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Nasdaq Dubai welcomes $500 million Sustainability Sukuk by Kuwait’s Warba Bank

12 Aug 2024

Nasdaq Dubai has welcomed the listing of US$500 million Sustainable trust certificates issued by Warba Bank, a Kuwaiti Islamic Bank. This is the fourth listing under their $2 billion trust...

US to resume shipping 500-pound bombs to Israel

11 Jul 2024

President Joe Biden's administration will resume shipping 500-pound bombs to Israel but will continue to hold back on supplying 2,000-pound bombs over concerns about their use in densely populated Gaza,...

Stem cell revolution begins in Dubai to boost medical tourism

18 Dec 2023

Sajjad Ahmad, Deputy Business Editor The global medical tourism industry is growing rapidly as worldwide spending in the sector was recorded around $4.7 billion in the 2023...

Biden, Modi to announce rail and shipping project to link India to Middle East and Europe

09 Sep 2023

President Joe Biden and his allies plan to roll out plans on Saturday for a shipping corridor that would connect India with the Middle East and ultimately Europe — a...

Emirates to launch first A380 service to Bali

24 Mar 2023

Emirates, the world’s largest international airline, will deploy its signature A380 aircraft to Bali starting from 1st June 2023, marking a milestone in Indonesia’s aviation history as the first scheduled...

Multiply Group reports Dhs9.29b net profit for Q3 of 2022

28 Oct 2022

Multiply Group, an Abu Dhabi-based investment holding company, reported Dhs9.29 billion in net profit for the third quarter of 2022 as it continued to deliver strong performance across its investments...

Swedish rate hike jolts stocks as Wall Street awaits Fed meet

20 Sep 2022

Stocks fell on Tuesday ahead of more interest rate increases from central banks to cool decades-high inflation, with Sweden leading a round of anticipated hefty hikes from its US, Swiss...

Stocks waver as investors brace for Fed tightening

07 Apr 2022

US and European stocks fluctuated on Thursday after minutes from central banks showed US policymakers ready to aggressively wind back easy-money policies while their eurozone counterparts disagreed over their own...

Amazon files lawsuit against Microsoft over Pentagon contract

23 Jan 2020

Amazon.com Inc on Wednesday said it filed a motion to pause the US Department of Defense and Microsoft Corp from carrying out an up to $10 billion cloud computing deal...

Gwadar Port begins handling of Afghanistan’s transit cargo

16 Jan 2020

Pakistan’s newly opened southwestern Gwadar seaport has begun handling transit cargo headed to and from landlocked Afghanistan, marking a significant outcome of Islamabad’s multi-billion-dollar collaboration with China, reports said on...

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