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    Investors lap up Zomato’s India IPO with bids of $46 billion

    16 Jul 2021

    A stock offering by Indian food delivery startup Zomato drew bids worth $46.3 billion as it was more than 38 times oversubscribed on Friday, signalling investors were bullish about the fast-growing sector.

    India’s auto sector goes into a tailspin this year

    10 Nov 2019

    Suzuki Motor Corp said it was no longer gung-ho about India’s auto market, the world’s fourth-largest, where it has seen relentless growth in the past seven years. And the parent of the country’s biggest car maker is not alone.

    DIEDC, accounting body sign MoU to collaborate on Islamic finance

    10 Nov 2019

    Dubai Islamic Economy Development Centre (DIEDC) and the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) have signed a memorandum of understanding (MoU) to explore the latest developments,

    AD CP underlines importance of Abu Dhabi as global energy hub

    10 Nov 2019

    His Highness Sheikh Mohamed Bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, on Sunday attended the 4th Abu Dhabi CEO Roundtable,

    Indian consumer demand falls for first time in decades: Report

    15 Nov 2019

    Consumer spending in India has slumped for the first time in four decades, a leading business daily reported on Friday, bringing more bad news for Prime Minister Narendra Modi as he struggles to revive a stuttering economy.

    Japan’s economy nearly stalls in Q3, growth at one-year low

    14 Nov 2019

    Japan’s economy ground to a near standstill in the third quarter with growth at its weakest in a year as the US-China trade war and soft global demand knocked exports,

    US inflation firms on rising healthcare and energy costs

    14 Nov 2019

    US consumer prices jumped by the most in seven months in October, which together with abating fears of a recession, support the Federal Reserve’s signal for no further interest rate cuts in the near term.

    Investors conference explores shape, depth of opportunities

    14 Nov 2019

    Under the patronage of Prince Salman Bin Hamad Al Khalifa, the Crown Prince, Deputy Supreme Commander and First Deputy Prime Minister, Investcorp opened its Investors Conference at a hotel in Bahrain.

    Saudi Industrial Development Fund, French company sign deal

    14 Nov 2019

    ENGIE announces the signing of a Memorandum of Understanding (MoU) with the Saudi Industrial Development Fund (SIDF) to develop local talent and enhance the partnership between the two organisations.

    UK economy grows at slowest annual pace in nearly a decade

    11 Nov 2019

    Britain’s economy grew at its slowest annual pace in nearly a decade during the three months to September as the global slowdown and Brexit worries hit manufacturing and business investment, official figures showed on Monday.

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