments networks and payments companies," said Capital One founder and CEO
- It plans to hike investments in the country to US$5 billion.
Its CEO said the company plans to maximise the benefit from the current facilitation on oil and gas exploration activities in land and sea areas
The production plans are being stepped up to meet the growing demand of the local market and to support Egypt's endeavours to export the surplus energy
Its sales jumped 6% to US$27.2bn in half-year results.The company's net profit dropped 86 percent to $927 million as it took a hammering from exceptional items
The mining giant said last week that it was writing down its Western Australian nickel assets because of a market slide
- The consumer products sector enjoys tremendous growth, with retail sales value for the industry globally rising by close to 10...
The consumer products sector enjoys tremendous growth, with retail sales value for the industry globally rising by close to 10 percent year on year in 2023, says a report.
However, the sector remain at a crossroads, with inflation, digital transformation, and sustainability shaping the future, adds the latest report by Bain & Company.
