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Trump Lashes Out at Elon Musk and ‘Rotten’ Twitter Deal

Russia to block sale of foreign banks' Russian subsidiaries -Ifax cites finance ministry

Airbus loses bid to use French blocking law in Qatar row

Levi Strauss hikes dividend as second-quarter earnings exceed expectations

Delta to announce deal for 100 Boeing MAX 10 planes

Australia's ANZ offers to buy Suncorp Bank for US$3.4 billion

Fintech Amount, which was valued at $1B last year, lays off 18% of staff

Energy & Precious Metals - Weekly Review and Outlook

Analysis: Twitter has legal edge in deal dispute with Musk

U.S. Stocks Bounce as Investors Take in Fed's Rate Outlook

Easing rate-hike bets, bank earnings lift Wall Street

Funds in 'full capitulation' as they slash stock allocation, Bank of America poll says

Twitter misses earnings expectations, partially blames revenue drop on Elon Musk takeover bid

Why Amazon is buying a little-known medical provider for $3.9 billion

Goldman-backed digital bank Starling reports its first annual profit as other fintechs stumble

Engineer Sara Sabry to be first Egyptian to fly to space on Blue Origin flight

Thai Life shares weak in Southeast Asia's biggest IPO debut of 2022

Sustainable Aviation Fuel Market to grow at an astonishing CAGR of 60% during 2022-2032; inspired by new market opportunities

Investing in crypto-assets: How to limit the risk of being exposed to fraud

China Belt & Road spending dips in H1, with no investment in Russia

The best bear market plan? ‘Relentless optimism for the future,’ says fintech CEO

A weird economy may give way to recession or not

Logitech's quarterly profit slumps 38% as pandemic demand wanes

SK Group $22 bln U.S. investment to create secure supply chains -White House

American companies lose billions due to the dollar

Cryptoverse: What crisis? Venture capitalists bet big on crypto

Two European satellite companies are combining in a $3.4 billion deal to rival Elon Musk’s SpaceX

China Covid Cases Rise as Shenzhen Flareup Snares Top Firms

UPS beats profit estimates on higher-paying customers

GE posts higher earnings on recovery in aviation industry

McDonald's sales and profit top estimates on resilient fast-food demand

Coca-Cola raises annual revenue forecast on sustained soda demand

Grain trader ADM's profit jumps 74% on strong global demand

Raytheon misses revenue estimates hit by supply snag

Industrials 3M will spin off its health care business into a new public company

3M Announces Plans to Create Long Term Value Through Spin-Off of Health Care Business

ON24 Recognizes the B2B Companies Driving Innovation in Digital Engagement

India’s biggest spectrum auction begins; 5G airwaves worth Rs 4.3 lakh crore on offer

Graphic Packaging Holding Company Reports Second Quarter 2022 Results; Progress Toward Enhanced and Stronger Vision 2025 Goals Continues

Fed to unveil another big rate hike as signs of economic slowdown grow

First-half profit at packaging group Smurfit Kappa jumps 50%

Rio Tinto slashes dividend as profits take a hit; shares tumble

Puma raises full-year revenue outlook after solid Q2

Steel pipemaker Vallourec expects full-year core profit jump

Gartner forecasts chip sales growth to slow down in 2022, fall next year

Ukraine's Naftogaz stumbles into default amid new debt overhaul push

Euro zone business lending unexpectedly surges in June

Dutch telecom KPN ups 2022 targets saying it can limit inflation hit

Hilton raises 2022 profit forecast on strong travel demand

Company collapses continue in Australia’s “construction industry bloodbath”

Russia cuts gas flows further as Europe makes savings plea

Credit Suisse names new CEO to overhaul investment bank as losses mount

There is good news for the global economy

The Sherwin-Williams Company Reports 2022 Second Quarter Financial Results

EXCLUSIVE Illumina, Grail deal faces EU antitrust veto

U.S. goods trade deficit narrows sharply in June; inventories increase

Corporate America Embraces Short-Term IOUs as Free Money Ends

Joe Biden met with at least 14 of Hunter’s business associates while vice president

Washington Examiner: Democrats' small business surtax would crush Main Street’s recovery

This counts as good news for Boeing

Mastercard tops profit estimates on travel spending boom

Panasonic's Q1 profit hit by China lockdowns, rising material costs

U.S. Bancorp is fined $37.5 mln for opening sham accounts

Russians held around $14 billion in U.S. securities at the end of March, central bank says

S&P affirms Uniper's long-term credit rating in step towards bailout

Southern CEO Fanning to exit, hunt on for successor

Snowballing crisis at Evergrande, world's most indebted developer

Wood’s ARK fund on track for first monthly gain since Oct as risky stocks rally

StanChart cheers investors with $500 million share buyback, 19% profit jump

Spanish banks weigh impact of windfall tax, consider legal challenge

China probes officials, repays more depositors in Henan bank scandal

Crisis-hit Pakistan's army chief seeks U.S. help in quick release of IMF funds

Less long-dated debt and more bills likely in Treasury funding plans

Oil companies reap unprecedented profits as Americans struggle to pay for food and gas

Pakistan imports fall sharply in July, to help rupee stabilise – finance minister

Russia's Rosatom signs new construction contract for Turkish nuclear plant

Hungary narrows price-capped fuel scheme and raises windfall tax on MOL

Chinese developer Evergrande's unit ordered to pay out $1.1 billion

Pearson upgrades margin target as new strategy takes hold

HSBC rebuffs Ping An call for break-up, arguing it would be costly

Pakistan imports fall sharply in July, to help rupee stabilise

Chinese companies flock to Switzerland to raise money with new stock listings

China markets rise after private survey shows Chinese factory activity grew; HSBC shares up 5%

U.S. considers crackdown on memory chip makers in China

Russia says can't do much to help with Nord Stream gas pipeline repair

EXCLUSIVE Luxembourg banks told to freeze Ecuador assets amid Perenco dispute, documents show

China's CATL reshuffles management as billionaire executive exits

India's Zomato plans new management structure, with multiple CEOs -memo

Maersk lifts 2022 guidance as congested supply chain boosts rates

Gold Fields CEO: Shareholder buy-in for Yamana takeover is still 'work in progress'

DSM beats half-year sales estimates, raises climate targets

Mitsubishi UFJ profit dives on one-off losses linked to U.S. unit sale, Grab

Generali confirms targets as life business lifts profits

BP boosts dividend after profit hits 14-year high

DuPont quarterly profit beat estimates on strong electronics demand

U.S. crypto firm Nomad hit by $190 million theft

Italy faces shortfall of over $9 bln on energy windfall tax - document

EXCLUSIVE Siemens Gamesa weighs around 2,500 job cuts - sources

China’s economy could be dragged down by loss of confidence in property sector

Chinese developer Evergrande's unit ordered to pay out $1.1 billion

Vonovia to sell properties, consider new investors

Factbox: Economic sanctions China has imposed on Taiwan over Pelosi visit

Avast shares hit record high after $8.6 bln NortonLifeLock deal gets UK nod

JPMorgan, Bank of America invest in L'ATTITUDE Ventures' first fund

Buoyant Q2 and new targets help SocGen weather Russia blow

Commerzbank sees energy and growth 'clouds' after Q2 profit beat

Big Oil offers big returns but keeps spending tight

Tassat CEO Kevin Greene to Speak at the Sixth Annual Fintech Conference Hosted by the Federal Reserve Bank of Philadelphia

Russia says Gazprom needs documents to enable return of gas turbine

Consortium to buy S.Africa hospitals firm Mediclinic for $4.49 bln

Adecco Q2 revenue rises as hunt for skilled workers heats up

Chemicals group Lanxess' profit beats estimates on higher pricing

Rolls-Royce says it is managing inflation and supply chain disruption

Lufthansa sees return to full-year profit as travel picks up

Foreigners cut China debt, dump equities in July - IIF

UK outsourcer Serco raises dividend, profit forecast after robust H1

Nasdaq ends at three-month high as PayPal fuels optimism

Monte dei Paschi seals deal with unions over exit of 3,500 staff

Robinhood CEO rejects prospect of deal as shares trade higher on earnings

PPL beats estimates

SUN LIFE ANNOUNCES INTENTION TO SELL ITS UK BUSINESS

Insurtech investment drops by half in Q2-report

Zalando shares jump on return to profit in consumer gloom

Meta Platforms to make first-ever bond offering

Credit Agricole joins French rivals in upbeat Q2, shares jump

Conoco sweetens shareholder returns by $5 bln as profit jumps

Canopy shares plunge as pot producer posts another loss

Kuwait's Agility signs 1.4 billion euro facility with banks

Musk says Twitter deal should go ahead if it provides proof of real accounts

Berkshire Hathaway posts $43.8 billion loss as stock holdings tumble

Berkshire CEO-designate Abel sells stake in energy company he led for $870 million

Russian equities brace for selling pressure as fraction of foreign investors return

Top Indian lender SBI posts Q1 profit fall on investment book losses

Credit Suisse says it has no big exposure to Mexico's Credito Real

Japan's GPIF posts $28 billion first-quarter investment loss on market turbulence

Energy Transfer reports Louisiana natgas pipeline ruptured in July

Japan’s economy likely rebounded in second quarter with unleashing of consumers

India's newest budget carrier Akasa begins commercial operations

Musk challenges Twitter CEO to public debate on bots

French utility Veolia agrees to sell Suez UK assets to Macquarie for 2.4 bln euros

Richemont asks shareholders to vote against Bluebell's board candidate

PwC fined $2 mln over BT audit after fraud discovered in Italy

Siemens Energy warns of deeper net loss over Russia restructuring

SoftBank posts record $23 bln net loss on Vision Fund pain

Ukraine faces key test on debt freeze plan in bid to avoid messy default

European shares bounce back from U.S. jobs report hammering

Oil stays near multi-month lows on demand worries

Tata Motors to buy Ford India's manufacturing plant for $91 million

Explainer: What to watch out for as talks on U.S.-China audit deal drag on

Indonesia says Tesla strikes $5 billion deal to buy nickel products

Palantir forecast cut, surprise loss send shares down 15%

Qualcomm, GlobalFoundries sign pact to double chip manufacturing

Nvidia warns of lower second-quarter revenue on gaming weakness

Whirlpool to buy InSinkErator for $3 bln to beef up kitchen presence

Berkshire Hathaway boosts Occidental Petroleum stake above 20%

Cash withdrawals in the UK soar as Brits grapple with the rising cost of living

North Korea’s increasing use of crypto heists to fund nukes worries US

Warren Buffett's company lost $44 billion last quarter, but it's not really bad news

Bain & Company and Trinity Life Sciences announce strategic partnership

Nvidia stock tumbles after company says revenue fell way shy of expectations

Vista Equity Partners to acquire automated tax compliance company Avalara for $8.4B

Chipmaker Micron forecasts negative free cash flow for first quarter

SoftBank steps up asset sales from sinking portfolio

Michael Kors-owner beats quarterly estimates on resilient luxury demand

Japanese giant SoftBank dumps its entire stake in Uber as losses mount at its investment unit

Prudential says first-half profit up 8%; warns of persistent COVID woes

Meta raises $10 billion in first-ever bond offering

E.ON cuts value of Nord Stream 1 stake by more than half

China's Lenovo posts slowest revenue rise in 9 quarters on PC downturn

Demand for FX derivatives jumps as central banks prep rate rises- CME Group

AppLovin offers to buy video game software maker Unity in $17.5 bln deal

Aviva plans further capital return in boost to shares

Toshiba logs surprise quarterly operating loss as costs surge

Apple supplier Foxconn cautious on outlook as smartphone sales slow

German coalition quarrels over plan to help 'fragile' economy

Musk sells Tesla shares worth $6.9 billion, cites chance of forced Twitter deal

Nasdaq closes lower as chipmaker Micron's warning renews tech rout

TPG quarterly earnings more than triple on fee growth, asset sales

Brazilian broker XP's profit gains from higher assets under custody

Musk Sells $6.9 Billion of Tesla Stock

Inflows take sting out of M&G performance, shares rise

Yellen tells IRS not to increase middle-class audits if it gets more funding

Dutch insurer Aegon raises forecasts for capital, cashflow

EXCLUSIVE Freeport LNG retracts force majeure, widening losses for gas buyers - sources

Disney tops Netflix on streaming subscribers, sets higher prices

Musk seeks to question Twitter employees who count bots -source

Siemens' posts first quarterly loss in 12 years after writedowns hit Q3

Thyssenkrupp's Q3 operating profit nearly triples on steel price rebound

Cargill fiscal 2022 revenue jumps 23% to record $165 billion

Analysis: Antitrust rules, Petro-Canada profits may hinder Suncor from selling unit

Wall Street rally lifts Nasdaq 20% from low as inflation fears ebb

From Europe’s powerhouse to its weak link: Germany’s economy stutters

Starboard slashes stake in Kohl's after seeking to buy it in January

Higher financial income drives Colombia's Grupo SURA to 30.3% jump in Q2 profits

Saudi Aramco profit soars on higher prices and refining margins

Brazil's Cosan posts $25 million Q2 net loss

California governor proposes $1.4 billion loan to keep nuclear plant open

Speculators cut long U.S. dollar bets in latest week

Mexican Unifin's debt restructuring is negative for other financial companies, Moody's says

Huawei’s second quarter revenue rises slightly from a year ago

Celsius Creditors Move to Block Company From Selling Mined Bitcoin

China new bank loans tumble more than expected amid property jitters

Saudi Arabia's Kingdom Holding invests in Russian energy companies

Insurer Phoenix sees upbeat performance on demand, rate hikes

Turquoise Hill rejects Rio Tinto's $2.7 bln buyout offer

Are debt financings the new venture round for fintechs startups?

