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2 weeks ago | 
zawya.com | Federico Maccioni |Hadeel Al Sayegh
DUBAI: Markets in the United Arab Emirates, the Israeli shekel and some government bonds across the region came under pressure on Friday after Israel launched widescale strikes against Iran, raising the prospect of more turmoil ahead. Israel said on Friday it had targeted nuclear facilities, ballistic missile factories and military commanders and that this was the start of a prolonged operation to prevent Tehran from building an atomic weapon.
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3 weeks ago | 
kfgo.com | Hadeel Al Sayegh |Federico Maccioni
By Hadeel Al Sayegh and Federico MaccioniDUBAI (Reuters) -Dubai party hotel operator FIVE Holdings is considering listing in London or New York, three people with knowledge of the matter said. The company, which owns the Pacha hotel and nightclub, has been exploring an initial public offering in Dubai, it has said. Chairman and founder Kabir Mulchandani said last year the company was worth up to $3 billion and was considering a dual listing. He did not name possible locations.
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3 weeks ago | 
today.westlaw.com | Hadeel Al Sayegh |Federico Maccioni |Barbara Lewis
DUBAI (Reuters) -Dubai party hotel operator FIVE Holdings is considering listing in London or New York, three people with knowledge of the matter said. The company, which owns the Pacha hotel and nightclub, has been exploring an initial public...
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1 month ago | 
businesslive.co.za | Julie Zhu |Hadeel Al Sayegh |Helen Reid
Support our award-winning journalism. The Premium package (digital only) is R30 for the first month and thereafter you pay R129 p/m now ad-free for all subscribers. Shein items on sale in Liverpool, Britain, December 14 2024. Picture: PHIL NOBLE/REUTERS Hong Kong/Dubai/London — Shein is working towards a listing in Hong Kong after the online fast-fashion retailer’s proposed initial public offering (IPO) in London failed to secure the green light from Chinese regulators, sources said.
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1 month ago | 
today.westlaw.com | Kevin Liffey |Elaine Hardcastle |Hadeel Al Sayegh |Federico Maccioni
DUBAI (Reuters) -The United States and United Arab Emirates have finalised a technology framework agreement that is expected to be signed later on Thursday during President Donald Trump's last stop of his three-country Gulf tour, a source with...
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1 month ago | 
globalnews.ca | Hadeel Al Sayegh |Manya Saini
Saudi oil giant Aramco, a longtime cash cow for the kingdom, expects oil demand to remain resilient this year and sees further upside if the U.S. and China successfully resolve their trade dispute. Washington and Beijing agreed to temporarily slash reciprocal tariffs earlier on Monday, in a deal that surpassed expectations as the world’s two biggest economies seek to end a damaging trade war that has stoked fears of recession and roiled financial markets.
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1 month ago | 
zawya.com | Saliou Samb |Hadeel Al Sayegh |Maxwell Akalaare Adombila
CONAKRY - The Guinean government's move to revoke Emirates Global Aluminium's (EGA) mining license stemmed from the company's failure to fulfil its commitment to construct an alumina refinery, people familiar with the matter have told Reuters. Reuters reported on Wednesday that Guinea has launched a process to revoke the EGA licence, escalating a dispute that began in October with the suspension of the Emirati company's bauxite exports and mining operations.
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1 month ago | 
zawya.com | Hadeel Al Sayegh |Manya Saini
ECONOMYGrowth supported by activity in the non-oil sectorMay 1, 2025DUBAI - Saudi Arabia’s economy grew in the first quarter, supported by activity in the non-oil sector as the kingdom pushes on with diversifying away from hydrocarbons. The kingdom's real gross domestic product (GDP) increased 2.7% year-on-year in the first quarter, flash estimates by the government's statistical authority showed on Thursday.
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2 months ago | 
ca.marketscreener.com | Amy-Jo Crowley |Hadeel Al Sayegh |Paul Sandle
LONDON (Reuters) -Banijay, the French TV production group behind "Big Brother" and backed by the Arnault family, has held discussions about a possible offer for British broadcaster ITV's studio business, two people familiar with the matter told Reuters. Banijay has also explored a full takeover of ITV, which would involve securing investment from a third party, the first person said.
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2 months ago | 
zawya.com | Jana Choukeir |Hadeel Al Sayegh
DUBAI: Kuwait has begun taking executive steps to merge two of its state-owned oil firms, news agency Kuna reported on Tuesday, as the OPEC producer seeks to restructure its energy industry. Kuwait National Petroleum Company (KNPC) plans to acquire Kuwait Integrated Petroleum Industries Company (KIPIC), Kuna reported citing KNPC Chief Executive Officer Wadha Al-Khateeb. KNPC is in charge of Kuwait's refining industry while KIPIC is responsible for facilities at the Al Zour refinery.
