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1 week 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.
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2 weeks ago | 
zawya.com | Manya Saini |Hadeel Al Sayegh
DUBAI - Dubai-based Mashreq has entered a partnership with Goldman Sachs Asset Management to offer discretionary investment services and tap growing demand for professionally managed portfolios in the Gulf. As the number of high-net-worth individuals, keen for sophisticated investment strategies, increases in the region, a joint statement said services resulting from the collaboration would be available from this month.
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1 month ago | 
streetinsider.com | Hadeel Al Sayegh |Federico Maccioni
1. NVDA2. HIMS3. WLK4. XYZ5. BABA6. DPZ7. CROX8. SPY9. APO10. MRK Tweet Share E-mail0 shares FILE PHOTO: An Etihad Airways plane lands at Heathrow during Storm Isha in London, Britain, January 22, 2024.
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2 months ago | 
sg.finance.yahoo.com | Federico Maccioni |Hadeel Al Sayegh
By Federico Maccioni and Hadeel Al Sayegh DUBAI (Reuters) - Etihad Airways more than tripled its net profit last year to $476 million, the carrier, which sources say is set for an initial public offering this quarter, said on Wednesday. Earnings were boosted by $5.7 billion in passenger revenue and $1.1 billion in cargo revenue, the company said, also citing "significant operational efficiency improvements".
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2 months ago | 
today.westlaw.com | Jan Harvey |Shilpi Majumdar |Prerna Bedi |Hadeel Al Sayegh
(Reuters) - HSBC on Tuesday agreed to sell its retail banking operations in Bahrain to Bank of Bahrain and Kuwait (BBK) amid a global restructuring at the bank. The deal will see a transfer of retail loans, deposits and accounts of about 76,000...
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2 months ago | 
thebharatexpressnews.com | Hadeel Al Sayegh |Julie Zhu |Kane Wu
By Hadeel Al Sayegh, Julie Zhu and Kane WuDubai/Hong Kong (Reuters) – Online Fast -Fashion Retailer Shein is set to reduce its appreciation in a potential list in London to around $ 50 billion, said three people with knowledge of the case, almost a quarter less than the fundraising From the company in 2023 in the midst of the company growing headwind.
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2 months ago | 
msn.com | Hadeel Al Sayegh |Julie Zhu |Kane Wu
Microsoft Cares About Your PrivacyMicrosoft and our third-party vendors use cookies to store and access information such as unique IDs to deliver, maintain and improve our services and ads. If you agree, MSN and Microsoft Bing will personalise the content and ads that you see. You can select ‘I Accept’ to consent to these uses or click on ‘Manage preferences’ to review your options and exercise your right to object to Legitimate Interest where used.
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2 months ago | 
msn.com | Hadeel Al Sayegh |Julie Zhu |Kane Wu
Microsoft Cares About Your PrivacyMicrosoft and our third-party vendors use cookies to store and access information such as unique IDs to deliver, maintain and improve our services and ads. If you agree, MSN and Microsoft Bing will personalise the content and ads that you see. You can select ‘I Accept’ to consent to these uses or click on ‘Manage preferences’ to review your options and exercise your right to object to Legitimate Interest where used.
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2 months ago | 
kfgo.com | Hadeel Al Sayegh |Julie Zhu |Kane Wu
By Hadeel Al Sayegh, Julie Zhu and Kane WuDUBAI/HONG KONG (Reuters) – Online fast-fashion retailer Shein is set to cut its valuation in a potential London listing to around $50 billion, said three people with knowledge of the matter, nearly a quarter less than the company’s 2023 fundraising value amid growing headwinds.
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2 months ago | 
today.westlaw.com | Elizabeth Piper |Kane Wu |Hadeel Al Sayegh
DUBAI/HONG KONG (Reuters) - Online fast-fashion retailer Shein is set to cut its valuation in a potential London listing to around $50 billion, said three people with knowledge of the matter, nearly a quarter less than the company's 2023 fundraising...
