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Reuters

Abu Dhabi's IHC to hold buyback of up to $1.36 bn

Finance

06 May, 2024

Abu Dhabi's IHC to hold buyback of up to $1.36 bn

International Holding Company (IHC), Abu Dhabi's largest listed company, said on Monday it would buy back up to 5 billion ......

Shell in talks to sell its Malaysia fuel stations to Aramco

Infrastructure

06 May, 2024

Shell in talks to sell its Malaysia fuel stations to Aramco

Energy giant Shell is in talks with Saudi Arabia's state-owned Saudi Aramco to sell its gas station business in Malaysia, ......

Sensex, Nifty end lower on Friday, capping gains for the week

Finance

03 May, 2024

Sensex, Nifty end lower on Friday, capping gains for the week

Indian shares dropped on Friday, as profit booking emerged after the Nifty 50 scaled a record high, trimming weekly gains ......

SEBI sends notices to seven Adani companies citing regulatory violations

General

03 May, 2024

SEBI sends notices to seven Adani companies citing regulatory violations

India's markets regulator has sent notices of regulatory violations to seven companies of the Adani conglomerate, including its flagship Adani ......

Qatar economy grew 1.2% year on year in Q3 2023

Economy

02 May, 2024

Qatar economy grew 1.2% year on year in Q3 2023

The Gulf state of Qatar's real gross domestic product (GDP) increased 1.2% year on year in the third quarter of ......

Aramco chief's election as BlackRock director faces opposition from pension fund

Finance

02 May, 2024

Aramco chief's election as BlackRock director faces opposition from pension fund

A pension fund for New York City employees urged BlackRock's shareholders to vote against the election of Saudi Aramco's chief ......

Janus Henderson buys of Kuwaiti bank's alternative investment business in Mideast foray

Finance

02 May, 2024

Janus Henderson buys of Kuwaiti bank's alternative investment business in Mideast foray

Global asset manager Janus Henderson plans to buy National Bank of Kuwait's alternative investments business in a deal that is ......

Abu Dhabi AI company Presight takes majority stake in tech venture AIQ

TMT

02 May, 2024

Abu Dhabi AI company Presight takes majority stake in tech venture AIQ

Artificial intelligence company Presight AI Holding has acquired a majority stake in AIQ, a technology joint venture between Abu Dhabi ......

Freshworks hires ex-Dropbox exec as CEO, founder Mathrubootham to be chairman

People

02 May, 2024

Freshworks hires ex-Dropbox exec as CEO, founder Mathrubootham to be chairman

Freshworks said on Wednesday that Dennis Woodside will take over as CEO of the CRM software maker, and founder Girish ......

Jindal Stainless to invest $647 mn for expansion

Manufacturing

01 May, 2024

Jindal Stainless to invest $647 mn for expansion

Jindal Stainless said on Wednesday it is investing nearly 54 billion rupees ($646.6 million) for acquisitions and capacity expansion. The company ......