The UAE has concluded negotiations for another comprehensive economic partnership agreement (CEPA) on Wednesday, this time with the Eurasian Economic Union (EAEU), Read More
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Banks
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Nykredit Offers $3.5 Billion to Buy Spar Nord Bank
Denmark’s Nykredit Realkredit and Spar Nord Bank have signed an agreement, under which Nykredit has offered to acquire all shares in Read More
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sovereign wealth funds
PIF Launches New Hospitality Firm to Meet Tourist Demand
As Saudi Arabia’s tourism sector expected to witness rapid growth in the coming years and over 80 internationally reputed hotels coming up Read More
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Mergers and Acquisitions
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US Courts Block $24.6 Billion Albertsons-Kroger Merger Deal
The proposed merger of two US grocery companies – Kroger and Albertsons – which was announced in October 2022 for $24.6 billion, suffered a setback on Read More
Asian Development Bank
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Trump’s New US Policies May Impact APAC’s Long Term Outlook
Asia and the Pacific’s economic growth will remain steady this year and next, but the expected US policy changes under the Read More
For the first time, low-carbon renewables such as wind, solar, and hydropower are set to generate more electricity than fossil fuels, with Read More
Parkin, the largest provider of paid public parking facilities and services in Dubai, has signed a Memorandum of Understanding with Dubai Endowments Read More
