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ABU DHABI: The IPO market in the Middle East and North Africa (MENA) region remained resilient during the second quarter of this year, with 14 IPOs registering total proceeds of US$2.64 billion, up 45.3 percent compared to the same period last year.
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DUBAI: The Board of Directors of Salik Company PJSC (Salik), Dubai’s exclusive tollgate operator, chaired by Mattar Al Tayer, Chairman of the Board, today announced the Company’s financial results for Q2 2024 and H1 2024, generating a net profit after…
BEIJING: China’s central bank conducted 385.7 billion yuan (about US$53.96 billion) of seven-day reverse repos at an interest rate of 1.7 percent Tuesday.
Xinhua News Agency quoted a statement from the People’s Bank of China as saying that the move a…
The dollar stabilized on Monday as traders awaited US economic data to gauge its impact on the prospects of a larger-than-expected interest rate cut, while a rise in Japanese stocks helped stem losses from yen carry trades. The dollar index, which mea…
ABU DHABI: The IPO market in the Middle East and North Africa (MENA) region remained resilient during the second quarter of this year, with 14 IPOs registering total proceeds of US$2.64 billion, up 45.3 percent compared to the same period last year.
…
DUBAI: The Board of Directors of Salik Company PJSC (Salik), Dubai’s exclusive tollgate operator, chaired by Mattar Al Tayer, Chairman of the Board, today announced the Company’s financial results for Q2 2024 and H1 2024, generating a net profit after…
DUBAI: Emirates today announced plans to introduce its newly retrofitted Boeing 777s to two more cities – Zurich and Riyadh from 1st October 2024.
In a statement on Tuesday, the airline said it will also layer on refurbished B777s to Geneva and Bruss…
Japanese stocks rose Tuesday at the end of trading after returning from a long weekend, supported by the performance of the auto industry, technology, and financial sectors, against the backdrop of a weaker yen.
The Nikkei 225 surged at the end of th…
Abu Dhabi:The United Arab Emirates has extended its solidarity to Zimbabwe in the aftermath of a helicopter crash that caused