by Jibran Munaf | September 15, 2024 | Editorials, Expert Analysis, Finance, Thought Leadership
Comments provided by: Giorgi Agladze, Chief EMEA Officer of BKN301 Group Credit cards, which were once deemed the cornerstone of the financial world, are steadily giving way to alternative payment modalities, redefining consumer behaviour and the broader financial...
by Jibran Munaf | September 14, 2024 | Commodities, Currencies, Finance, Markets
The U.S. dollar dropped to its lowest point of the year against the yen, and gold surged to a record high on Friday as shifting expectations for a significant Federal Reserve interest rate cut drove market movements. Investors are now weighing the likelihood of a...
by Jibran Munaf | September 13, 2024 | Corporate Finance, Technology
OpenAI is reportedly in discussions with investors to raise $6.5 billion in new funding at a pre-money valuation of $150 billion, according to sources cited by Bloomberg. This figure marks a significant jump from the AI company’s last reported valuation of $86...
by Jibran Munaf | September 8, 2024 | Corporate Finance, Markets
Shares of Dell and Palantir surged around 7% in extended trading on Friday following an announcement from S&P Global that both companies will be added to the prestigious S&P 500 index. Palantir, a software maker, will replace American Airlines, while Dell will...
by Jennifer George | September 3, 2024 | Insurance, News
The National Bank of Ras Al Khaimah, formally recognized as RAKBANK has announced the launch of Protego, an insurance aggregator platform poised to revolutionize how users navigate insurance in the UAE. Protego Insurance Brokers L.L.C is a 100% subsidiary of the...
by Jibran Munaf | September 2, 2024 | Finance
Arabian Mills for Food Products Company (Arabian Mills) has announced a price range for its upcoming initial public offering (IPO) on the Saudi stock exchange, targeting a capital raise between 954 million and 1.01 billion Saudi riyals ($255-$271 million). The company...
