International Holding Company (IHC), the global diversified Abu Dhabi-based conglomerate, has approved a share buyback program totalling up to $1.36 billion. The rationale Read More
GlobalFoundries Announce Pricing of $950 Million Secondary Offering of Ordinary Shares
GlobalFoundries Inc., one of the world’s leading semiconductor manufacturers, has announced the pricing of a secondary public offering of $950 million of Read More
HNWIs Ready to Spend $4.4 Billion Dubai Residential Real Estate
High-net-worth-individuals (HNWIs) around the world are prepared to spend $4.4 billion on residential real estate in Dubai, according to global property consultancy, Knight Read More
The UAE-listed banks recorded the highest deposit growth in the first quarter of 2024 among the GCC banks, which grew by 5.6% y-o-y to $803.2 Read More
Microsoft and G42 Announce $1 Billion Digital Investments in Kenya
The US tech giant Microsoft and G42, Abu Dhabi-based unique technology group, on Wednesday announced a comprehensive package of digital investments in Read More
The state-owned Abu Dhabi National Oil Company (ADNOC) has announced plans to offer a 5.5% stake (or 880 million shares) in its drilling unit, Read More
Greenfield Investments Valued $1.3 Trillion Announced Globally in 2023
Foreign companies announced more than 16,400 FDI projects in 2023, according to fDi Markets, the greenfield investment monitor of the London-based Financial Times. These Read More
Sensing an opportunity in real estate credit driven by major dislocations in real estate markets globally and also looking at alternative lending Read More
Abu Dhabi National Energy Company (TAQA), one of the largest listed integrated utilities in Europe, the Middle East and Africa (EMEA), on Read More
Emirates Launches Operations with SAF at London Heathrow Airport
Emirates Airline, Dubai’s national carrier, on Wednesday took delivery of sustainable aviation fuel (SAF) from Shell Aviation at London Heathrow Airport. Read More