Explainer: What to watch out for as talks on U.S.-China audit deal drag on

EXCLUSIVE Kimmeridge builds stake in California Resources to push for changes-sources

More pain or rebound? Investors brace for retail earnings

Brazil's Vale fined $17 mln for Brumadinho tailings dam disaster

China pares back holdings of U.S. Treasuries for 7th month

Exclusive: Tencent plans to divest $24 billion Meituan stake

Saudi PIF buys shares in Alphabet, Zoom and Microsoft in U.S. shopping spree

Wall Street climbs, adding to recent gains as megacaps rise

Saudi Arabia's PIF, Cain invest $900 mln in hotelier Aman Group

Soaring coal prices lift BHP to highest profit in 11 years

Walmart sticks with second-half outlook after earnings beat expectations

Investors no longer 'apocalyptically bearish', BofA poll says

Poland's PKO BP Q2 net profit expected at 335 mln zlotys

Cloud hangs over U.S. chipmakers on worries data center growth could slow

Losses from crypto hacks surged 60% to $1.9 billion from January to July, Chainalysis says

Pummelled by gas crisis, Germany's Uniper posts $12.5 bln net loss

Norway's wealth fund loses $174 bln in first half of 2022

China's Tencent reports its first-ever revenue drop as regulations and COVID-19 bite

U.S., European banks could lose over $5 bln from risky buyout loans

Google invested a whopping $1.5B into blockchain companies since September

Russia sees 38% rise in energy export earnings this year - govt document

DP World cautions outlook uncertain after record first-half profit

Mubadala-backed AI firm G42 sets up $10 bln tech fund

Asia shares ease, dollar holds firm after Fed minutes

Stocks gain, shrugging off latest policymaker inflation concerns

Korea’s SK invests $100 million in EV-focused startup Atom Power

Russian mobile operator MTS reports 36% drop in Q2 net profit

Bank of England sets out plans to sell $23 bln corporate bond stockpile

U.S. dollar net longs rise; euro shorts hit biggest since February 2020

Gulf e-commerce company Noon to buy fashion venture Namshi

Vodafone to sell Hungarian business for $1.8 bln

Credit Suisse hires Deutsche's Joshi in leadership overhaul

Orban tightens hold over telco sector as Vodafone sells Hungarian unit

Aussie coal miners eye record profits, shareholder returns as prices surge

TotalEnergies and SSE Renewables' Seagreen wind farm up and running

FTSE 250 hits new one-month low ahead of economic data

China's JD.com beats quarterly revenue estimates

Macy's cuts full-year forecasts as inflation hits department store spending

Canada's Scotiabank profit rises on lending strength in international unit

Allianz in talks with banks for China asset management venture -sources

Indonesia bulls cheer better-late-than-never rate hike

France's Schneider considers full buyout of AVEVA

Energy stocks boost European shares ahead of ECB minutes; DAX jumps after GDP data

Thai lender SCBX scraps $500 mln acquisition of crypto exchange Bitkub

Australian BNPL firm Zip annual loss widens as inflation chokes

EGX Rises 1.8% and Gains EGP 10 Billion at Closing Week

Emaar Misr acquires 25% of Eagle Hills shares

Sinopec's interim profit soars on stronger oil, gas prices

The Egyptian Stock Exchange's main index fell 1.06% by the end of the week's session.

Central Egypt: Gulf deposits in the first quarter of 2022 reached $13 billion

Japan's Olympus to sell microscope unit to Bain for $3 bln

Uniper requests additional 4 bln euro credit facility

Saudi Fanar invests $3.5 billion to produce green hydrogen in Egypt

Saudi Arabia's central assets rise over SAR 2 trillion

The Kuwait Stock Exchange and the Saudi market are breaking the course of markets and closing higher.. Abu Dhabi Market Index declines by more than 1%

Cryptoverse: Bleeding bitcoin's holding out for a hero

Top China bank ICBC, world's largest, reports jump in property bad debt

Buffett's Berkshire sells 1.3 mln BYD H-shares for $47 mln - HKEX filing

The Rise of the Egyptian Stock Exchange indices by the conclusion of the midweek session

Saudi banks increase their personal loans 93.8 billion riyals since the beginning of 2022

U.S. regulators to vet Alibaba, JD.com, other Chinese firms' audits -sources

U.S. Treasury traders switch strategies as liquidity problems worsen

Rate fears knock stocks as Russia switches off gas tap

Zambia wins IMF board approval for $1.3 billion loan program

Inflation in Pakistan jumps to 47-year highs

Bitcoin, Ethereum Both Dropped Roughly 8% Over the Past Week

Russia is considering buying $70 billion worth of yuan and currencies of 'friendly' countries

UBS scraps $1.4 billion deal to buy Wealthfront

Transport group CMA CGM launches $1.5 bln energy fund

Germany plans 65 bln euro inflation-busting package -document

Germany's Scholz announces 65 bln euro inflation-busting package

Local and Arab purchases rise in EGX indices at the end and EGP 4.3 billion in market gains

Prices of digital currencies.. Bitcoin continues its losses and Ethereum leads the rise

Egypt's exports of engineering industries grew by 27% to record $ 2.1 billion in the first 7 months of 2022

China c.bank to cut FX reserve ratio to help limit yuan weakness

UniCredit to offer loans, debt holidays to help clients cope with energy crisis

Egypt's net foreign assets improve for the first time in 10 months

Germany heading for recession despite new relief plan - economists

Russia is considering a proposal to buy the Chinese yuan worth $ 4 billion per month

Credit Suisse sells trust business, seeking break with past

CVS to buy home health giant Signify Health for about $8 billion

Germany's BASF starts production at southern China mega complex

Britain's Lloyds racks up $350 million of likely scam COVID loans

Europe power firms need 1.5 trillion euros in margin calls, Equinor says

Ubisoft shares tumble as Tencent deal seen dampening buyout prospects

Murmurs of 'sterling crisis' no longer fanciful

China trade surplus with U.S. narrows to $36.77 bln in August

Walmart latest to tap bond market with $5 bln offerings

Decline of cryptocurrencies Bitcoin falls below $19,000

Egypt's Foreign Exchange Reserves Stabilize Amid Focus on IMF Deal

Sterling returns to the 1980s, and it may get cheaper still

China's BYD to start EV production in Thailand by 2024

The market capitalization of cryptocurrencies rises 6%. Ethereum climbs above $1600

Suez Canal Achieves $744.8 Million in August Revenue

EGX Indices Rise Collectively at the Conclusion of Weekend Session

Oil prices firm but economic slowdown worries weigh

Egypt's El Sewedy Electric signs 3 contracts to carry out works in Toshka worth EGP 2.2 billion

ECB governors see rising risk of rate hitting 2% to curb inflation

Bitcoin breaks the $20,000 barrier

Iraq's foreign exchange reserves rise to more than $85 billion

UK economy shows signs of strain from surging prices

Ethereum blockchain to undergo major upgrade to cut energy use

JPMorgan to boost payments business with Renovite purchase

The European Bank for Reconstruction pledges to circulate up to one billion renewable dollars in Egypt

Salik Investors' IPO for Traffic Tariff Begins on Tuesday

UBS to boost dividend, sees buybacks above 2022 target

JPMorgan upbeat on Greek banks, upgrades Piraeus to 'overweight'

Egypt aims to increase investments of foreign oil companies to $ 7.7 billion this fiscal year

In an important step.. Twitter shareholders agree to sell company to Musk

EGX main index fell 0.35% at the close of the midweek session

EU chief proposes crisis measures to curb energy price spike

UniCredit shareholders meet to approve latest buyback

Germany earns $760 million from selling its entire stake in Lufthansa

Declines in the cryptocurrency market after US inflation data and market capitalization at one trillion dollars

Gulf markets fall due to expectations of US interest rate hikes

Doo Group recorded a trading volume of $54.41 billion in August 2022

EU seeks $140 billion to insulate consumers from energy crisis

CVC selling Asian funeral business Nirvana, seeks as much as $2 billion

China announces new 200 billion yuan subsidies to encourage banks to lend to companies

FedEx warns of a global recession, cutting sales forecast by half a billion dollars

Tunisia expects deal on IMF loan in weeks, central-bank governor says

Tesla completes production capacity expansion at Shanghai plant

Volkswagen shares up slightly on Porsche's 70-75 bln euro valuation

Hermes Launches 'EFG Hermes One-on-One' Investment Conference in Dubai with the Participation of Representatives of 205 Companies

BIS backs "forceful" rate hikes despite rising recession risk

10-year yields highest since 2011 before expected Fed rate hike

Apple to raise App Store prices in some countries in Europe, Asia

After Merge, ether heads for a $20 billion Shanghai splurge

Digit Insurance IPO put on hold by Indian watchdog

China's Guoxuan High-tech unit eyes $3.6 bln Michigan plant, 2,000 jobs

Germany nationalises Uniper with $8 billion deal in dash to secure gas

Bitcoin stabilizes near $ 19 thousand ahead of US interest decision

The Egyptian Stock Exchange indexes fell at the close of Wednesday's session. Capital lost 1.4 billion pounds

Germany takes over Uniper, raising rescue bill to $29 billion

Accenture forecasts revenue below estimates on IT spending cut, higher dollar

China EV maker Leapmotor set to raise $800 million in Hong Kong IPO

Wall St Week Ahead Investors wonder when vicious sell-off in U.S. stocks will end

Courbit-led group offers 20 euros a share for M6 stake

Qatar Investment Authority launches new market making initiative

Bitcoin decline but still above $ 19 thousand

UK gilt prices rocket after Bank of England steps into market

Canada's Enbridge to sell stake in pipelines to Indigenous groups for $1.12 bln

U.S. goods trade deficit narrows in August as imports fall

Oil giant Shell snaps up African solar provider Daystar Power

Porsche makes steady start after bumper $72 bln listing

Bitcoin declines slightly despite other cryptocurrencies rising

Mashreqbank leads Dubai index higher, Abu Dhabi falls

Axa might invest at least $98 million in Italy's MPS

Shareholder, regulator pushback ended UBS-Wealthfront deal, SonntagsZeitung reports

Germany's RWE buys Con Edison renewable portfolio for $6.8 billion

India's Reliance Jio to launch 4G enabled low-cost laptop at $184

Utility Company Marafiq Plans To Offer 30% Of Its Shares In Saudi IPO

Credit Suisse shares drop on market jitters

Dubai bourse DFM to introduce changes to indices in Q4

Low cryptocurrencies.. But bitcoin is still above $ 19 thousand.

