by Jibran Munaf | July 2, 2024 | Breaking, News
The European Central Bank (ECB) needs more time to ensure inflation is steadily moving towards the 2% target, and current economic conditions suggest that further rate cuts are not urgent, ECB President Christine Lagarde stated on Monday. In June, the ECB reduced...
by Jibran Munaf | June 28, 2024 | Breaking, News, Trending Now
India’s market regulator on Thursday warned of rising risks from a surge in derivative trading volumes, with small investors jumping in to trade risky options contracts. A booming Indian stock market has drawn retail investors to the riskiest corners of the...
by Jibran Munaf | June 26, 2024 | Breaking, News
The Central Bank of the UAE (CBUAE) has issued the Sandbox Conditions Regulation, which aims to attract start-ups and global fintech businesses and create an attractive environment for the financial sector that supports creativity and innovation within a regulatory...
by Jibran Munaf | June 25, 2024 | Breaking, Economy, News
The UAE has captured 45.4% of the total foreign direct investments (FDIs) flowing into the Arab states. The UAE has emerged as a leading global destination for investment, capturing 45.4% of the total foreign direct investments (FDIs) flowing into the Arab states,...
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 21, 2024 | Breaking, Economy, News
Global foreign direct investment (FDI) saw a decline in 2023 due to increasing geopolitical tensions and a slowing global economy In 2023, global foreign direct investment (FDI) decreased by 2 percent to US$1.3 trillion, according to the latest World Investment Report...