SAMSUNG SDI on Friday announced in a bourse filing that it will commence a rights offering to raise an estimated capital of $1.38 Read More
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Business
Companies
Debt
Divestments
Real Estate
World
Sth Bnk to Sell Southbank site to Repay Creditors
Developers of the Melbourne-based Sth Bnk, the Australia’s biggest mixed-used residential project, has sought permission to go ahead with the sale Read More
Banking
Companies
Dividends
Earnings
Islamic Bank
Regional
Dubai Islamic Bank to Distribute 45% Dividend for 2024
Marking a 16% y-o-y growth, Dubai Islamic Bank (DIB) Group on Friday reported a total income of $6.34 billion while pre-tax profit surged to Read More
Business
Companies
Mergers and Acquisitions
Regional
GULFNAV Shareholders Okay Acquisition of Brooge Energy
Gulf Navigation Holding, the Dubai Financial Market listed maritime and shipping company, has announced that its shareholders have approved the strategic acquisition Read More
Reporting 17% percent growth in new business value in 2024, the AIA Group, a Hong Kong–based multinational insurance and finance corporation, on Friday Read More
Global luxury house prices rose 3.6% through 2024, marginally up on the 3.3% seen in 2023 but still lagging the long‑run trend of 4.5% seen over Read More
Business
Companies
Data Centres
Investments
World
Azora to Invest $2.17 Billion In Zarazoga data Centre in Spain
Azora, a leading international alternative investment management platform, through its subsidiary platform, Tillion Data Centres, on Thursday said that it will be Read More
Finance
blockchain
Companies
Crypto
Investments
Regional
World
Abu Dhabi-based MGX Invests $2 Billion in Binance
MGX, the Abu Dhabi-based AI and advanced technology investor, on Wednesday has entered the cryptocurrency and blockchain sectors by announcing a $2 billion Read More
