Articles
IMF and Jordan reach preliminary agreement that boosts aid to $2bn
Kingdom's Covid recovery continues to build momentum, with growth expected at 2.7 per cent this year
Estee Lauder buys luxury brand Tom Ford for $2.8bn
Ermenegildo Zegna and Marcolin enter long-term licence agreements for fashion and eyewear as part of deal
TotalEnergies to start exploration on Block 9 after Israel-Lebanon maritime accord
French oil company will work with Italy's Eni to mobilise teams and procure drilling rig
Empower shares surge on Dubai Financial Market debut
Company is the fourth listing on the DFM this year after raising over $$724m in its initial public offering
Estee Lauder close to acquiring Tom Ford for $2.8bn
The deal will be the biggest in the luxury fashion and cosmetics industry
Adnoc Distribution's third-quarter net profit surges 45% on revenue boost
Growth in company's fuel volumes and non-fuel business boosts income
Taaleem sets IPO share price range as subscription begins
Company may have a market of value of $817m at the time of listing on November 29
Empower IPO: district cooling company raises $724m from oversubscribed offering
Company will start trading on the Dubai Financial Market on November 15 with a market value of $3.6bn
Meta to cut 11,000 jobs as revenue decline bites, Mark Zuckerberg says
Company's share price has fallen 72 per cent since the start of the year
Dubai's companies increase hiring at fastest pace in three years
Increase in recruitment signals a robust degree of expansion
Empower IPO retail offering tripled due to strong demand
The qualified investor tranche offering has been reduced
Dubai's Nakheel secures $4.6bn to fund expansion
Developer signs agreements with Mashreq Bank, Dubai Islamic Bank and Emirates NBD for refinancing and additional funds to support Dubai Islands and other waterfront projects
Abu Dhabi's Chimera and Alpha Wave roll out $2bn private credit fund
Alpha Wave Private Credit fund focuses on the US, UK, EU, Canada and Australia
GCC central banks raise interest rates after Fed's fourth 75 bps increase
The US regulator raised its key policy rate for the sixth time this year as it aims to fight inflation, which is at a four-decade high
Elon Musk said to lay off workers across Twitter
Firings could take place before November 1, when employees of the social media company are set to receive stock grants
