The airline reported record revenue of US$32.49bn in 2023.

Women First Jobs offers tailored solutions for women in the UAE, overcoming societal norms and unequal access to opportunities, says its CEO Priyanka Sengar.

Operating profit for 2023 was recorded at US$59 million.

London, United Kingdom - Europe's main stock markets steadied Friday as traders reacted to more earnings updates from top companies, while awaiting revisions to US inflation data. Asia saw holiday-thinned trade, with investors there struggling to build on another record-setting day on Wall Street. "Today sees things slow down after a...

Oslo, Norway - Norway's sovereign wealth fund, the world's biggest, said Tuesday it raked in a record profit of 2.2 trillion kroner ($213 billion) last year, driven by tech stocks and a weak national currency. The fund's total value reached close to 15.8 trillion kroner last year. The 16.1 percent return...

Hong Kong, China - Asian markets fell Wednesday in line with a sell-off across most of the world as traders took their cash off the table after a blockbuster end to 2023, with eyes now on the release this week of Federal Reserve minutes and US jobs data. Equities surged in...

The takeover was finalized for an undisclosed amount.

The company deals in risk management infrastructure for digital assets.

"Equity markets are bouncing back on Tuesday after a risk-averse start to the week, buoyed... by some promising Fed commentary," said analyst Craig Erlam at trading firm OANDA.

PARIS, FRANCE - French firm TotalEnergies and Indian group Adani unveiled plans on Wednesday to create a joint venture to develop wind and solar electricity production in India. The joint venture will include wind and solar assets that Adani Green Energy Limited (AGEL) already operates and is building and developing in India,...

Its net profit rose to US$4.14m as against US$3.96m last year.

New York, US - Wall Street stocks edged higher early Monday ahead of major economic reports and earnings releases later in the week, including from Apple and Amazon. After a strong first half of 2023, US equities have continued to trend higher in July behind hopes that the Federal Reserve will...

ISLAMABAD, PAKISTAN - Five Pakistani state-owned companies are set to collaborate with Saudi Arabia’s Aramco to execute a $10 billion refinery project here. Aramco will inject the initial 30% equity into the project while Pakistan State Oil (PSO), Pak Arab Refinery (Parco), Oil and Gas Development Company Limited (OGDCL), Pakistan...

"Sometimes, the fees have undermined their intended purpose as a cost recovery tool for the provision of a service. For instance, toll roads have become a hidden tax as the tolls collected exceed the cost of the road’s construction and maintenance," add the two experts from Strategy& Middle East.

New York, United States - Wall Street stocks mostly rose early Tuesday amid signs of greater broadening in the equity market beyond technology. Briefing.com analyst Patrick O'Hare pointed to greater momentum for industrials and other "cyclical" sectors tied to economic growth "suggesting that there was a rotation of money within the...

The first-quarter profit increased by 30% compared to Q1 2022.

Equity markets rose, with Paris hitting a record-high, as investors reacted positively to easing inflation, recession concerns and some strong earnings. The dollar hit a year-low against the euro after official data this week showed high inflation slowing in the United States, fanning hopes the Federal Reserve would soon stop...

Total equity increased by 7 percent to $930 million. 

Doha, Qatar--Qatar's bourse intends to open a new derivatives market that will allow investors to trade options and futures on local stocks and its equity index, the country's financial regulator said on Monday. The Qatar Financial Centre Regulatory Authority (QFCRA) issued a new regulatory framework for listed derivatives after a...

The new firm will focus on internal combustion.

The company recorded a full-year revenue of $192m in 2022.

Equity will help DIC enter one of the most regulated markets

For strong growth companies, the choice has narrowed down to growth funding vs private equity and both have different criteria. Very often, companies prefer growth-oriented investors for higher valuations, whereas many PE investors remain by nature more cautious, he adds.

Credit Suisse itself has previously said it had $500 million committed from an unnamed investor, and its chairman said last week that it has other firm commitments, the daily reported on Sunday.

Firm to transfer it equity interest to JV partner Sollers.

The bank's revenues declined 12 percent to $12 billion.

In climate-related sectors, debt funding is becoming more prevalent outside of traditional project finance opportunities such as solar parks, wind farms and eco-friendly realty projects. Energy transition opportunities and electric mobility are attracting increasing levels of debt financing, he adds.

Profit fell 42 percent compared to H1 2021.

The Indian rupee fell to more than 80 per US dollar for the first time on record Tuesday, as the greenback extended its rally and foreign capital outflows intensified.

European stock markets rebounded on Wednesday, recovering some ground following sharp losses the previous session on fears of a global recession. Oil prices recovered slightly, but WTI remained under $100 per barrel. The euro hit a fresh 20-year low point under $1.02 -- the European single currency fast closing in...

Adding to the upbeat mood were comments from US commerce chief Gina Raimondo that she was considering lifting tariffs on some goods from China to help in the battle against inflation.

Energy, utilities and natural resources account for 42% of the total IPO proceeds, TMT 27% and financial services 21%, Odin Financial Advisors MD Omer Unsal tells TRENDS.

Total assets by the end of March grew by 8.7 percent YOY.

Private equity and capital growth in Saudi Arabia has reached SR12 billion ($3.2 billion), Mohammad Al-Quwaiz, chairman of the board of the Capital Market Authority said. He noted that the growth has doubled in the last five years. Al-Quwaiz was speaking at the Global Entrepreneurship Congress 2022 in Riyadh. He...

Al-Dawaa, Saudi pharmacy chain, has raised $27 billion in equity from institutional investors after its first sale of shares to the public.

Singapore-based Princeton Digital Group (PDG) has closed an equity investment from Mubadala Investment Company (Mubadala) as a lead investor for $350 million

Brazil Special Opportunities Fund I is Mubadala's first fund in Brazil.

With an investment of $326m, Al Seer now owns 7.36 percent of AD Ports.

The IPO starts Wednesday and will continue to October 18.

In order to diversify investment opportunities, the Dubai Financial Market (DFM) will roll out new equity futures contracts on individual stocks of three listed companies.

DUBAI: Kuwait’s equity market sustained its upward momentum in August as Kuwait All Share index rose 3.1 percent for the month and 22.4 percent for the year, according to Kuwait Financial Centre, Markaz. In its Monthly Market Review report for August, Markaz said the market liquidity in August, as indicated...

Driven by an increase in net loans and return on equity in the second quarter, Saudi Arabian banks are sitting pretty as the region’s economy continued its rebound from the Covid pandemic.

This is a turnaround from H1 2020, when net loss was $1.29m.

Brent broke above $77 for the first time since 2018 Breakdown of talks raises the possibility of $100 a barrel Oil extended gains in Asian trade Tuesday after a gathering of top producers fell apart without any agreement on a plan to lift output despite stockpiles shrinking and demand surging...

Proceeds will be used by Trella to invest in tech capacity and product development to fuel growth Trella connects shippers directly to carriers, with significant positives for both Trella, a digital freight marketplace in MENAP, has announced the successful completion of a $42 million funding round, comprising $30 million new...