Reuters

Manufacturing

07 May, 2024

ADNOC scraps talks to buy stake in Brazil's Braskem

Abu Dhabi National Oil Company (ADNOC) has terminated talks to buy a controlling stake in Braskem, the Brazilian petrochemical producer ......

Finance

07 May, 2024

Fairfax-backed IIFL Finance faces liquidity crunch after RBI curbs

India's IIFL Finance is facing a liquidity crunch as banks have turned cautious while lending to it following a clampdown ......

Finance

06 May, 2024

Abu Dhabi's IHC to hold buyback of up to $1.36 bn

International Holding Company (IHC), Abu Dhabi's largest listed company, said on Monday it would buy back up to 5 billion ......

Infrastructure

06 May, 2024

Shell in talks to sell its Malaysia fuel stations to Aramco

Energy giant Shell is in talks with Saudi Arabia's state-owned Saudi Aramco to sell its gas station business in Malaysia, ......

Finance

03 May, 2024

Sensex, Nifty end lower on Friday, capping gains for the week

Indian shares dropped on Friday, as profit booking emerged after the Nifty 50 scaled a record high, trimming weekly gains ......

General

03 May, 2024

SEBI sends notices to seven Adani companies citing regulatory violations

India's markets regulator has sent notices of regulatory violations to seven companies of the Adani conglomerate, including its flagship Adani ......

Economy

02 May, 2024

Qatar economy grew 1.2% year on year in Q3 2023

The Gulf state of Qatar's real gross domestic product (GDP) increased 1.2% year on year in the third quarter of ......

Finance

02 May, 2024

Aramco chief's election as BlackRock director faces opposition from pension fund

A pension fund for New York City employees urged BlackRock's shareholders to vote against the election of Saudi Aramco's chief ......

Finance

02 May, 2024

Janus Henderson buys of Kuwaiti bank's alternative investment business in Mideast foray

Global asset manager Janus Henderson plans to buy National Bank of Kuwait's alternative investments business in a deal that is ......

TMT

02 May, 2024

Abu Dhabi AI company Presight takes majority stake in tech venture AIQ

Artificial intelligence company Presight AI Holding has acquired a majority stake in AIQ, a technology joint venture between Abu Dhabi ......