Wealth

Saudi ACWA Power expands portfolio with $693m acquisitions in Bahrain, Kuwait

the financial - 21 February, 2025

RIYADH: Saudi utility giant ACWA Power has strengthened its portfolio by acquiring a $693 million stake in power generation and water desalination companies in...

India may hike GST on cigarettes, tobacco products after compensation cess ends: Report

the financial - 21 February, 2025

Currently, cigarettes and tobacco products attract a 28 percent GST, in addition to a compensation cess and other levies, taking the total indirect tax...

HP Telecom India, Swasth Foodtech IPOs open for subscription today

the financial - 21 February, 2025

On February 28, HP Telecom India will make its debut on the NSE Emerge, while the trading in Swasth Foodtech shares will commence on...

Wealth

These 3 US Presidents Would Have Bought Bitcoin: Historian

the financial - 27 February, 2024

As Presidents’ Day is celebrated in the United States, it prompts speculation about whether previous leaders of the country would have been interested in Bitcoin...

Wealth

Emaar Development property sales jump 22% to Dh37.4 billion in 2023

the financial - 12 February, 2024

Emaar Development, a majority-owned subsidiary of Emaar Properties, said property sales in 2023 jumped 22 per cent to Dh37.4 billion compared to Dh30.7 billion...

Wealth

Saudi Fund for Development CEO Meets with Health, Higher Education Ministers of Benin

the financial - 12 February, 2024

The CEO of the Saudi Fund for Development (SFD), Sultan Al-Marshad, and his accompanying delegation had separate meetings today with Minister of Health of...

Wealth

Dubai South records highest-ever business aviation movements in 2023

the financial - 12 February, 2024

The Mohammed bin Rashid Aerospace Hub (MBRAH) at Dubai South continues to achieve outstanding private jet movements, with a record 16,657 movements in 2023,...

Wealth

HABIB UPDATES FINANCE MINISTER ON ARAB LOAN DEVELOPMENTS

the financial - 7 February, 2024

Housing Bank Chairman, Antoine Habib, on Tuesday paid a visit to Caretaker Minister of Finance, Youssef Khalil, at his office in the ministry, accompanied...

Wealth

Mortgage rate cuts continue despite economic fears

the financial - 5 February, 2024

Mortgage rates are continuing to fall despite some concern that upheaval in the Red Sea could hit the UK economy. The average rate on a...

Wealth

Gold prices slide on Monday

the financial - 5 February, 2024

Gold prices fell on Monday, as the dollar and Treasury yields surged after a blowout US jobs report crushed expectations of near-term interest...

Wealth

Fintech firms fast outpacing banks in consumer loans, line up big plans..

the financial - 22 January, 2024

Fintechs are moving fast into the consumer durables space as banks take a backseat. Consumer durable loans disbursed by scheduled commercial banks have witnessed a...

Wealth