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Hong Kong Markets Bounce Back as China’s Biggest Pharma Aims for 1.27 Billion IPO

Saudi Aramco Bets on US Gas with NextDecade, Sempra Deals for 6.2m Tonnes of LNG

Gulf Logistics Industry to Make Serious Changes for the New Carbon Neutral Goals

BRICS Summit 2023: 5 Items On the Agenda to Look Out For

Rahil MAugust 18, 20230434 views

The BRICS Summit is scheduled for August 22-24. Johannesburg, South Africa, is set to host a significant gathering next week as leaders from the BRICS group of nations, along with…

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Dubai’s Journey to Becoming the Smartest City

Rahil MAugust 17, 20230416 views

Driving this vision forward is the Dubai Electricity and Water Authority (DEWA), a key governmental entity that has been at the forefront of delivering exceptional smart services since the inception…

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Global Wealth Faces First Decline Since 2008 Financial Crisis

Rahil MAugust 16, 20230517 views

Credit Suisse and UBS Jointly Release 2022 Global Wealth Report Global wealth experienced an unprecedented decline of 2.4% in 2022, marking the first decrease since the 2008 financial crisis. The…

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SoftBank in Talks to Acquire Remaining Stake in Arm Ltd from Vision Fund 1

Rahil MAugust 14, 20230386 views

Arm’s upcoming IPO holds promise not only for VF1 but also for SoftBank. SoftBank Group Corp is reportedly in discussions to acquire the remaining 25% stake in Arm Ltd that…

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Communication Violations Lead to Fines Exceeding $2.5 Billion for Wells Fargo and BNP Paribas

Rahil MAugust 9, 20230583 views

Wells Fargo & Co. and BNP Paribas SA are set to face substantial penalties, collectively amounting to hundreds of millions of dollars, due to their employees’ use of unofficial communication…

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Saudi Aramco Increases Dividend by Over Half, Boosting Government Revenue to a total of $29.4 Billion

Rahil MAugust 8, 20230472 views

Saudi Aramco’s decision to increase dividends follows a similar trend among oil producers. Saudi Aramco, the state-owned oil giant, has announced a substantial increase in dividends to both investors and…

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India’s Gold Appetite Affected Due to Elevated Prices and Evolving Investments

Rahil MAugust 7, 20230499 views

Gold prices in India are currently hovering around 61,000 rupees ($737.75) per 10 grams (0.35 ounces) in Mumbai. This is a notable increase from the roughly 53,000 rupees observed a…

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Fitch downgrades US ratings over rising debt and it is affecting the global markets

Rahil MAugust 4, 20230393 views

Fitch’s move was not completely unpredictable and it comes after warnings of a possible downgrade in May Fitch, the top rating agency downgraded the United States credit ratings citing a…

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Mongolia to Strengthen Rare Earth Mining Cooperation with Washington

Rahil MAugust 3, 20230412 views

The Mongolian Prime Minister’s visit resulted in fruitful discussions with Vice President Kamala Harris, culminating in the agreement to sign an “Open Skies” civil aviation agreement, paving the way for…

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The Changing Landscape of Commercial Real Estate Investments

Rahil MAugust 2, 20230458 views

Commercial real estate investors and lenders face uncertain future amid changing work and shopping habits Commercial real estate investors and lenders are grappling with a challenging question: If post-pandemic work…

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