Germany's biggest power producer RWE to phase out coal by 2030

Stocks, sterling rally after UK's tax climbdown injects some confidence

Bitcoin rises 2%.. Ethereum climbs above $1,300

The main index of the Egyptian stock exchange rose by 2.5% by concluding its midweek trading session

Tesla could face its toughest challenge yet as economy cools

Turkey's Trade Deficit Jumps By 298% In September Amid Higher Energy Import Costs

Hedge funds suffer $32 bln of outflows in Q2 -data

Bahrain attracts $921 mln direct investment, more than 30% in manufacturing, logistics

Investors withdraw $2. 7 billion from UK equity funds

Canada's exports fall in August as crude prices drag

EGX Main Index Rises 0. 88% at Closing the Week

Wall Street set to decline as rally in growth stocks falter

Saudi wealth fund gets almost $18 bln demand for debut green bonds

Egypt's foreign exchange reserves rise to $33. 19 billion in September

China, equities weigh as EM sees another month of outflows

Almarai Posts 13% Increase In Net Profits To Hit Over $123M In Third Quarter

Saudi Utility Marafiq Aims To Raise Up To $897M In IPO

London Stock Exchange sets listing rules for carbon cutters

India's Adani Group in talks to buy Jaiprakash's cement unit for $606 mln

China extends currency swaps with European Central Bank

Burjeel Holdings Shares Surge, Raises $300M On First Day Of Trading

ADNOC Drilling Awarded $1.53B Contract To Support Expansion Of ADNOC's Offshore Operations

Bank of England buys 853 mln pounds of bonds, most since Sept. 30

DEWA Gets Shareholders' Approval To Distribute Cash Dividends Of $844M For First Half

Swiss National Bank cuts overnight deposits by 30 billion francs

World stocks head back towards 2-year lows as mood sours

Nissan takes $687 million loss as sells Russian business for 1 euro

Monte dei Paschi puts finishing touches to $2.4 billion share sale

Japanese foreign currency deposits rise at fastest rate since 2015

China new bank loans nearly double after government help

SEC scrutiny into Wall Street communications shifts to investment funds

Honda, LG to locate $4.4 billion battery plant in Ohio

Saudi SRC Doubles Sukuks To $5.3B On Positive Market Reaction

European shares fall for sixth day on earnings jitters

Oilfield Services Firm Arabian Drilling Prices IPO At $26.6, Set To Raise $710.2M

Credit Suisse debt insurance costs rise, bonds ease after tax probe report

Volkswagen to invest up to 2 bln euros in JV with China's Horizon Robotics

BlackRock profit falls 16% as market volatility spooks investors

Toshiba shares jump on report of possible $19 bln buyout

India's Infosys reports 11% rise in Q2 profit, sets $1.13 bln share buyback

Pound, UK assets soar after report UK government U-turn on tax plan

EGX Concludes Week Trading on Collective Rise of Indices

TSMC's Net Income Up Almost 80% In Q3 2022 Driven By 5-Nanometer Technology Demand

IMF reaches staff-level agreement with Tunisia for loan programme

Abu Dhabi's G42 Subsidiary Bayanat To Sell 22% Stake Via IPO, Reportedly Raise $171.1M

Zain KSA Sells Subsidiary To Saudi PIF Ahead Of $805.4M Towers Sale

Egypt nears staff-level agreement with IMF on terms of its programme

Vodafone and Altice launch 7 bln euro German broadband company

Indian shares rise as banks, autos gain

Goldman plans major overhaul, to combine investment banking and trading -WSJ

Bank of America profit drops on loan-loss reserve build

Brazil's economy seen in soft landing as private spending cools

BP to buy Archaea in $4.1 bln deal to beef up alternative fuels business

Saudi Arabia's Aldrees Posts 38.6% Rise In 9-Month Profit On Higher Petrol And Transport Sales

UAE's Al Seer Marine Forms JV With Damen Shipyards And DTec Industries, Eyes $10B Deals In 10 Years

European shares extend gain with technology in lead

Japan repeats warnings on yen as market watches for intervention

Sterling pauses after UK fiscal U-turn rally, yen scrabbles off 32-year low

London stocks hit over one-week highs on UK policy reversal optimism

Turkish central bank takes another step to boost lira deposits

Amazon to boost Thailand cloud infrastructure with $5 bln investment

Saudi’s Capital Market Authority Approves Riyadh Cables’ IPO Application

Intel's Mobileye seeks drastically lower $16 bln valuation in IPO

Goldman Sachs Posts 12% Decline In Q3 Revenues To $11.98B, Beats Analysts Expectations

Abu Dhabi's Mubadala sells $1 billion in 10-1/2-year bonds

Abu Dhabi outperforms Gulf markets, IHC at record peak

Sterling falls after 'mini budget' U-turn pulls down gilt yields

Most Gulf markets subdued, Dubai set to snap four-day gaining streak

Russian rouble edges lower with market focused on OFZ auctions

Major Gulf bourses in red on volatile oil, global growth concerns

Abu Dhabi's Mubadala Invests In German Wind Energy Developer Skyborn To Boost Renewables Portfolio

Kia's Shares Decline After $1.1B Loss Provision Announcement In Q3

Kuwait's NBK Posts 45% Jump In Profits To $440M In Q3

Yen slides past key 150 level, markets brace for intervention

Norway's DNB reports rising Q3 net profit, as expected

Mercedes signs 1.5 bln eur deal with Rock Tech Lithium to push e-car drive

Strong Operating Performance Pushes Saudi British Bank’s Nine-Month Profit Up 26%

Bank Of Japan To Hold Unplanned Bond-Buying Operations As Yen Touches 150 Per Dollar

Hermes plans big price rises, says no sign of slowdown

Blackstone's earnings fall 16% on sharp drop in asset sales

India's Shriram Transport Finance profit surges on higher interest income

India's Axis Bank beats profit estimates as provisions slide

Al Ahli Bank Of Kuwait Sees 30.6% Growth In Profits To $88.5M In First Nine Months Of 2022

Egypt's currency seen falling faster than previous projections

Tesla Shares Drop In Pre-Market After Missed Q3 Earnings

Turkey Cuts Interest Rate To 10.5% Even As Inflation Reaches New High

Saudi Arabia launches supply chain project to attract 40 bln riyal investments

Saudi National Bank Posts 18.72% Increase In Net Profits To $1.3B During Q3

Al Rajhi Bank Records 14.79% Rise In Q3 Profit On Higher Operating Income

Saudi bourse gains on strong earnings, oil prices; Qatar falls

Saudi Arabia Announces Supply Chain Project To Lure $10.6B Investments

Shell To Acquire 9.375% In Qatar's North Field South Expansion Project

Dollar shrugs off suspected yen intervention, Europe clings to Fed hopes

Dubai to offer 10% of Empower in fourth state-linked IPO

Poland's Bank Millennium third-quarter results hit by payment holidays

China's exports to Russia up by more than 20% as growth slows elsewhere

Sweden's H2 Green Steel gains support for $3.45 bln debt funding for fossil fuel-free plant

Dollar shrugs off suspected Japan intervention; pound eyes UK politics

Mubadala Signs Deal With KKR To Co-Invest At Least $1B In Asia Pacific

Copper Tech Firm Jetti Raises Funds at $2.5 Billion Valuation

Saudi PIF Launches New Company To Localize Development Of Halal Products

Goldman Sachs launches Chinese infrastructure real estate joint venture

China chip imports drop 12.4% year-on-year in September

Airbus eyes Saudi deal for almost 40 A350 jets

Australia's budget to downgrade growth, keep spending in check

Saudi index gains on rising oil prices; Qatar falls

UBS plans more share buybacks as wealth management shines

Saudi Non-Oil Exports Climb 16.6% In August, Imports Leap 20%

Dubai Islamic Bank Nine-Month Profit Up 34% On Rising Core Revenues, Sustained Lower Impairments

Saudi Arabia Aims To Localize 65% Of Its Supply Chain, Says PIF Governor

Egypt’s SODIC Makes Non-Binding Offer To Purchase Orascom Real Estate For $125M

Saudi Arabia to buy back around $1.27 bln of its existing bonds

Coca-Cola lifts forecasts as demand keeps pace with pricier sodas

Rouble edges lower ahead of three OFZ treasury bond auctions

Deutsche Bank reports big jump in profit despite slump in dealmaking

Saudi Aramco launches $1.5 bln fund, says energy transition plan flawed

Most major Gulf bourses slip on falling oil, weak earnings

Santander's Nine-Month Net Profit Leaps 25% To $7.3B

UK gilt yields rise as budget statement pushed back

MENA Listed Companies Raise $14.7B In 9 Months, Q3 IPOs Raise $1.5B

Saudi PIF To Invest $24B In MENA Countries To Increase Regional Investment Opportunities

FAB's Nine-Month Net Profit Climbs 19% To $3B. Here's Why

Egypt Doubles Capital Of Sovereign Wealth Fund To Over $20B, Minister Says

European stocks slip ahead of ECB decision, Credit Suisse drops on turnaround plans

UAE wealth fund ADIA reports strong 2021 returns, restructures internally

Credit Suisse asks investors for billions after bumper loss

China's Huawei slows its long decline under U.S. sanctions as revenues improve

Major Gulf markets mixed in early trade

Singapore's Sembmarine to buyout Keppel Corp's O&M unit in revised $3.2 bln deal

China CNOOC's Q3 net income up 89% on yr at $5.1 bln

Emirates NBD's Nine-Month Net Profit Climbs 25% To $2.5B

Samsung Posts 31% Drop In Q3 Operating Profit, Appoints Heir Jay Y. Lee As New Executive Chair

IMF and Egypt reach $3 bln, 46-month deal, IMF representative says

ECB raises deposit rate to 1.5%, highest since 2009

TSX futures track crude price gains ahead of U.S. GDP data

Meta Shares Plummet 20% In Pre-Market After Q3 Revenue Decline

Egypt bourse surges on cenbank reforms, Abu Dhabi near record high

SAIB Posts 49% Increase In Net Profits To $319M In First Nine Months Of 2022

China c.bank reaffirms it will step up support for real economy

Egypt's pound sinks further against dollar

Ray-Ban Maker Posts 9.2% Climb In EMEA Q3 Revenue To Reach $2.3B

Saudi Tadawul Group Posts 23% Drop In 9-Month Profit On Lower Revenues

Swiss National Bank's balance sheet shrinks nearly 8% in Sept, data shows

Credit Suisse unveils details of $4 billion capital raising plan

Cryptos attempt to steady as Binance-FTX deal chills market

Show us the money: Developing world at COP27 seeks finance details

Vodafone teams up with KKR and GIP in $16 bln towers deal

Crypto markets teeter with FTX after Binance abandons bailout

Dubai Investments Posts 227% Surge In 9-Month Profit On One-Time Gain

Saudi PIF Completes Sale Of 10% Stake In Saudi Tadawul Group

Wall St Week Ahead Soaring U.S. tech stocks leave some investors doubtful rebound will last

$3 billion in Bitcoin left exchanges this week amid FTX contagion fears

Most Gulf bourses in black on Fed rate hopes

Saudi wealth fund, BlackRock to jointly explore Mideast infrastructure projects

Major Gulf markets fall after Fed warning

Temasek considers sale of Advanced MedTech, likely valued at about $1 bln

Japan's biggest bank Mitsubishi UFJ reports 70.5% slump in Q2 profit

Abu Dhabi’s TAQA Posts 53% Surge In Nine-Month Profit On Higher Energy Prices

SoftBank Shares Sink After Vision Fund Posts $7.2B Loss

Major stock markets extend losses as oil falls

Credit Suisse to sell bulk of Securitized Products Group to Apollo

Bahamas financial regulators appoint liquidators for FTX unit

FTSE 100 stalled by Vodafone's outlook cut, weak employment data

Hedge Fund LMR Joins Millennium, ExodusPoint to Open in Dubai

AD Ports Group Posts 77% Growth In Third-Quarter Profit On Higher Revenues

Kuwait-Based Logistics Firm Agility's Third-Quarter Profit Falls To $40.9M

Sterling hits highest in almost 3 months ahead of UK budget as dollar tumbles

Bain will buy Japanese apparel maker Mash Holdings for $1.44 bln

Qatar leads most Gulf bourses lower as oil falls

Britain's Sage sees more margin growth after 8% rise in profit

Siemens Energy scraps dividend on wind division turmoil

HSBC Oman, Sohar International Bank ink merger pact

Major Gulf markets track oil, Asian shares lower

Masdar-led consortium signs deal to develop Suez Canal green hydrogen project

Saudi Aramco to pump $7 bln into biggest petchem investment in South Korea

Colombia's Grupo Aval posts 23.2% decrease in Q3 net profit

Major Gulf bourses subdued as oil prices slump

Brazil markets slump on incoming government budget proposal

Saudi market posts fourth weekly loss as oil drops

Saudi Arabia's Dar Al Arkan signs deal with Trump family for Oman project

Major Gulf bourses fall in early trade as oil retreats

Dollar rises as China COVID worries spur safe-haven buying

FTX collapse shows need to regulate crypto, says Bank of England

Bitcoin drops to 1-week low, ether slides 7%

Greek economy to grow by 1.8% in 2023, rebound hurt by energy crisis

Merck to acquire Imago BioSciences for $1.35 bln

JPMorgan Tops List of Global Systemically Important Banks In 2022: G20 FSB Report

