Tag: News

Business

IHC announces formation of global trading and trade facilitation conglomerate

the financial -
International Holding Company, the Abu Dhabi-based conglomerate, has formed Rorix Holdings, a global finance and trade facilitation company focused on financial services, trade finance,...
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GCC markets accounted for 53.9% of Dubai Chamber of Commerce members’

the financial -
- GCC markets accounted for 53.9% of Dubai Chamber of Commerce members' exports and re-exports during H1 2024 and top list of export destinations...
Economy

ITFC Provides US$10 Million in Trade Finance to Uganda Development Bank

the financial -
The International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank (IsDB) Group, has extended a $10 million trade finance line...
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GCC investors expected to spend more than $4 billion in UK commercial property market annually

the financial -
Investment into UK commercial property by Gulf investors is expected to grow to more than $4 billion (£3.1 billion) annually, according to new research...
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Indian rupee drops to lifetime low on outflow worries

the financial -
The Indian rupee fell to an all-time low at the open on Monday, on worries that the risk off prompted by US recession worries...
Business

DAE Announces Financial Results for the Six Months Ended June 30, 2024

the financial -
Selected Business and Operating Highlights: • Unsecured credit ratings upgraded to Baa2 by Moody’s and to BBB by Fitch Ratings • Number of aircraft acquired: 10...
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Central banks are turning the ship, but their path is unclear

the financial -
Decisions by major central banks this week brought the end of pandemic-era monetary policy into closer view, but also highlighted how long the road...
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World stocks turn lower as US data sparks worry, yields rise

the financial -
Global equities turned lower on Thursday as U.S. manufacturing data dragged and financial stocks in Europe saw their biggest one-day rout since March 2023. Treasury...
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50 Billion In Economic Power: Arab Women Are Rewriting the Startup Rules in the Gulf

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How Finhaat Is Bringing Insurance And Wealth Creation To India’s Rural & Semi-Urban Markets

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UAE shares end higher as outcome of US-China trade talks awaited

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LONDON: Stock markets in the UAE ended higher on Monday,...
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Porter’s 10-Year Grind: From Intracity To An INR 2.8K Cr Pan-India Logistics Business

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SUMMARY Porter was among the first movers in the hyperlocal...
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How Snitch Stitched An INR 500 Cr Revenue Run In 5 Years

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SUMMARY Founded in 2019, Snitch is a men-focussed fast-fashion brand...

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