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...
Dubai, March 16, 2020: Young adults in the UAE are increasingly inclined to buy a product based on social media influencers’ recommendations. In fact, 46.59% of...
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...
As the S-Class of SUVs, the new Mercedes-Benz GLS embodies luxury, confidence and intelligence with the character of an off-roader. The interior is a synthesis of...
(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...
(Bloomberg) — Saudi Aramco is slashing planned spending this year in the first sign that plunging demand and the oil-price war the kingdom unleashed are hitting home....
