by Alifiya H Ujjainwala | October 28, 2024 | News
Lulu Retail Holdings PLC has announced the launch of its Initial Public Offering (IPO) on the Abu Dhabi Securities Exchange (ADX). The subscription period for the IPO, which is open to both retail and institutional investors, will begin today, until November 5, 2024....
by Alifiya H Ujjainwala | October 28, 2024 | News
In a devastating turn of events over the weekend, Israeli forces killed 53 individuals in Gaza and 21 in Lebanon. UN Secretary-General António Guterres expressed deep concern regarding the scale of casualties and destruction in Gaza, where over 1,000 people,...
by Jennifer George | October 28, 2024 | Economy, Industry, News
Data from the National Bureau of Statistics outlined the worrying decline in China’s industrial profits in September. The findings highlighted the crippling ripple effects of China’s sluggish economic growth on its robust industrial sector, which accounts...
by Jennifer George | October 28, 2024 | Commodities, Markets, News
On Monday, oil prices shrugged more than 4% as a result of Israeli strikes on Iran during the weekend. Futures for global crude benchmark Brent slid 4.34% to $72.75 a barrel, while U.S. West Texas Intermediate futures dropped 4.54% to $68.52 per barrel. Israel...
by Alifiya H Ujjainwala | October 28, 2024 | News
A ray of hope for daily commuters who tackle traffic – Dubai’s Roads and Transport Authority (RTA) has approved a major upgrade for the Trade Centre Roundabout, one of the city’s busiest intersections. This AED696.414 million project will involve...
by Alifiya H Ujjainwala | October 28, 2024 | News
Starting November 1st, motorists in Sharjah will have to pay for parking until midnight in zones marked with blue signs. This change applies to all 7-day zones, where fees are charged every day of the week. Previously, paid parking was from 8 AM to 10 PM. The extended...
