Latest News
Amazon to close domestic marketplace business in China
Pinterest prices IPO at $19 per share
Google steps us security checks on new app developers
KawiSafi Ventures brings new energy solutions to Africa
Ericsson profit exceeds forecasts for fifth straight quarter
Ending the bungling: South Africa fund PIC seeks Bungane as CEO
Africa’s biggest asset manager seeks new head to set house in order
Private wealth in Dubai to surge as city attracts 1,000 global HNWIs
UAE ranked fifth in top global destinations for millionaires in 2018
Economy
April 18, 2019
UK shoppers keep economy afloat as businessmen cut investments
Retail sales volume rose 6.7% year-on-year in March boosting the sluggish UK economy
April 18, 2019
Ending the bungling: South Africa fund PIC seeks Bungane as CEO
Africa’s biggest asset manager seeks new head to set house in order
April 18, 2019
Private wealth in Dubai to surge as city attracts 1,000 global HNWIs
UAE ranked fifth in top global destinations for millionaires in 2018
April 18, 2019
UK shoppers keep economy afloat as businessmen cut investments
Retail sales volume rose 6.7% year-on-year in March boosting the sluggish UK economy
April 18, 2019
Pinterest valuation exceeds expectations, lifting tech gloom after Lyft IPO
The company raised around $1.4 billion at a $12.7 billion valuation, and will start trading on the NYSE today
April 18, 2019
Dubai, Hong Kong sign deal to boost Islamic economy in Far East
The agreement also proposes to recognise best practices in developing Islamic finance and halal trade
April 18, 2019
Crédit Agricole, Santander take innovative route to M&A for cost savings
The combined operations will have assets worth €3.34 trillion and €1.83 trillion, under custody and administration respectively
April 17, 2019
Emirates NBD predicts higher economic activity in 2019, starts CFO hunt
The profit at Dubai’s largest lender rose 15% to $735 million in Q1 2019
April 17, 2019
Moody’s warns South Africa’s rising debt impacts investment grade
The country’s debt from state-owned enterprises could hit 65% of its overall GDP by 2023
April 17, 2019
Qualcomm Settlement sets Apple on faster path to 5G iPhones
Qualcomm’s dispute settlement involves a six-year patent license and a payment from Apple to Qualcomm
April 17, 2019
Italy’s UniCredit to pay $1.3 bn to settle US Iran sanctions violation
UniCredit and two of its banking units plead guilty to illegal funds transfer
April 17, 2019
Arabian Centres IPO: Stake worth $1 bn offered to foreign, Saudi investors
Retail investors can pick up the shares remaining after institutional investors take theirs
April 16, 2019
Mohammad Alabbar quits Aramex board citing ‘personal reasons’
Founder Fadi Ghandour and Facebook regional MD Ramez Shehadi remain on the board
April 16, 2019
Hulu buys out AT&T’s 9.5% stake in it for $1.43 billion
Co-owner Disney might plan to roll out Hulu globally after AT&T's exit
April 16, 2019
UK ranks top on global investor appeal, despite Brexit uncertainty: EY
The biannual EY survey on potential M&A activity queried 2,900-plus senior executives worldwide
April 16, 2019
Saudi Aramco boosts presence in Asian refining with Hyundai Oilbank stake
The Saudi oil giant will take a 17% stake for $1.25 billion in the South Korean refining company