FTX had total cash balance of $1.24 bln as of Nov. 20

Asian shares recover but concerns over China may resume strict COVID curbs linger

Rebound in oil, mining stocks lifts European shares

Japan's Mazda Reveals $10.6B Investment Plan To Purchase EV Batteries

Denmark's Novo Nordisk To Invest $745M To Expand Danish Facility

Saudi discussing $5 billion deposit for Turkey - Saudi finance ministry spox

Credit Suisse expects Q4 pre tax loss of up to 1.5 billion Sfr

Investors batten down ahead of Fed minutes, Eurozone recession fears grow

Germany's Uniper sees bailout cost rising to $53 billion

Qataris' acquisition of 20% of Vodafone Egypt will cost more than one billion dollars

Turkish Real Estate Developer Nef To Invest $2.2B To Build Affordable Housing In US

Asian shares rise on signs of Fed slowdown; dollar down further

Lebanon's economy still contracting but at slower pace, World Bank says

Nestle To Invest $1.9B In Saudi Arabia Over 10 Years To Boost Food Security

Orascom Construction Egypt's profits decline marginally by 3.5% for the third quarter of 2022

Saudi Arabia to deposit $ 5 billion in the Turkish Central Bank

Shares of Chinese Developers Rise As Banks Offer $129B Credit Facility

Lebanon c.bank says completed audit of gold on IMF request

Chevron can resume key role in Venezuela's oil output, exports

BOJ to conduct annual survey on climate finance to nurture ESG market

Neobank For Businesses Raises Its Valuation To $720 Million Despite Fintech Depression

Saudi Arabia's Luberef Uses Morgan Stanley, Citi and HSBC to Offer

Yemen signs agreement with Arab Monetary Fund for one billion dollars

Stocks tumble as China's COVID protests roil sentiment

French retailer Casino launches stake sale in Brazil's Assai

Russian e-scooter firm Whoosh to pursue Moscow IPO

Amazon To Reportedly Shut Down Some Of Its Businesses In India Amid Austerity Measures

Arab Monetary Fund To Provide $1B To Yemen In Saudi-Brokered Fiscal Reform Package

Credit default ratio in Brazil hits highest in almost 4 years

Cyber Monday set for record sales of $11.2 bln as shoppers wait for discounts

The yuan's the new dollar as Russia rides to the redback

TC Energy forecasts higher costs for Coastal GasLink pipeline in 2023

Brazil stocks set to rally 13% by end-2023 despite policy uncertainty

Emaar EC Sells $96M Industrial Plot To Ceer To Build Saudi's First EV Plant

Shares Of School Operator Taaleem Holdings Plunge On Market Debut

Several Dubai Listed IPOs Are Trading Below Offer Price

Credit Suisse stocks drop to fresh record lows, bonds suffer

India's April-Oct fiscal deficit touches $93 bln

ECB says Bitcoin is artificially propped up, shouldn't be legitimised

Three companies vie to build new Czech nuclear plant

Eni in preliminary talks to buy Neptune Energy for $5-6 bln

Greece's Eurobank to buy additional 13.4% stake in Cypriot Hellenic Bank

Spain's Cepsa to invest 3 bln euros in Andalusia green hydrogen project

Credit Suisse shares get closer to offer price in $2.4 bln cash call

Woodside Energy cash flow outlook sparks concern about future payouts vs growth

Nasdaq CEO hopeful IPOs will pick up in 2023, calls for more crypto regulation

Petrobras boosts five-year investment plan to $78 billion

Turkish cenbank's net FX reserves rise to $19.51 bln

UniCredit completes second share buyback of 1 billion euros

HSBC will have to share custody of $52 bln of gold bars with JPMorgan

Profit in U.S. banks rise in Q3 despite challenging economic environment - FDIC

Saudi Aramco's Luberef expects to raise up to $1.32 bln from IPO

Egyptian Finance Minister: We hope to obtain the first tranche of the IMF loan worth $ 750 million this month

Swiss utility Axpo looking abroad for growth opportunities

EGX's main index up by 3.22%. Capital rises by EGP 23.6 billion

Egypt's index outperforms regional peers; Saudi extends losses

China's trade likely shrank further in Nov as external, local demand weakened

Russia's Whoosh eyes $400 mln valuation in upcoming IPO

Yuan jumps past 7 per dollar as China eases some COVID curbs

Trafigura enters $3 bln loan to supply Germany's Sefe with gas

Egypt's Trade Deficit Shrinks 41.3% In September Thanks To Higher Exports

UAE, Ukraine To Hold Talks Over Deal To Facilitate Trade In High-Value Sectors

Australia records first current account deficit in three years

UK insurer Phoenix sets $1.8 bln 2025 new business cash target

French sugar maker Tereos posts net profit of 133 mln euros

Gulf states, looking East, to reinforce economic ties with China as Xi visits Saudi

China's Nov exports and imports shrink further, worse than forecasts

European tech industry loses $400 billion market value

Ukraine's central bank keeps key rate unchanged at 25%

Saudi Arabia Approves 2023 Budget, Expects $4.3B Surplus

Saudi Arabia To Place $5B Deposit In Turkey’s Central Bank Soon

Pakistan FX reserves held by central bank fall to $6.7 bln as of Dec 2

Saudi Arabia's GDP grows 8.8% year-on-year in Q3

Central Bank of Egypt: 2.08 trillion pounds settlement value 9.9 million transactions via cheque clearing

Non-oil activities in Saudi Arabia grow at the highest pace in 10 years

China's Public Offering Fund Manages Assets Worth $3.82T

Microsoft to buy 4% stake in London Stock Exchange

Amgen set to buy biotech firm Horizon at $26 bln valuation

Cboe Global Markets Achieved Multiple Records in Trading Volumes for November 2022

SGX Reports Highest-Ever Trading Volume of FX Futures in November

Dalmia Bharat unit to buy Jaiprakash cement, power assets for $687 mln

Americana Shares Climb After Raising $1.8B In Dual-Listing

ECB to raise scrutiny of banks' credit risk, funding in 2023 as recession looms

Apple's Japan investment crosses $100 bln, CEO Cook visits chip epicentre

Most Gulf markets decline ahead of Fed meet; Saudi bourse rebounds

Qatar Records $8.2B In Budget Surplus During Third Quarter Of 2022

Inditex profit jumps as Zara owner lifts prices

Most Gulf markets gain on U.S. data; Fed decision in focus

Elon Musk Sells Tesla Shares Worth $3.6B As Twitter Faces Annual Interest Payments

UK watchdog clears $5 bln Sika-MBCC merger

Egypt Forms Committee To Set 'Fair Price' For Basic Goods Amid High Inflation

Developer China South City sells 70% stake in Xian projects for $717 million

LG Energy Solution to invest $3.1 bln in S.Korea battery facility

Saudi-Based Riyadh Cables Shares Fall On Debut Trading After Raising $278M In IPO

Qatar Announces Surplus In Budget For Next Year As Revenues To Touch $62.6B Amid Surge In Oil Income

Crypto firm Voyager to sell assets to Binance.US in $1 bln deal

CIB-Egypt signs EGP 3 bln financing contract for Arabian Construction Company (ACC)

Australian economy on edge as fixed-rate mortgage pain looms in 2023

Oman estimates revenue at 11.6 bln rials, spending of 12.95 bln rials in 2023 budget

Stocks, bonds fall as BOJ's surprise policy shift spooks investors

UK public borrowing hits record 22 billion pounds in November

Russia's bailed-out Otkritie Bank to be sold to VTB for $4.7 bln

Saudi's Non-Oil Exports Rise 4.4% In October Driven By Growth In Chemical, Allied Industries

ACWA Power signs $2.4 billion power purchase agreement with Uzbekistan's grid

'Saudi Market Index' up 0.2% at 10,235 points. With a turnover of 2 billion riyals, the lowest in 3 years

Advent to buy 50.1% stake in India's Suven Pharma, explore merger

Japanese shares end higher on Wall Street gains, financials weigh

Saudi Arabia's Othaim Investment Company raises its capital to SAR 1.5 billion

Samsung Elec to expand chip production at largest plant next year

Vietnam c.bank buys dollars to shore up reserves after selloff

INDIA RUPEE Rupee drops back to 82.85/USD as importers seek dollars

Latam M&A expected to recover in 2023, IPOs may take longer

Apple Japan hit with $98 mln in back taxes

Spain announces $10.6 bln package to ease inflation pain

Dubai Aerospace Industries raises $800 million in two funding deals

Japan's Kyocera to invest $9.8 bln for chips over FY2023-2025

Infineon ready to spend billions on acquisitions

Instacart cuts internal valuation to $10 bln

ABB gets $1.4 bln after completing power grids sale to Hitachi

India's Sheela Foam to buy rival mattress maker Kurlon for $241 mln

Abu Dhabi Ports Group owns 51% joint venture in Kazakhstan

Thailand posts current account deficit in Nov, exports fall

TSMC starts volume production of most advanced chips in Taiwan

Euro zone business lending growth slows sharply in November

Turks' forex holdings drop to $194.44 billion

Oman ok's 2023 budget, had 1.146 billion rials 2022 surplus

Market misery deals sovereign wealth funds historic setback in 2022 -study

Saudi shares make positive start to 2023

QFC's assets rise to $28.3 billion

Turkey's exports hit record $254 bln in 2022

Turkish 2022 trade deficit leaps 138% to $110.2 billion -ministry

Rheinmetall wins quarter-billion euro order for e-vehicle parts

Oil recovers from early decline, outlook clouded by China and global economy

South Korea fines Tesla $2.2 mln for exaggerating driving range of EVs

Ferrovial to build data centre for Microsoft in Madrid

SpaceX to raise $750 million at $137 billion valuation

Aldi UK's December sales up 26% as shoppers seek savings

Qatari Quarry seeks to buy Ramses Hilton Hotel in Egypt

Amazon secures $8 billion term loan

Tokyo Gas unit nears $4.6 billion deal to buy U.S. natgas producer

Asian stocks in 2022 suffer biggest foreign outflows since 2008 global crisis

Egypt's currency weakens to 26.49 to the dollar

India OKs $2 bln incentive plan for green hydrogen industry

BP raises oil investments in the U.S. as inflation hits

UK equity funds saw record $10 bln outflows in 2022

UAE-Based Alpha Dhabi, Mubadala Sign Joint Venture Deal To Co-invest Up To $2.5B

Chinese Stocks Gain $70 Billion As Ant Group’s New $1.5 Billion Plan Fuels Investor Optimism

Indonesian state fertiliser firm Pupuk Kaltim plans $500 mln IPO

Gulf shares ride high on upbeat oil prices; FAB drags Abu Dhabi

Investor Ubben takes 0.8% stake in Bayer, boosting share price

Silvergate Capital shares sink as crypto-related deposits plunge

Samsung's quarterly profit set to hit 6-year low as consumers hunker down

Most major Gulf stock markets fall on hawkish Fed, Egypt extends rally

Swiss National Bank posts record $143 billion loss in 2022

Oil rises on demand optimism as China borders reopen

Czech central bank stayed out of FX markets in November

Saudi Telecom Service Provider Zain KSA Sells Tower Infrastructure To GLIC For $800M

AstraZeneca to buy U.S.-based CinCor Pharma in $1.8 bln deal

Vodafone to receive $1.8 bln from sale of Hungarian unit

Singapore's Olam Group Plans To Float IPO In H1, List Shares In Saudi Arabia

Bitcoin digs in for a bumpy new year

Goldman Sachs raises $1.6 bln private capital for climate fund

U.S. banks get ready for shrinking profits and recession

Bed Bath & Beyond reports bigger quarterly loss as bankruptcy threat looms

Carlyle buys majority stake in India's VLCC for $300 mln

POLL Turkey's current account deficit at $4.1 bln in November; $48 billion in 2022

