Tag: News

BNP Paribas in talks to buy AXA Investment Managers for 5.1 billion euros

BNP Paribas is in exclusive talks with French insurer AXA to buy 100% of its AXA Investment Managers arm at an agreed price of...

OIC General Secretariat Holds Meeting of Standing Finance Committee

The General Secretariat of the Organization of Islamic Cooperation (OIC) has held a meeting of the Standing Finance Committee today at its headquarters in...

Riot Platforms Reports Q2 Loss After Bitcoin Halving

Bitcoin mining firm Riot Platforms reports a total revenue of $70.0 million from the $76.7 million recorded in the same period last year. The drop is...

UAE Central Bank follows US Fed move, holds rates at 5.4%

The Central Bank of the UAE (CBUAE) has decided to maintain the Base Rate applicable to the Overnight Deposit Facility (ODF) at 5.40%. This decision...

NRIs face tax burden when they sell assets in India

Question: Will the budget proposals introduced last week have any impact on non-resident Indians? I believe some amendments have been made to the capital...

Samsung electronics Q2 shows fastest growth in over a decade

Samsung Electronics Wednesday reported its fastest growth since 2010, with operating profits soaring for the second quarter, as chip prices bounce back and demand...

Indian startup Byju’s nears settlement in cricket board dispute, sources say

Education technology company Byju's is close to settling a $19 million payments dispute with the Indian cricket board, which could free the business from...

Titan Wealth makes Dubai foray with AHR acquisition

Titan Wealth, the private equity backed investment management and financial advice firm, is making a strategic foray into the UAE market with the acquisition...

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50 Billion In Economic Power: Arab Women Are Rewriting the Startup Rules in the Gulf

Across the Gulf, a powerful wave of women entrepreneurs...

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

SUMMARY Despite being one of the most promising markets, India’s...

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

LONDON: Stock markets in the UAE ended higher on Monday,...

Porter’s 10-Year Grind: From Intracity To An INR 2.8K Cr Pan-India Logistics Business

SUMMARY Porter was among the first movers in the hyperlocal...

How Snitch Stitched An INR 500 Cr Revenue Run In 5 Years

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