by Jibran Munaf | June 28, 2024 | News, Real Estate
Recognising the growing demand for digital infrastructure worldwide, Damac has been expanding its presence in this critical area. Damac Group, a leading conglomerate known for its diverse investment portfolio, including luxury real estate, hospitality, property...
by Jibran Munaf | June 27, 2024 | Corporate Finance, Industry, News
Amazon.com Inc. surpassed $2 trillion in market value for the first time during afternoon trading on Wednesday. The rise in Amazon’s stock market valuation comes shortly after Nvidia hit $3 trillion, briefly becoming the most valuable company on Wall Street....
by Jibran Munaf | June 26, 2024 | News, Retail, Trending Now
U.S. consumer confidence eased slightly in June amid worries about the economic outlook, but households were upbeat about the labor market and their inflation expectations over the next year improved a bit, a survey showed on Tuesday. The Conference Board said that...
by Jibran Munaf | June 26, 2024 | News, Real Estate, Trending Now
Western Saudi Arabia has the biggest real estate development plan at $692 billion A new report by real estate consultancy Knight Frank estimates the total value of giga projects launched by Saudi Arabia under its Vision 2030 economic diversification program at $1.25...
by Jibran Munaf | June 25, 2024 | News, Retail
The Chinese-founded company was valued at $66 billion in a fundraising round last year. Shein has confidentially filed papers with Britain’s markets regulator in early June for a potential London listing, according to two sources, as the online fast fashion...
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...