Russia to resume forex interventions with sale of Chinese yuan

Saudi’s Ma’aden Signs Deal With Wealth Fund PIF For Setting Up JV Mining Firm

Sweden's central bank to report $7.7 bln loss for 2022

Egyptian Pound Hits Fresh Record Low Amid Commitment To Rate-Flexibility Shift

Indian shares retreat; IT results, inflation data eyed

Bangchak to buy ExxonMobil's Esso Thailand stake for about $603 mln

Dollars flow into Egypt currency market after depreciation -bankers

UAE to loan $1 bln, roll over another $2 bln to Pakistan

Chipmaker Giant TSMC Records 78% Rise In Q4 2022 Net Income Amid Industry Slowdown

Saudi Fund for Development to finance Pakistan's oil derivatives worth $1 bln

Most Gulf markets rise on higher oil prices, U.S. rate hopes

UAE signs green hydrogen export agreement with 4 Dutch companies

Asian shares rise, yen climbs as BOJ battles bond bears

Siemens signs 3 bln eur train deal in India

Qatar's Inflation Rose To 6% In December Amid Higher Commodity Prices

Meme Stock Billionaire Ryan Cohen Buys Into Alibaba

Big Oil's good times set to roll on after record 2022 profits

Russia posts record current account surplus of $227 bln in 2022

Indonesia's 2022 oil lifting below target, but investment rising

BASF, Eramet near $2.6 bln Indonesia deal to process nickel for EV batteries

India's Adani to use $2.5 bln share sale proceeds for capex, debt repayment

OECD sees revenue gains from new tax pact reaching $250 billion

Egypt's 2022 exports increased by 20% to around $53.8 bln, PM says

Chinese companies set for biggest earnings growth in 5 years in 2023

Bankinter's 58% Q4 net profit rise overshadowed by rise in costs

Global Bond Issuance Hits Record of Nearly $600 Billion

Oman's drilling services firm Abraj plans March listing on Muscat exchange

Saudi Almarai profits increased by 24% in the fourth quarter of 2022

Saudi ACWA Power Says JV Acquires Second Group Of Assets For Jazan Project

INDIA Rupee may firm past 81/USD, bond yields to edge up as budget looms

Goldman Sachs to cut asset management investments that weighed on earnings

European shares steady ahead of PMI data

Energy support, debt interest help to swell UK borrowing

Blackstone in talks with Bain to sell $480 million stake in top Indian REIT

India's top carmaker Maruti's profit doubles on strong demand

Verizon forecasts profit below estimates on slowdown worries, shares fall

J&J forecasts 2023 profit above expectations on pharma strength

ASML beats earnings forecasts, sees 2023 growth amid China worries

Gulf investors bid for India's Adani Enterprises' $2.5 bln FPO

Dubai Islamic Bank's Net Profit Jumps 26% To $1.5B In 2022 On Rising Core Revenues

Saudi Arabia’s Non-Oil Exports Down 19.7% Due To Drop In Chemical, Allied Industries

SAP to cut 3,000 jobs, explore Qualtrics stake sale

Qatar in talks to join TotalEnergies' $27 bln Iraqi energy project

Nokia says is gaining market share, sees 2023 growth

Emirates NBD's Full-Year Profit Surges 40% Driven By UAE's Economic Growth

Blackstone's earnings fall 41% as assets sales slump

India's Adani says $2.5 billion share sale on track even as bankers mull changes

Qatar's trade balance surplus rises by 10% to SAR 28.2 billion in December 2022

China central bank to roll over lending tools to spur growth

Adani's market loss swells to $66 billion as its fight with short-seller escalates

Lidl GB to invest 4 bln stg in UK food businesses in 2023

Al Rajhi Bank Posts 16.3% Surge In Full-Year Profit On Higher Operating Income

Turkey Signs Deal With Oman To Purchase 1.4B Cubic Metres Of LNG Per Annum For 10 Years

India's GAIL Q3 profit slumps on supply hit

Adani's crucial share sale 70% subscribed as institutions pump in funds

UniCredit hikes payout goal by 40% after record profit

Most Gulf bourses decline, tracking oil prices; Dubai gains

Bond investors brace for recession as Fed expected to slow pace of tightening

Russia recommends investors convert FX bonds amid asset freeze

Brexit's Lost Output Is Costing the UK £100 Billion a Year

Mutual funds have low exposure to Adani companies

US Hedge Fund Davidson Kempner Buys Over $1B Bad Debt From Abu Dhabi Commercial Bank

AbuDhabi's IHC has acquired a 55% stake in Reach Employment Services for a value of $85.8 million

Saudi National Bank Posts 47% Rise In Full-Year Profit On Higher Income

Deutsche Bank earnings surge brings third consecutive annual profit

Rupee inches up as risk assets rally, gains capped by weak equities

India's Bajaj Electricals Q3 profit rise 27%

Panasonic cuts full-year outlook as costly raw materials weigh

Santander Brasil's Q4 net profit slumps as loan-loss provisions bite

Foxconn's January sales surge as China COVID disruption shaken off

Egypt non-oil activity slides for 26th month as inflation bites

Hong Kong seeks to attract Saudi Aramco to its stock exchange

Adani Group plans to trim its capital spending plans, Mint reports

Newmont makes $16.9 billion offer for Australia's top gold producer Newcrest

BP profit soars to record $28 bln, dividend increased

Saudi Wealth Fund PIF Reportedly Gets Over $12B In Orders For Three-Tranche Dollar Green Bonds Sale

SoftBank tumbles to loss as Vision Fund in red for fourth straight quarter

Canada, Taiwan to begin formal talks to spur foreign investments

BP profit hits $28 billion, fuels windfall tax calls

Hesham Diab became as Head of Creative Visual Solutions | aiBANK

SocGen's Q4 profit beats expectations, sets aside more money for bad loans

India banks’ loan exposure to Adani Group against shares not significant

Maersk warns lower container volumes to hit 2023 profits

Dana Gas' Annual Profit Falls To $182M As Oil Production Drops

TotalEnergies 2022 profits hit record $36.2 billion

Most major Gulf markets open lower on Fed caution; Dubai rises

Toshiba confirms JIP offer that sources say is backed by $10.6 bln in loans

Credit Suisse warns of more losses after sliding deep into the red

ADNOC Distribution Records 22% Jump In Annual Profit To $749M On Strong Growth In Fuel Sales

First Abu Dhabi Bank could renew $35 billion offer for StanChart

PepsiCo's price increases drive quarterly results beat

Berkshire Hathaway sells $138.9 mln of shares in China's BYD

Saudi Arabia's Green Investments Leaped In 2022

Saudi bourse has 23 companies waiting to go public, says CMA head

Oman-Jordan Trade Exchange Hits $118.4M By November 2022 End

Adani saga spotlight shifts to Indian regulator, shares drop yet again

Abu Dhabi's Adnoc Drilling net profit rises 33% in 2022

China's CNPC set to seal mega Qatari LNG deal

Orpea shares jump on Q4 revenue and cash boost

Riyad Bank's Full-Year Profit Soars 17% To $1.9B On Higher Revenue

Palantir expects 2023 to be first profitable year, shares soar

Samsung Electronics to borrow $16 bln from Samsung Display unit

Glencore dishes $7.1 bln to shareholders after record annual profit

Investment Firm Amanat’s 2022 Adjusted Net Profit Jumps 14% On Higher Revenue

Emaar Properties Posts 79% Leap In 2022 Net Profit On Robust Dubai Market

Saudi PIF Says Its Investments In US Stocks Decline Nearly $6B In Fourth Quarter To $31B

Nestle plans price hikes after inflation eats into profits

Commerzbank sees 2023 profit 'well above' 2022 despite challenges, shares surge

TPG in talks to buy $300 mln Malaysian education assets from KV Asia -sources

Most Asian bonds see foreign inflows in Jan on hopes of rate-hike pause

Aramco's profits for Saudi base oils rose by more than 31% in 2022

New debt risk from China's $2 trillion domestic bond

Saudi's stc Reports Record $18B Annual Revenue On Diversified Investments

HSBC signals rate rise profit windfall has peaked even as payouts rise

Warburg Pincus raising $439 mln in maiden yuan fund for China deals

India's Adani Ports to prepay 10 bln rupees on CPs due in March - spokesperson

German exports to China decline in January despite lifting of lockdown

Stellantis Posts 26% Rise In 2022 Net Profit To $17.9B As Global BEV Sales Surge

Qatar Records $24.4B Budget Surplus In 2022

Abu Dhabi's ADNOC To Raise $2B By Selling 4% Stake In Gas Unit, IPO To Open Tomorrow

UAE, Bahrain, Egypt and Jordan Agree to Implement $2 billion joint industrial projects

India's Adani in talks for $400 mln debt against Australian coal port assets

Saxo Bank Group has Released its Financial Results for Full year 2022

Major Gulf bourses mixed, Saudi falls on weak earnings

Turkey's economy grew 5.6% in 2022, pace to slow after earthquakes

SABIC's quarterly profit slumps 94% on lower sales prices

Saudi, UAE Lead Gulf Efforts In Deployment Of Renewable Energy

Zoom Shares Climb Almost 8% On Revenue Growth, Better Earnings Forecast

Bayer braces for falling profits in challenge for new CEO

Chevron boosts annual share buyback target to up to $20 billion

India's Adani secures $3 billion credit from sovereign wealth fund

Royal Bank of Canada's quarterly profit falls

Pakistan's Feb CPI jumps 31.5%, highest rate in nearly 50 years

Euronext pulls $5.8 billion offer to buy Allfunds

LSE Group 2022 earnings meet forecasts, eyes buyback on BlackstoneTR stake

GSK spinoff Haleon forecasts 4-6% revenue growth in 2023

GQG Partners buy shares worth $1.87 bln in Adani group firms

Wout Kalis became as Managing Director Head of Asia | Broadridge

Egypt non-oil activity Contracts for 27th Month as Prices Surge

Foxconn reports fall in Feb sales, sticks to Q1 outlook

Ambani and Adani plan to produce 25 GW of Clean Energy in southern India

Egypt's net foreign reserves rise to $34.4 bln in Feb -cenbank

Swiss National Bank reports annual loss of 132.5 bln Swiss francs

Presight AI To Raise Over $495M In IPO On Abu Dhabi Bourse Next Week

Indian shares extend rally on improved risk sentiment

SoftBank's Arm aims to raise at least $8 billion in U.S. IPO

Saudi Arabia Deposits $5B Into Türkiye's Central Bank Via Saudi Fund For Development

India's Adani Group pre-pays over $900 mln worth share-backed financing

Sri Lanka expects approval of $2.9 bln IMF deal after China support

Telecom Operator e& Posts 7.4% Rise In Annual Profit To $2.7B On Higher Subscribers

Mubadala, Other Investors To Acquire 20% Stake In US-Based Truist Insurance For $1.95B

Emirati Industrial Firm EGA Posts 34% Jump In Full Year

GQG Partners likely to step up investment in Adani group, says founder

Trade deficit comes in at $68.3 billion

Russia's Sberbank not expecting cenbank to cut rates this year -CEO

Russia's Sberbank net profit drops 78.3% in 2022 as sanctions bite

Credit Suisse delays annual report after SEC call, shares drop

Saudi Allocates $800M In Loans To Support Least Developed Countries In Africa, Asia

Saudi Aramco reports record profit of $161.1 billion in 2022

Iran says oil exports hit highest level since reimposition of U.S. sanctions

Malaysia's Edotco, backers plan stake sales in hot telco towers market

UAE Bourses To Hit $953B In Market Cap Thanks To ADNOC Gas Listing

Saudi Arabia launches new national airline

Kuwait central bank expects little SVB impact on local lenders

Bitcoin, USDC stablecoin rally after U.S. intervenes on SVB

European bank stocks plunge again as SVB market turmoil continues

Investcorp Distributed $1.2B In Aggregate Dividends To GCC Shareholders Over 12 Months

Broker TP ICAP hikes dividend after beating profit forecasts

Shares fall as market stress stokes volatility

London stocks fall as Prudential drops, spring budget in focus

Qatar's Inflation Rose To 4.4% In February On Higher Recreation, Housing And Water Prices

Samsung Electronics To Invest $230B To Build Chip-Making Plants In South Korea

Samsung to invest $230 billion in chipmaking base

Apple supplier Foxconn steps up investment outside China

Most Gulf markets turn south as Credit Suisse woes roil markets

Major Gulf bourses tumble as Credit Suisse fears spook investors

Credit Suisse shares leap 35% as markets cheer lifeline

Euro, Swiss franc recover a touch as market mood improves

ECB rate hike plans clouded by banking turmoil

Siemens Energy sells $1.3 billion in shares to help fund Gamesa bid

Europe's rebound wanes ahead of ECB rate decision

Most Middle Eastern bourses slide further as bank turmoil jolts markets

Credit Suisse to borrow around $54 billion from Swiss National Bank

UBS mulls Credit Suisse takeover amid US bank fallout

As economy worsens, Lebanese juggle dizzying rates for devalued pound

Adani Group suspends work on $4.2 bln project in India's Gujarat

Revenues Of China's Light Industry Expands To $3.5T In 2022 Despite COVID-19 Curbs

