DIFC Settles $700 Million Sukuk as Development Grows
by The Dubai International Financial Centre (DIFC) has repaid a $700 million sukuk, a significant milestone in its ongoing development efforts. This bond, originally issued to …
Tag: Grows
After Spain’s Deadly Floods, Search for the Missing Grows Desperate
A week after catastrophic floods, some families are unsure if their relatives are alive. Late on Tuesday, the government said that 89 people were missing …
Collaboration Between Banks and FinTech Grows With Central Bank Digital Currencies in UAE
The adoption of Central Bank Digital Currencies (CBDCs) in the UAE is fostering closer collaboration between financial institutions and FinTech companies, marking a transformative shift …
Nvidia Set to Replace Intel in Dow Jones Index as AI Dominance Grows
Certainly, I’ll create this news report for you. One moment, please. The Dow Jones Industrial Average, a long-established benchmark reflecting the U.S. stock market, is …
Russian Oil Flows Through Western ‘Price Cap’ as Shadow Fleet Grows
A report shows how Russia has largely evaded sanctions aimed at limiting its revenue from oil sales.
Three Mile Island Plans to Reopen as Demand for Nuclear Power Grows
The infamous plant, closed since 2019, is getting a new lease on life after Microsoft agreed to buy its electricity to supply a growing fleet …
Transworld Business Advisors Grows Middle East Coverage with GCC Expansion
Expansion reinforces commitment to economic growth and business advisory services in underserved GCC markets. West Plam Beach, Fla: Transworld Business Advisors (Transworld), the world’s largest …
California Park Fire grows to over 400K acres
Firefighters fighting the Park Fire in northern California have the more than 400,000-acre blaze 34% contained, though hot and dry conditions are expected to present …
Middle East M&A Activity Grows Slightly in 2024
Merger and acquisition (M&A) activity in the Middle East and North Africa (MENA) experienced a modest 1 percent growth year-over-year during the first half of …
Microsoft Profit Jumps 10%, but Cloud Computing Grows Less Than Expected
The tech giant’s revenue also grew 15 percent, but Wall Street is watching whether its investment in A.I. is paying off for its cloud computing …