Adani Enterprises is looking to launch a $1bn share sale by mid-September, having shelved a record $2.5bn offer in the wake of Hindenburg’s first set of allegations
More than 100 countries, such as China, India, Brazil, and South Africa, face serious obstacles that could hinder their efforts to become high-income countries in the next few decades, reveals World Bank’s recent report
Last year, Gulf countries poured more than $53bn into projects on the continent, a considerably greater sum than the $10bn investment from the US over the same period
The US has an estimated 30,000 to 45,000 military troops stationed across the Middle East, spread over more than a dozen countries
The completion of this transaction is pending customary regulatory approvals and is anticipated to take place in Q1-Q2 2025
Many airlines, globally, are revising their schedules to avoid Iranian and Lebanese airspace while also calling off flights to Israel and Lebanon
Currently available in Egypt and Kuwait, and soon to be launched in the UAE, EFG Hermes ONE grants users access to 35 global markets through OLT
Lebanon’s multiple crises include a contracting economy, lack of governance and tensions in the region causing an influx of refugees
The increase in visa applications coincides with the peak travel season, influenced by favourable European weather and major events such as the 2024 Paris Olympics
Google paid $26.3bn in 2021 to maintain search engine dominance, the judge noted
All three major indexes registered their biggest three-day percentage declines since June 2022
What began as a student-led protest against civil service job quotas has now evolved into a broader anti-government movement in Bangladesh
The scale of losses on Japan’s Nikkei had not been seen since the global financial crisis
France, Italy, Australia and Canada have joined the US and the UK, in issuing evacuation orders for their citizens in Lebanon
The combination of bearish and bullish factors for gold may end up having the effect of keeping the price in a relatively narrow range for the rest of the year
There are more than 50 million Instagram users in the country
A manufacturing report spooked investors, sparking broad risk-off moves across markets
US Federal Reserve chairman Jerome Powell on Wednesday said “there was a growing sense of confidence” the central bank could cut rates in September
Boeing has tapped 64-year old Ortberg, who has over 35 years of aerospace leadership experience, to turn things around
Mubadala and Trafigura are looking to sell the port terminal Porto Sudeste, in Rio de Janeiro state, say reports
Adani Energy, a power transmission and distribution company, raised funds through a Qualified Institutional Placement
The company, which has witnessed substantial growth since its inception, serves over 188,000 retailers across 17 Egyptian cities
The surge in gold demand was primarily supported by a significant 53 per cent increase in over-the-counter transactions, which reached 329 tonnes
The US, UK and France are among countries who have issued an urgent travel advisory asking their citizens to avoid travel to Lebanon
The UAE’s CEPA programme aims to increase the country’s non-oil foreign trade to Dhs4tn by expanding relations with strategically important markets around the world
The country’s external debt fell to $154 billion as of the end of May from $168bn at the end of December
Brazil’s Mines and Energy Minister Alexandre Silveira said Petrobras will only enter into an agreement if the buyback is “economically viable”
The company plans to integrate the best features from the search tool into ChatGPT in the future
Investors from the Middle East bring cash and expertise to such projects
Trains from Paris to neighbouring Belgium and to London via the English Channel were disrupted