Mercedes set to invest billions in e-vehicles plants

Stocks slide as Credit Suisse rescue fails to stem rout

World markets set for relief after Credit Suisse buyout, central banks action

Turkey cbank to hold rate at 8.5% after its post-quake cut

Indian shares fall as banking contagion fears sour mood

Shares rise after Credit Suisse deal, but bank 'whack-a-mole' not over

Switzerland's secretive Credit Suisse rescue rocks global finance

Dollar pauses, sterling drops ahead of Fed, BoE

Tencent's annual revenue drops for first time as China crackdown bites

UBS buys back nearly $3 bln in bonds issued under a week ago

Virgin Orbit near deal to raise $200 mln from Matthew Brown

Battery maker Northvolt in talks for over $5 billion in financing

TSX futures edge up tracking oil prices as banking worries wane

AMC Entertainment shares jump on report Amazon exploring a deal

ADNOC Gas' Full-Year Pro Forma Net Profit Jumps 37% To $4.9B On Higher Revenue In 2022

Iraq's oil revenues record $7.4 billion in March

Nike Posts 14% Year-On-Year Revenue Growth In Third Quarter

One New Zealand has signed a deal with ElonMusk's SpaceX to use US company's Starlink

Rathbones snaps up Investec's UK wealth arm in all-share deal

KKR closes its largest ever European buyout fund at $8 billion

Banks, miners push FTSE 100 up for seventh day; OKYO Pharma slumps

L’Oreal to Buy Aesop for $2.53 Billion

UK investors add $1.2 billion to equity funds in March

LVMH CEO Arnault's Fortune Soars Past $200Billion for First Time

Foreigners sell Asian equities in March on banking sector woes

Egypt's headline inflation rate increased to 32.7% in March

Ethereum upgrade to unlock over $30 billion in crypto tokens

Emerson Electric nears $8 bln deal for National Instruments

Glencore offers cash to Teck shareholders in play for deal support

Qatar Islamic Bank's Q1 2023 Net Profit Climbs To $248.7M

Merck to buy Prometheus Biosciences for about $11 billion

European shares rise ahead of more big U.S. bank earnings

Bank of America profit rises as it cashes in on higher interest rates

BNY Mellon beats profit estimates as higher rates boost interest income

Japan's SMFG is first global bank to sell AT1 bonds since C.Suisse wipeout

ASML beats estimates but sees some chipmaker caution

Credit Suisse says lost $68 billion in assets last quarter, outflows continue

Japan's Nidec posts first quarterly loss in 10 years

India's Adani Ports Starts Bond Buyback Worth $130M To Regain Investor Confidence

Credit Suisse sees $68 billion in assets flow out

McDonald's whips Q1 sales estimates with higher prices, more visits

Stocks fall, dollar gains await earnings litmus test

Santander Brasil posts Q1 net profit down 46.6%

Turkey cenbank gross reserves seen down $5 bln last week

Google Parent Alphabet Announces Stock Buyback Up To $70B, Shares Soar

StanChart profit tops forecasts on rising rates

Puma expects Q2 sales growth below full-year target after Q1 beat

Asian shares hesistant on banking jitters, US economic concerns

Samsung Expects Recovery In Chip Demand In Second Half

First Abu Dhabi Bank Posts Rise In Q1 Profit To $1.1B

AstraZeneca beats estimates on strong emerging market sales

Aker BP keeps dividend, guidance despite Q1 profit fall

Emirates NBD’s Q1 Profit More Than Doubles To $1.6B Helped

India's Wipro forecasts weak Q1 IT services rev

Al Ahli United Bank - Kuwait earnings rise 1.6% in Q1

KKR to invest $250 million more in India's Serentica Renewables

Astellas Pharma buys Iveric Bio for $5.9 billion

South Korea exports suffer longest losing streak in three years, China sales tumble

Sony shares tumble on weaker-than-expected annual outlook

BP profit rises to $5 bln as share buyback slows

Carlyle, India's Premji Invest eye stake in auto loan firm TVS Credit

Pepsi bottler Varun Beverages posts Q1 profit jump; announces stock split

London stocks kick off May on bright note after upbeat HSBC earnings

Porsche to raise prices further as profits jump

Growth in Middle East, Central Asia to slow amid global challenges

UAE Telecom Firm e& Reports 10.2% Drop In First-Quarter Profit Amid Decline In Revenue

Decline In Trade Deficit Helps Egypt Bring Down Its Current Account Deficit To $1.8B

Shell, Equinor profits beat forecasts as trading offsets lower energy prices

Capgemini posts weaker revenue growth in first quarter

Restaurant Chain Operator Americana Posts 19% Plunge In First-Quarter Earnings

China forex reserves rise to $3.205 trln in April

Stock Traders Hunt for Winners in Asia as Fed’s Policy Turns

Saudi Aramco’s Q1 Net Profit Tumbles Over 19% To $31.9B, Hit By Lower Oil Prices

HSBC reaches deal to buy out China fund partner

Britain's JD Sports to buy France's Courir in $572 mln deal

Stc Reports Record $4.9B First-Quarter Revenue On Diversified Investments

ADNOC To Divest 15% Stake In Logistics & Services Unit Via IPO

Grupo Mexico nearing $7 bln deal for Citi's Banamex unit

ADNOC Drilling's First-Quarter Profit Jumps 25% To $219M

China EV Maker Li Auto’s Shares Soar Nearly 14%

Egyptian Castle for Financial Investments incurs losses of 2.3 billion Egyptian pounds during 2022

Abu Dhabi Islamic Bank - Egypt's profits grew by 126.6% during the past 3 months

162 million shares of Telecom Egypt were sold for $122 million

UAE's TAQA Reports $3.2B In First-Quarter Net Profit

Euro zone Q1 GDP growth confirmed at 0.1% q/q

India's Kajaria Ceramics beats Q4 profit view on stronger demand

Indian rupee poised to halt three-day losing run on soft dollar

IMF approves $3 billion Ghana loan, with $600 million immediate payout

Charles Schwab to raise $2.5 bln through debt offering

Saudi’s ACWA Power Signs Deal Worth $100M To Develop Green Hydrogen Project In Uzbekistan

Russia's Sberbank reports record Q1 profit, raises forecasts

Chevron to buy PDC Energy in $7.6 billion deal

Private equity steps up lending as US banks pull back

UAE Business Organizations Identify About $2B Worth Of Investment In South Korea

Saudi-Based Seera Group Swings Back To Black In Q1 Amid Higher Travel Demand

QIA commits up to 1 bln riyals to local market-making program

India's Adani stocks rally after SEBI probe draws a blank on foreign links

ADNOC, TAQA Unveil $2.4B Project For Sustainable Water Supply To Onshore Operations

China's Lenovo revenue falls for third consecutive quarter as PC demand slumps

Fast-fashion giant Shein plans Mexico factory

Chipmaker Analog Devices forecasts weak third-quarter results, shares fall

Dana Gas Raises Foreign Ownership Limit To 100%

Asian stocks dip as investors question consequences of US debt deal

Telecom Egypt Posts 48% Rise In Q1 Revenue Thanks To Growth In Wholesale Units

TAQA, Engie, and EWEC close $620M Mirfa Desalination Project

Dubai Property Sector Expected To Attract $2.5B Investment From Wealthy People

WE Soda to sell at least $800 mln shares in rare London IPO

Mexico's Femsa to sell stake in Jetro for $1.4 bln- statement

Lucid to raise $3B via stock offering with majority from Saudi's PIF

Sugar group Tereos reports leap in core profit as prices rise

Today's Gold Prices in Egypt on Sunday, June 4th, 2023

Marna receives SAR 1.4 billion in Subscription Requests for its Shares in Saudi Arabia

Goldman Sachs Asset Management makes $600 mln bid for Norway's Froy

Apple's Key Supplier TSMC Expects 10% Revenue Decline In First-Half Revenue

ADNOC Drilling Acquires 2 Offshore Jack-Up Rigs For $220M To Support Fleet Expansion

Egypt's FX Reserves Up 0.3% to $34.7B in May on Asset Sales Revenue

India's Adani to slow down on dealmaking to focus on existing projects

Toshiba Supports $14B Buyout Offer From Consortium Led By Japan Industrial Partners

Saudi Arabia’s Economy Grows 3.8% In First Quarter Helped By Non-Oil Sector

Tesla considering building 4.5 billion euro car factory in Spain

Egypt aims to increase its petroleum exports by 15% to $21 billion in 2023

Egypt receives $1.7 billion in deposits from Arab countries

Saudi industrial production growth slows to 3.2% in April

Kuwait expands gas infrastructure with new strategic pipeline

Core inflation in Egypt climbs to 40.3% in May from 38.6% in April

Nasdaq to buy financial software firm Adenza for $10.5 billion

Glencore, Stellantis and Volkswagen back $1 billion deal to buy two mines in Brazil  

Altcoins worth $100 billion dropped in hot water

Indiana confirms GM, SDI will build $3 bilion EV battery manufacturing plant

Egypt to allocate $4.1 bln for food subsidies in 2023/24

ECB Calling In 500 Billion of Pandemic-Era Bank Loans

Vodafone and Three merger faces scrutiny from competition regulators

Nidec to form joint venture with Brazil's Embraer to make flying car parts

Algeria Unveils $1.9B Plan To Cut 10% Of Energy Consumption By 2030

Stocks rally stalls, eyes Powell testimony for rate clues

JD.com sales during China shopping festival beat expectations

World Bank Expected To Approve $700 Million Aid Package For Sri Lanka  

Hyundai to invest $85bn by 2032 in EVs

Canadian pension fund invests $400 mln in Swedish battery maker Northvolt

UAE Islamic Banks' Gross Assets Up 7.3% to $177B

TAQA of Abu Dhabi to acquire SWS Holding for $463M

Gulf stock markets mostly decline with attention on Powell's testimony

Mastercard unveils a worldwide initiative to recycle credit cards

Saudi Arabia's April Merchandise Exports Decline 25.2% Due to Decrease in Oil Shipments

ADNOC and G42 eye potential IPO of AI joint venture

Cash deposits at UAE banks increase by 5.5%

Credit Suisse investor group joins effort to demand higher UBS acquisition offer

Emirates NBD Launches Carbon Futures Trading Platform

UAE's Eltizam Asset Management To Merge With Aldar's Arm To Create MENA's Largest Property Management Firm

Genus Power teams up with GIC affiliate to finance smart metering ventures in India

Commodity Prices Dip As TSX Futures Open Lower, Investors Await Fed Minutes

Saudi Aramco plans to increase gas production by up to 60% by 2030

Jio to Ink $1.7 Billion 5G Equipment Deal With Nokia This Week

ADQ and BMO to acquire Minority stakes in Canadian Investment Management firm

Kuwait Projects Company issues $335.8 million sukuk

Qatari Investment Company wins Contract to Manage Parts of Queen Alia Airport

Ezz Steel suffers large losses in the first quarter

Yemeni riyal plunges to record lows against the dollar

Shell plans new gas drilling in Egypt's West Nile Delta

Japan's Current Account Surplus More Than Doubled in May

Alibaba and Tencent shares rise after China fines Ant Group  

Meta's Threads app surpasses 100 million users in 5 days, challenging Twitter's dominance

Gulf stocks rise ahead of key U.S. inflation data due Wednesday

Vedanta shares drop as Foxconn pulls out of $19.5 billion chip plant venture

Abu Dhabi Islamic Bank aims to raise up to $750 million in Sukuk issuance

Saudi Arabia’s PIF Wealth Fund Reports $11 Billion Loss

PepsiCo Raises Full-Year Revenue Forecast After Robust Q2 Results

Qatar's trade surplus shrinks in May on falling oil & gas prices

Morocco inks $1.6 bn LNG Deal with Shell to Meet Energy needs

Turkey triples fuel taxes to counter economic challenges

Egyptian debt insurance costs decrease to their lowest levels in 4 months

Zambian economy is expected to grow by only 2.7% in 2023

HDFC Bank's profit jumps 30% on strong loan, deposit growth

Nordea profit rises as higher rates offset negative currency effects

Infosys Signs $2 Billion AI and Automation Deal with Client

TSMC revenue expected to fall 27% as chip demand slows

ADNOC Gas inks $7 billion to $9 billion LNG deal with Indian Oil Corp

Nissan, Renault to announce restructured alliance deal in coming days

ASML Q2 earnings beat expectations, raises sales outlook on Chinese demand

Tesla's Q2 Profit Surges to $2.7 Billion, but Share Prices Fall in After-Hours Trading

