MIC Capital Partners – owned and managed by Mubadala Capital, a unit of Mubadala Investment Co – has acquired a 3.4 per cent stake in London-listed...
The Central Bank of the UAE (CBUAE) has cut interest rates, following US Federal Reserve cuts to mitigate the economic impact of Coronavirus (COVID-19) Effective from...
The Abu Dhabi Executive Council (ADEC) has announced a number of new initiatives to support businesses during the current health crisis created by the fast-spreading Coronavirus...
The UAE Exchange has temporarily suspended any new transactions at all of its branches and its online platforms. According to an e-mail statement, the temporary suspension...
(Bloomberg) — Gold jumped after the Federal Reserve cut its benchmark interest rate by a full percentage point to near zero, sending U.S. equity futures tumbling, and...
(Bloomberg) — Oil’s spectacular collapse deepened as investors weighed measures by governments and central banks to help shore up the global economy against the spreading coronavirus with...
(Bloomberg) — Most equity markets in the Middle East fell on Sunday, despite efforts by central banks across the region to protect economies from shocks related to...
Aldar – the leading Real Estate Developer in Abu Dhabi – will invest AED2 million in Abu Dhabi’s first social impact bond as part of a...
Arab India Spices, world’s second-largest pulses processor, has joined the list of companies investing in Hamriyah Free Zone with the construction of grain storage warehouses at...
(Bloomberg) — With the coronavirus outbreak rewriting the rules of the global economy, the Federal Reserve is under increasing pressure to keep the flow of support coming...
