Reuters
TMT
Desert Venture acquires Saudi-based entertainment firm
The company behind Saudi Arabia's vast Qiddiya sports and entertainment complex near Riyadh will take over entertainment business SEVEN, in ......
Economy
China-Gulf free trade talks stall on Saudi industrial agenda
Negotiations between China and an Arab bloc for a free trade agreement have stalled over concerns by Saudi Arabia that ......
Infrastructure
Emirates Group arm dnata looking at overseas inorganic growth
Emirates Group's dnata, which provides airport and travel services in over 30 countries, is looking at merger and acquisition (M&A) ......
Markets
SEBI plans tighter rules for listing of small businesses
India’s markets regulator and exchanges will tighten rules for public offers of small and medium enterprises (SMEs), according to two ......
Markets
Foreign equity investors turn to hedging on India election jitters
Foreign investors are loading up on options to hedge their equity portfolios against a slide in benchmark indexes as they ......
Manufacturing
Hindalco unit Novelis makes US IPO filing public
Aluminum products maker Novelis, owned by Indian conglomerate Aditya Birla Group's Hindalco Industries, made public its filing for an initial ......
TMT
UAE-based institute unveils new AI tool to rival big tech
A government research institute in the United Arab Emirates on Monday released a new open source GenAI model, which could ......
Finance
Zomato's Q4 profit falls below analyst expectations, advertising spends higher
Indian food delivery platform Zomato reported a smaller-than-expected quarterly profit on Monday, hurt by surging advertising expenses as it grappled with intensifying ......
Finance
SoftBank posts profit for second straight quarter but remains in red for full year
Technology investor SoftBank Group swung to a net profit in the final quarter of its financial year, it said on ......
Markets
Sensex, Nifty log worst week since mid-March as volatility, foreign selling weighs
Indian shares ended higher on Friday, but logged their worst week in eight as concerns over the outcome of ongoing ......