TSMC Forecasts Lower 2023 Revenue Due to Weakening Demand

Chevron Reports Mixed Q2 Results But Beats EPS Estimates

TotalEnergies to acquire remaining 70% of Total Eren renewable energy company

GM Lifts Profit Outlook by Cutting Investment and Costs

PacWest Bancorp shares surge as Banc of California agrees to buy lender

Dubai Islamic Bank profit surges 18.4% driven by financing, investing activities  

Masdar acquires 49% stake in 1.6 bln euro Baltic Sea offshore wind farm

Emirates NBD Posts Record First Half Profit of $3.4 Billion, Up 130%

Samsung Shares Rise Despite 95% Profit Drop on Weak Smartphone Demand

Shell's Q2 Profit Plunges 56% on Falling Oil Prices, Refining Margins

TotalEnergies' Q2 Profit Drops on Lower Gas Prices, Refining Margins

Iberdrola Raises 2023 Profit Forecast as H1 Profits Grow 21%

Wall Street Prepares for Tightening of Big Credit

Cosumar Sells Wilmar's Stake for Over $600 Million in Restructuring Deal   

Mobily Reports 38% Jump in Q2 Profit Driven by Higher Revenues

Saudi Miner Ma'aden to Buy 10% Stake in Brazilian Miner Vale for $3.2 Billion

QNB Alahli's Egypt Profits Jump 55.1% in Q2 

Panasonic Q1 Profit Jumps 42% on Weaker Yen, Auto Sales

Foxconn to Build $194 Million Components Facility in India's Tamil Nadu

Saudi Economy Grows at Slower Pace of 1.1% in Q2 Hit by Declining Oil Activities  

Nomura Holdings Posts Higher Q1 Profit on Boost from Japanese Stock Rally

HSBC Profit Surges on Higher Interest Rates, Plans Fresh $2 Billion Buyback

Global Markets Resilient Despite Mixed Data, Investors Remain Positive

Arm Targets $60-$70 Billion Valuation for September IPO

Haleon Raises Annual Revenue Growth Forecast, Expects 7-8% Increase

Coca-Cola Europacific Partners to Acquire Philippines Business for $1.8B

London Stock Exchange's First Half Income Grows Despite Share Price Drop

DBS Group's Record Profit Driven by Higher Interest Rates and Fee Income

Japan's Government Pension Fund Gains Record $133 Billion in Quarter Two 

Saudi Wealth Fund's Assets Top $594 Billion in 2022

Abhi Bisarya become as Chief Product Officer | Crypto.com

Saudi Aramco's First Half Net Profit Declines 29.5% as Oil and Refining Businesses Take a Hit

Adani Renewable Energy Achieves Financial Closure for $1 Billion Mumbai Solar Project

Saudi Wealth Fund's Assets Surge Despite Slowdown in Overseas Investments

SoftBank Group reports smaller loss but misses profit estimates

China's Exports Experience Steep Decline of 14.5% in July, Signaling Slowing Economy

Woodside Energy Sells Stake in $12 Billion Scarborough LNG Project for $500 Million

Sony's Quarterly Profit Plunges 31% to $1.8B

Futures rise after selloff, all eyes on CPI data

Tata Capital Plans to Raise $3.4 Billion in Debt Financing in Fiscal 2023-24 - Official

Saudi PIF Launches New Entity to Enhance Efficiency in Facilities Management Sector

Egypt's Inflation Hits Record High of 36.5% in July Due to Soaring Food Prices

ACWA Power Records 26.3% Rise in H1 Net Profit to $182M on Increased Operating Income

TAQA Reports Drop in Q2 Profit amid Lower Energy Prices and Output

SoftBank in Talks to Buy 25% Stake in Arm ahead of IPO

Peter S. Promoted to Chief Executive Officer | BITmarkets

XS.com Chronicles: The power of one & two letter domains - X.com and its inspiring journey

Saudi Inflation Eases To 2.3% In July Despite Higher Rents

AD Ports Group Posts 66% Surge In Q2 Revenue On Growth In Business Volume, Diversification

ADNOC Gas, Japan Petroleum Exploration Ink 5-Year LNG Supply Deal

Rupee weakens but likely RBI intervention keeps losses in check

GQG Partners Said to Buy $1.1 Billion in Adani Power Shares

Tapestry Cuts Fiscal 2024 Forecast as Luxury Demand Slows in North America

Turkey Plans to Reduce Currency Protection Scheme as Lira Stabilizes

Anticipation for Saudi Government Sukuk Auction as US Treasury Yields Remain Below 4.20%

Emaar's Emirati Investments in Egypt Total $10 Billion

Most Egyptian Stock Market Indexes Rise in First Weekly Trading Session

Kuwait Airways to Lease Eight Airbus Jets Over Next Decade

Shares of Reliance's Financial Arm Jio Financial Services Fall 5% on Market Debut

SingTel's Q1 Profits Drop by 23% Due to Unfavorable Currency Fluctuations

Mohsin Siddiqui Appointed as Chief Operating Officer | Wahed

European shares rise at open as chipmakers rally; Ubisoft shines

Stc’s Tower Company Unit Signs €1.2bn Deal

Australian Treasurer voices concern over Chinese economic slowdown

Chinese oil refining giant Sinopec reports 20% fall in first-half net profit

Saudi Arabia's Oil And Gas Drilling Firm ADES Group Plans To Sell 30% Stake In IPO

EU Explores Clean Jet Fuel Projects in Africa to Support Sustainable Air Travel

BP Calls for Investments in Oil and Gas Production alongside Energy Transition

Ecopetrol Secures $1 Billion Credit Line to Fund Energy Transition Investments

Saudi Arabia's Foreign Reserves Drop to Lowest Level This Year

UBS reports over $28 billion profit in Q2 2023 boosted by Credit Suisse takeover  

Equals Money Celebrates 18 Years of Trusted Financial Services

SABIC Completes Sale of Stake in Saudi Iron and Steel Company to PIF

Egyptian Government Hedges 35% of Petroleum Needs to Counter Rising Global Oil Prices

Kuwait Appoints New Finance Minister Amid Economic Challenges

Shares rise, dollar loses some safe-have lustre as China mood brightens

Non-Oil Business Growth In UAE, Saudi Arabia Slows In August

US banks hold $3.3 trillion cash amid banking crisis, slowdown worries

Warner Bros Discovery expects lower core profit due to impact from strikes

ADNOC Takes Major Step Towards Decarbonization with Massive Carbon Capture Project

Property, Infrastructure Projects In Saudi Arabia Surpass $1.3T Mark

Qatar's Non-Energy Business Activity Continues To See Growth In August

Saudi's Economy Grows By Modest 1.2% In Second Quarter As Oil Activities Slide

ADNOC Gas Strikes LNG Supply Deal With PetroChina Valued Up To $550M

EU opens race to run its huge investment bank EIB

UK Commits $2 Billion to Green Climate Fund, Largest Funding Pledge to Date

Oil cut extension raises risk of Saudi economic contraction this year

Instacart seeks up to $7.7 billion valuation in IPO

Crypto derivatives volumes surge to $3.12 trillion in July

European shares muted, SAP drags Germany's DAX down

UAE's Financial Wealth To Reach $1.3T By 2027

Oracle Reports 9% Rise In Q1 Revenue To $12.5B, But Misses Expectations

Broadridge Appoints Paul Simpson as Vice Chairman of Global Technology and Operations

Asian stocks climb as traders shrug off inflation surprise

Adani in Talks for $3.5 Billion in Loans

Saudi Stock Exchange Launches Trading Indices for Company Sizes and IPOs

Dubai Aerospace Enterprise Completes Acquisition Of SKY Fund I Irish

UAE's Revenue Soared Nearly 32% In 2022, Says Finance Minister

Saudi Arabia’s Exports Drop Almost 35% In July As Falling Oil Shipments Continue

Toshiba To Go Private After JIP-Led Consortium Succeeds In Proceeding With $14B Buyout Plan

China state asset manager plans $14 bln emerging industry fund

London stocks kick off Q4 on higher note, BAE Systems shines

Rouble recovers slightly after slide past 100 vs dollar

Tesco raises profit outlook as UK shoppers get inflation respite

MultiBank Group Announces Record $112 Million Profit in Q3 2023

Metro Bank shares jump after deal to bolster finances

China's Country Garden eyes debt deal, Evergrande creditors anticipate liquidation

FTSE 100 bucks global weakness as oil prices jump on Middle East conflict

Samsung Electronics Third-Quarter Profit Falls 78% To $1.8B, Shares Rise

Exxon Mobil agrees to buy Pioneer Natural Resources for nearly $60 billion in all-stock merger

Dubai's Economy Expands 3.2% In First Half Of 2023 To Hit $60.9B

China's Economic Growth Eased In Third Quarter, Survey Finds

Japan chip tool maker Kokusai Electric raises $724 mln in IPO

China ramps up liquidity support to banking system

MENA Region’s Venture Funding Rises 32% To $250M In Third Quarter

MENA Banks Post 30% Growth In Net Profit In First Half

Goldman profit tops estimates as dealmaking cushions hit from GreenSky, real estate

BofA profit beats estimates on higher interest income, investment banking gains

ADNOC Gas Signs LNG Supply Deal With Japan's JERA Global Valued Up To $700M

Time for central bank digital currencies to prove their worth

Ten-year U.S. Treasury yield hits 5%

Goldman Sachs Asset Management raises $4 bln for infrastructure deals

Chevron to buy Hess Corp for $53 billion in all-stock deal

Chevron Purchases Hess in $53 Billion Oil Megadeal

Oman-Based OQ Gas Networks Jumps 13.6% In Debut Trading After $749M IPO

Investcorp Capital Plans To Sell 29.3% Stake In Abu Dhabi IPO

Dwindling Oil Shipments Drag Down Saudi Arabia's Exports By 23.4% In August

Stocks sag as disappointing earnings compound interest-rate headache

UAE's Alpha Dhabi Holding Acquires 51% Stake In Oil Field Services Firm NTS Amega Global

Battery Maker LG Energy Solution Posts 7.5% Rise In Q3 2023 Revenue, But Warns Of Slowing Demand

Egypt Relaxes Restrictions On Foreign Currency Credit Card Payments Abroad

TotalEnergies Post 35% Fall In Quarterly Net Profit To $6.5B Due To Lower Energy Prices

Emirates NBD Records 92% Jump In 9-Month Profit To $4.8B Boosted By Growth In Loans, Transaction Volumes

stc Group Posts Record $1.3B Net Profit In Third Quarter On Higher Revenue

Dubai Islamic Bank's Profit Rises 17.6% To $1.3B For First 9 Months On Higher Revenues, Cost Control

UAE Telecoms Operator e& Posts 17.5% Surge In Q3 2023 Profit On Higher Revenue, Record Subscribers

Most Gulf markets end higher after US job market softens

China to accelerate issuance of government bonds, finance minister says

Foxconn sticks to strong end-of-year sales outlook

Saudi Aramco net profit drops broadly as expected, shares inch up

Alaska Air to Acquire Rival Hawaiian for $1.9 Billion

Roche Acquiring Obesity Drug Maker Carmot for $3.1 Billion

Ericsson shares jump after AT&T deal win, Nokia drops

Perpetual's top investor bids $2 billion to take over the Australian fund manager

