BusinessLatest Business and Company Updates
EU Approves e& Group’s Acquisition of Czech Telecom Assets
Approval has been granted by the European Union for e& Group, a telecommunications conglomerate based in the UAE, to acquire the telecom assets of Czech investment group PPF. This decision marks a significant step in e& Group's strategy to expand its footprint in Central and Eastern Europe, following similar acquisitions
Region
Heat Wave Puts US Power Grid Under Severe Strain
Soaring temperatures across the Mid-Atlantic and Midwest regions of the United States are placing unprecedented pressure on the country’s largest power grid, prompting concerns over potential outages and the grid's ability to meet the surging demand. As millions of Americans
Qlub Secures $30 Million To Expand Globally
Fintech firm Qlub has raised $30 million in a funding round aimed at accelerating its global expansion and deepening its technological capabilities. The Dubai-based startup, known for digitising the dining experience, has drawn strong investor interest as it scales operations
Arqaam Capital Intensifies ECM and DCM Push Amid Gulf Deal Boom
Arqaam Capital is stepping up its equity capital markets, debt capital markets, and loan syndication operations in response to an upswing in transaction volume across Saudi Arabia and the UAE, positioning itself as a more prominent regional player.The Dubai‑based financial