Globally, 235 IPOs raised $28.5bn in Q1 2020, compared to $15.1bn in Q1 2019
Ashok Aram, who also heads the firm’s international private and commercial bank operations, is departing for personal reasons
Futures dropped 1.9 per cent in New York, erasing almost all of the gains from the previous session
The acquisition of a 100 million shares is worth around Dhs900m
According to the CEO, Careem has ruled out further job cuts after reducing staff by 31 per cent in May
Google has alerted the respective campaigns and law enforcement agencies
Wahed Invest got the financing from Saudi Aramco Entrepreneurship Ventures unit as part of a $25m funding round
In this year’s Forbes list of the Middle East’s Top 100 Companies 2020, Saudi Arabia led the pack with 33 entries
The company says that it has done so to offer security officials the option to intercept calls if the service is being used for illegal purposes
All the member nations signed off on a new deal for a production cut of 9.6 million barrels a day next month
The consulate added that the storm, accompanied by heavy winds and rain, is expected on Saturday evening or Sunday morning
The class action lawsuit demands damages of at least $5,000 for each person affected by Google Chrome’s privacy policy
Following a pandemic-driven plunge, non-oil private sector activity improved in Saudi Arabia, Egypt and the United Arab Emirates
Nearly all the major phone manufacturers, except Xiaomi, recorded declining sales
The cybersecurity firm’s endpoint protection platform will help secure the carmaker’s manufacturing, headquarters, supply chain, and field offices
In the wake of the pandemic, public and private power companies in the MENA region need to adjust their strategies
Women’s wealth in the UAE and Saudi Arabia amounts to $103bn and $224bn respectively
The cloud gaming service is attempting to attract a wider subscriber base by way of these free games
Protests have erupted across several cities in the US following the death of 46-year-old George Floyd in Minneapolis last week
Reward points can be exchanged for cash which will be deposited into the customer’s Samsung Money by SoFi account
The manufacturer is rolling out more than a dozen initiatives aimed at improving safety and quality on its 737 assembly lines
A four-year plan calls for production to be cut by 20 per cent to about 5.4 million vehicles a year
Oil is still up almost 70 per cent this month as supply curbs trim a global glut and pockets of demand emerged after the easing of lockdown restrictions
Eligible businesses such as hotels, restaurants, airlines, cruise lines, tour operators, restaurants, outdoor shopping, transportation and airports, will be able to use the stamp once the health and hygiene protocols have been implemented
In total, governments have committed to $123bn in financial aid to airlines
Honor phones earlier relied on Huawei Kirin processors
Shrapnel from the missile attack wounded the three women and damaged one house
A proposed new law will require companies listed on American stock exchanges to demonstrate that they are not owned or controlled by a foreign government
Producers have lowered global oil supply by around 14-15 million barrels a day
Across the world, governments have urged people to pray at home or follow strict social distancing measures due to Covid-19