Russian central bank sees banks' profits shrinking next year from record high

Woodside and Santos in talks to form $52 billion Australian oil giant

Toshiba to invest in Rohm's new power chip plant in Japan's Miyazaki

Oracle tumbles as tepid forecast fans cloud growth concerns

German exports to CIS countries soar in first 10 months of 2023

China Nov bank loans rise less than expected, more easing expected

Country Garden sells stake in Dalian Wanda unit for $428 million

ADNOC buys OCI's entire stake in Vertiglobe for $3.6 billion

After wild year, euro zone is top pick of world bond markets

Wall Street ends higher, extending rate-cut rally

Hyundai Motor to sell Russian plant, will take $219-mln hit

China leaves lending benchmark rates unchanged as expected

European shares slip as Belgium's argenx slides; Telefonica lifts telecoms

India's Nifty 50, Sensex off to a muted start in 2024 as financials, IT weigh

Saudi sovereign wealth fund splashes cash in 2023

China Evergrande's EV share sale deal lapses

Iberdrola's Avangrid terminates $8.3 bln deal to buy PNM Resources

US plans $162 million award to Microchip Technology to boost production

Citi targets China investment bank unit launch, 30 new hires by end 2024

Bitcoin derivatives traders bet billions on ETF future

Futures ease after strong rally

China's exports seen improving in December as global trade picks up

Hewlett Packard Enterprise to buy Juniper Networks in $14 bln deal

Sparkling start puts spotlight on Nikkei in 2024

Vodafone signs $1.5 billion Microsoft deal for AI, cloud and IoT

TSMC's Q4 profit to slide 23%, focus on rebounding demand this year

Shell to exit Nigeria's troubled onshore oil after nearly a century

Aramco boosts venture arm's capital by $4 billion

Spot bitcoin ETFs draw nearly $2 billion in first three days of trading

TSMC bullish on AI demand, forecasts 20% revenue growth this year

Broadridge Appoints Chad Alderson as General Manager & GTO - Canada

Inflation in Kuwait Rises to 3.37% in December

Beijing's Economy Grows by 5.2% to $618.2 Billion

MIS is investing $5 million in Anthropic

Almarai's quarterly profits rose 4% to 370.7 million riyals

China moves to support yuan as stock markets tumble

Sony ends $10 billion deal to merge India assets with Zee

Most Gulf markets rise in early trade

France's Credit Agricole buys 7% stake in payments firm Worldline

World stocks pick up, China markets struggle

Bitcoin falls to $40,000, lowest level since bitcoin ETF launch

Major Gulf markets mixed on muted oil prices, regional tensions

VIEW China central bank acts to support markets, economy

Stocks climb on positive tech earnings

Dubai leads most Gulf markets higher

Stocks gain slightly, dollar rises against yen after BoJ decision

Guillaume Bremond "Visiomed" Stresses the Importance of Prevention in Healthcare Evolution

China Evergrande ordered to liquidate in landmark moment for crisis-hit sector

Egypt Reaches Preliminary Deal with IMF for an Expanded $7 Billion Loan Program

Foreign Direct Investment in Saudi Arabia Declines to 11 Billion Riyals in Q3

Sudden Stock Market Crash in Egypt Wipes Out 128 Billion EGP in Minutes

Nomura Reports Strong Q3 Financial Results with 16% QoQ Increase

Goldman Sachs Predicts $25 Billion Financing Gap for Egypt Over Next Four Years

Egypt's trade balance deficit widened to $3.1 billion in November 2023

KKR beats estimates with 4% rise in Q4 earnings

Stocks stay strong, BOJ caution trips yen

SoftBank-backed Cohesity to buy Veritas data security unit, create $7 billion firm

CIB Achieves Consolidated Profits of 41.6 Billion EGP in 2023

UAE's non-oil trade hit record 3.5 trillion dirhams in 2023

China c.bank leaves key policy rate unchanged under shadow of Federal Reserve

Macquarie plans to cut stake in UK's Cadent - FT

French finance minister to cut 2024 growth forecast

World shares just off record highs as inflation tests loom

AutoZone's second-quarter profit beat estimates amid DIY trend

Oil and gas upstream M&A deal value hits highest Q1 levels since 2017

South Africa's Standard Bank posts 27% jump in annual profit

Nvidia's dizzying rally spurs rush into AI-themed ETFs

Wall Street ends lower ahead of US data; dollar pressured by yen, yuan

US banks to see modest hit from deal to lower swipe fee by Visa, Mastercard

Saudi Arabia's net FDI at 13 billion riyals in Q4 of 2023

US cryptocurrency ETF inflows pick up as bitcoin price recovers

Mexico's Grupo Coppel to invest over $700 mln in 2024 to boost store network

India's Prestige Estates signs $240 mln residential projects deal with ADIA, Kotak AIF

SLB to buy ChampionX for $8 bln in energy sector consolidation

Japan's Itochu plans record 1 trillion yen investment to drive growth

China EV maker Nio urges openness in US speech amid tensions

Bitcoin Falls 8%, Drops Below $62K Before Rebound

BNP Paribas to acquire Fosun's 9% stake in Belgiuan insurer Ageas

Euro zone trade surplus surges y/y in Feb

Evonik beats market expectations with Q1 core profit

Bank of America profit falls on lower customer interest payments

South Africa faces upside risk to inflation, financial conditions

Tesla shares drop on price cuts in run-up to earnings

SK Hynix to invest $3.86 bln in DRAM chip production in South Korea

Tesla jumps as Musk's promise of 'more affordable' cars eases growth fears

Stocks and yen struggle as tech troubles weigh

AMERICAS Meta plunges, mega mining merger revealed

China's AgBank Q1 profit falls 1.63% as loan margins shrink

Dollar near five-month highs ahead of Fed policy decision

Mastercard profit rises on strong card spending by U.S. consumers

Perpetual to be broken up with name being sold to KKR in nearly $1 bln deal, AFR reports

Stocks boosted by U.S. rate relief; dollar elbows yen lower

BHP-Anglo American deal raises alarm in Japan's steel industry

Brazil's Eletrobras net income down 19% in Q1

France wins jobs at Morgan Stanley and other investments ahead of key summit

Arm Holdings plans to launch AI chips in 2025, Nikkei reports

China's ICBC to kick off TLAC bond sales with issuance of $4.15 bln

Stocks grind towards record highs in inflation-heavy week

UBS announces equity conversion provision for almost $5 billion in AT1 debt

Stocks near flat, dollar dips as focus shifts to US inflation data

Global equity index dips, yields rise with inflation data in focus

Hess shareholders sign off on $53 billion sale to Chevron

Zambia asks for IMF loan to be increased to $1.7 billion

Stocks gain on rate-cut wagers as ECB meeting looms

Wall Street set for higher open as rate-cut expectations tick up

Saudi Aramco shares trade higher after share offering

Norway wealth fund to vote against Musk's $56 bln Tesla pay package

Elliott takes nearly $2 billion stake in Southwest Airlines, WSJ reports

EU set to disclose tariff rates for Chinese electric vehicles

Euro slides to one-month low

GN Store Nord cuts forecasts after product line wind-down

Apple's AI push could reinvigorate iPhone sales as customers look to upgrade

France's Atos to sell Worldgrid unit to Alten for about $290 mln

Sterling ekes out gain as investors look beyond soft growth figures

Stellantis aims to increase dividend payout next year

Palantir downgraded, Micron PT hiked ahead of earnings

Asia shares dip into the red, yen on intervention watch

Prosus writes off its 9.6% stake in India's Byju’s

Covestro opens books to ADNOC over $12.5 bln takeover offer

Toyota sold $2 bln worth of cross-held listed shares in FY2023/24, filing shows

Ghana Bondholders to Forgo About $4.7 Billion of Their Claims

Onepoint withdraws from Atos restructuring talks, Kretinsky wants to rejoin

European shares gain, Aussie jumps, yen teeters near 160

Top four iron ore miners' carbon emissions reduction promises

Yen slumps to lowest since 1986, putting traders on red alert

Saint-Gobain agrees to buy FOSROC for around $1 billion

Asia M&A fees drop to 11-year low amid slow-cooked deals, data shows

Micron tumbles as AI revenue surge falls short of lofty expectations

Bruised yen mired near 1986 low with eye on intervention

BP halts hiring, slows renewables roll-out to win over investors

Major Gulf bourses track oil prices higher

Sylwester Jezierski Joins AvaTrade as Affiliate Manager

BlackRock to buy UK data group Preqin for $3.2 bln

Blackstone Reportedly Plans To Divest Its Stake In Japan Supplement Maker Alinamin For $2.2B

ADNOC Drilling Bags $733M Contract From Offshore Arm For 3 New Island Rigs At Zakum Field

UK's Vodafone and Virgin Media O2 say spectrum deal will boost competition

Bitcoin Price Drops Below $59,000 For The First Time Since April

General Motors Fined $146 Million After Cars Emitted Excess Carbon

Stocks extend record run, pound steady as UK votes

Japanese Firms To Sell Honda Shares Worth $3.3B To Dilute Cross-Shareholding

German exports fall more than forecast in May

Lucid's stock jumps by 25%

ADNOC Gas Awards 4th Phase Contracts Worth $550M

Deutsche Bank forecast to post quarterly loss, breaking profit streak

Gold rises with US rate cut optimism, approaching its May record high

TotalEnergies says oil production to hit high end of Q2 guidance

ASML beats Q2 earnings forecasts; bookings rise on AI demand

Asian bonds see foreign inflows for second month on hopes of Fed rate cut

Honda sets secondary share sale price at 3% discount in $3.16 billion deal

Samsung Signs Deal To Acquire British Startup Oxford Semantic Technologies

Nasdaq futures jump as TSMC results lift semiconductor shares

AmEx's revenue miss eclipses strong annual profit forecast

China's Central Bank Slashes Interest Rates By 10 BPS To Support Economy

FTSE 100 rebounds amid broader gains

As rates fall, European banks can still rise

Vodafone sells further 10% stake in Vantage Towers for 1.3 bln euros

UAE's du Posts 46.3% Surge In Second-Quarter Profit To $158M

US spot ether ETFs set to make market debut in another win for crypto industry

Dubai Economy Grows 3.2% In First Quarter

Dubai Islamic Bank's First-Half Net Profit Rises 8.6% To $919.7M

FTSE 100 extends declines as US tech earnings fail to impress; Aston Martin surges

UltraTech board approves deal to snare control of India Cement

India's Adani Total Gas posts Q1 profit rise on strong CNG demand

UAE-Based Al Ansari Financial Services To Acquire Bahrain's BFC Group Holdings For $200M

Qatar's Ooredoo Group Reports 3% Rise In First-Half Revenue To $3.2B

Japan's Advantest hikes FY profit outlook by 53%

HSBC shares rise on $3 bln buyback

Shell’s First-Half Net Profit Drops 8% To $10.9B

European shares lower on earnings, bonds boosted after Fed, BoE

Delay to Nvidia's new AI chip could affect Microsoft, Google, Meta, the Information says

India's Adani Energy raises $1 bln; gets bids from US investors, sovereign wealth funds

Saudi Aramco Becomes Majority Shareholder In Petro Rabigh

Savannah Energy terminates $1.25 bln Petronas South Sudan deal

How MENA Banks Can Embrace Digital Investment Solutions

UBS posts $1.1 billion net profit in Q2, easily beating forecast

Bitcoin price today: rises to $61k amid rate cut hopes

UBS puts $2 bln Credit Suisse real estate fund into liquidation

Analysis-US regional bank deals rise as lenders aim to bolster balance sheets

Sibanye finalises $101 mln gold prepayment deal

Foreign investors ditch India's pricey stocks, opt for new issues

Banque du Caire Announces Increase in Its Capital in Uganda

Stocks near all-time peaks as Nvidia earnings loom

Asian shares track Wall Street futures lower as Nvidia disappoints

Tickmill Hits $135 Billion in MENA Trading Volume

UAE Achieves $39 Billion Budget Surplus in 2023

Amazon says exports from India-based sellers to cross $5 bln in 2024

Tesla shares gain on plans to launch Full Self-Driving in Europe, China

Oracle shares jump as AI push perks up cloud demand

UBS vows to uphold loan volumes in Switzerland of more than $400 bln

OneRoyal Becomes the Official Sponsor of Bourj FC

  • Thursday 12th September 2024

Saif Awwad Promoted to Sales Manager | INGOT Brokers

  • Monday 16th September 2024

Exness Wins Best Forex Introducing Broker Provider Award at South Africa Summit 2024

  • Wednesday 18th September 2024

Success of the Smart Vision Summit: An Unprecedented Investment Gathering in South Africa

  • Monday 16th September 2024

MUFG Appoints Yoshi Katsuda as Regional Head for Middle East

  • Wednesday 18th September 2024

Zaid Aloul Promoted to CCO For Middle East | GTN

  • Wednesday 18th September 2024

Strategic Partnership Boosts UAE’s Non-Oil Global Trade Expansion

  • Wednesday 18th September 2024

Arkadius Materla Joins CEO | Trive Hub Europe

  • Wednesday 18th September 2024

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