by Jibran Munaf | June 25, 2024 | Investment Banking, News, Wealth Management
Hedge funds are increasingly optimistic about the UK, boosting bets for a stronger pound to the highest in nine months on hopes that the upcoming election will cement the country’s shift to more stable, centrist policies. Hedge funds and leveraged investors are...
by Jibran Munaf | June 25, 2024 | Breaking, Industry, Mergers & Acquisitions, News
German chemicals firm Covestro is giving ADNOC access to its books and stepping up talks based on an improved €11.7 billion ($12.5 billion) takeover offer, following more than a year of courtship by the Emirati energy company. Covestro, a manufacturer of plastics and...
by Jibran Munaf | June 20, 2024 | Breaking, Fintech, Mergers & Acquisitions, News
Abu Dhabi Islamic Bank (ADIB) partners with DIFC Innovation Hub to accelerate FinTech adoption Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, has announced a strategic collaboration with the DIFC Innovation Hub, the premier financial...
by Jibran Munaf | June 20, 2024 | Banking, Currencies, Economy, Finance, News
Investors await central bank decisions from the UK, Switzerland, and Norway amidst steady currency movements The British pound held broadly steady on Thursday as markets awaited a rate decision from the Bank of England (BoE) later in the day. The dollar was similarly...
by Admin | May 12, 2024 | Banking
ADNOC Gas has unveiled its financial results for the first quarter of 2024, showcasing significant improvements in key financial metrics. The company’s adjusted net income surged by 21 percent year-on-year (Y-o-Y) to AED4.36 billion ($1.187 billion), while its...
