Leading stories of the day
The initial public offering (IPO) of NMDC Energy has captured significant investor interest, with subscriptions exceeding the offered shares within hours of its opening. The company, a subsidiary of NMDC Ltd., set its price…
Invictus Investment, a company listed on the Abu Dhabi Securities Exchange (ADX), is significantly strengthening its foothold in Africa through the…
Passengers of SpiceJet, India's budget airline, faced an unexpected hurdle at Dubai International Airport after being denied check-in due to unpaid…
The UAE-based NMDC Group is preparing for what is set to be the country’s largest initial public offering (IPO) of the…
Dubai Aerospace Enterprise (DAE) has finalized a significant acquisition agreement to purchase 23 new aircraft for $1.1 billion. This strategic move…
Dubai and Abu Dhabi have risen to prominence as premier destinations for executive digital nomads, according to the latest Savills Executive…
Nasdaq is making strides toward expanding its financial offerings by seeking approval from the U.S. Securities and Exchange Commission (SEC) for…
Abu Dhabi Investment Authority (ADIA), the sovereign wealth fund of Abu Dhabi, has further expanded its presence in India's renewable energy…
The United Arab Emirates has intensified its scrutiny of the legal battle surrounding Pavel Durov, the founder of the messaging app…
A groundbreaking joint venture between Marlan Space, a subsidiary of International Holding Company (IHC), and U.S.-based Loft Orbital marks a significant…
Bank of Singapore, one of Asia's leading private banks, is setting its sights on the Middle East as a key growth…
Tether, a leading issuer of stablecoins, announced its plans to introduce a new digital currency pegged to the United Arab Emirates…
Dar Global, a luxury property developer listed on the London Stock Exchange, has engaged Rothschild & Co to explore growth opportunities…
Businesses in the Middle East are grappling with a significant liquidity issue, with over $50 billion reportedly trapped in their operations,…
Dubai’s healthcare sector is garnering increased global recognition for its quality and specialized services, according to a new report from the…
Finance House, listed on the Abu Dhabi Securities Exchange (ADX), has successfully repurchased 10% of its subscribed capital, equating to over…
The Saudi Public Investment Fund (PIF) has achieved notable financial gains following a global market upswing, significantly boosting its returns. This…
Criterion Capital has announced a significant financial milestone with the successful acquisition of $32.3 million in funding from Bank of London…
ENBD REIT has announced a significant strategy shift aimed at rebalancing its portfolio following a comprehensive turnaround plan. This move is…
A Dubai court has set a precedent by recognizing cryptocurrency as a legitimate form of salary payment, marking a significant shift…
Dubai is increasingly becoming a strategic hub for Chinese businesses aiming to expand their international presence. This shift reflects broader trends…
India's central bank, the Reserve Bank of India (RBI), is encouraging domestic banks to accelerate efforts to facilitate direct trade settlements…
Dubai-based logistics giant DP World reported a significant decline in net profit for the first half of the year, attributing the…
Negotiations are underway between Emirates NBD and a major Japanese bank to secure a substantial stake in India’s Yes Bank, according…
Goldman Sachs has become the first Wall Street bank to secure a license for a regional headquarters in Riyadh, marking a…
Fines up to Dh1 million have been introduced by the UAE Government following amendments to the Federal Decree-Law on the Regulation…
A newly unveiled fake cricket league has ignited a surge in online betting, capturing the attention of gamblers across various platforms.…
The imposition of gambling taxes worldwide has generated significant economic impact, reflecting broader trends in regulatory measures across various regions. As…
