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Emirates Central Cooling Systems Corporation (Empower) has announced the price range and start of the subscription period for its Initial Public Offering (IPO) on the Dubai Financial Market (DFM). The...
The US Federal Reserve is pegged to make a fourth straight steep hike in the key interest rate this week as it battles surging costs, with its aggressive stance fueling...
V Nagarajan India’s top seven cities recorded new unit launches of around 93,500 units in the Q3 of 2022 as against 82,100 units in the Q2 of 2022, up by14...
HSBC named Georges Elhedery as its new chief financial officer on Tuesday in a surprise move that puts the former head of its investment bank in pole position to eventually...
Global stocks and the pound climbed on Monday as markets reacted to the news that former finance minister Rishi Sunak would become Britain’s new prime minister. European and American equities...
The US government reported that its fiscal 2022 budget deficit plunged by half from a year earlier to $1.375 trillion, due to fading COVID-19 relief spending and record revenues fueled...
Arada has successfully closed a $100 million tap of its existing $350 million Sukuk, which was issued in June and listed on the London Stock Exchange. The tap was priced...
Finance Minister Nirmala Sitharaman has reiterated that the inflation rate, which is hovering over 7 per cent in India, is “at a manageable level” compared to where some other countries...
Citing the deteriorating global scenario, the World Bank downgraded India’s GDP forecast for the current fiscal to 6.5 per cent. In June 2022, it had projected that Indian economy will...
Abu Dhabi Securities Exchange (ADX) achieved its fifth dual listing with the market debut on Friday of Gulf Investment House (GIH), a Kuwait-based financial services company. The dual listing on...