Joumanna Bercetche

Dubai

Anchor at Bloomberg Television

Bloomberg TV anchor of Horizons Mideast & Africa. Mideast correspondent. Markets, Geopolitics, Energy but once upon a time a central bank nerd

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Articles

Abu Dhabi's Palantir Rival Bets on Global South to Spur Growth

1 week ago | financialpost.com | Omar El Chmouri |Joumanna Bercetche

Advertisement 1Presight AI Holding Plc, a data analytics provider based in Abu Dhabi, is seeking global deals to drive its next phase of growth. Article content(Bloomberg) — Presight AI Holding Plc, a data analytics provider based in Abu Dhabi, is seeking global deals to drive its next phase of growth. Sign In or Create an AccountArticle contentWe apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team.
Abu Dhabi’s Palantir Rival Bets on Global South to Spur Growth

1 week ago | bloomberg.com | Omar El Chmouri |Joumanna Bercetche

The Abbu Dhabi skyline. Photographer: Karim Sahib/AFP/Getty Images(Bloomberg) -- Presight AI Holding Plc, a data analytics provider based in Abu Dhabi, is seeking global deals to drive its next phase of growth. On Wednesday, the company reported first quarter sales of 563.9 million dirhams ($153.5 million), a 115% annual increase. Around 23% of those sales came from outside the United Arab Emirates.
Emirates Studies More Orders, Says Tariffs Aren’t Hurting Demand

2 weeks ago | bloomberg.com | Leen Al-Rashdan |Joumanna Bercetche

An Emirates Airline Airbus A350 aircraft at Dubai International Airport in Dubai, United Arab Emirates. (Bloomberg) -- Emirates Chairman and Chief Executive Officer Sheikh Ahmed bin Saeed Al Maktoum said the airline is in negotiations to order more aircraft as it continues to expand its global reach. “We are in negotiations,” Sheikh Ahmed said in a Bloomberg TV interview Tuesday.
Qatar Airways Is Stockpiling Aircraft Parts to Ease Tariff Pain

2 weeks ago | news.bloombergtax.com | Joumanna Bercetche |Leen Al-Rashdan

Qatar Airways said it can withstand the shocks from higher tariffs thanks to its stockpile of aircraft spares that might otherwise be harder to source. The company has built up sufficient inventory, and while there will likely be an impact on air-freight goods stemming from higher import charges, Qatar Airways will “absorb and adapt with any changes,” Chief Executive Officer Badr Al-Meer said in an interview in Doha.
Qatar Airways Is Stockpiling Aircraft Parts to Ease Tariff Pain

2 weeks ago | news.bloomberglaw.com | Joumanna Bercetche |Leen Al-Rashdan

Qatar Airways said it can withstand the shocks from higher tariffs thanks to its stockpile of aircraft spares that might otherwise be harder to source. The company has built up sufficient inventory, and while there will likely be an impact on air-freight goods stemming from higher import charges, Qatar Airways will “absorb and adapt with any changes,” Chief Executive Officer Badr Al-Meer said in an interview in Doha.
Qatar Airways Is Stockpiling Aircraft Parts to Ease Tariff Pain

2 weeks ago | bloomberg.com | Joumanna Bercetche |Leen Al-Rashdan

Qatar Airways is now the second-largest airline in the region behind Emirates. (Bloomberg) -- Qatar Airways said it can withstand the shocks from higher tariffs thanks to its stockpile of aircraft spares that might otherwise be harder to source.
Lebanon Vows to Fully Repay Depositors in Economic Reform Plan

1 month ago | news.bloomberglaw.com | Dana Khraiche |Joumanna Bercetche

Lebanese depositors will get their money back over time as part of any financial overhaul, with the state, central bank and local banks sharing the burden of repairing the crisis-stricken economy, Economy Minister Amer Bisat said. The commitment to depositors is part of an attempt to break a stalemate on reforms, which are needed to unlock fresh funds from the International Monetary Fund and help the country emerge from one of the world’s worst financial crises.
Lebanon Vows to Fully Repay Depositors in Economic Reform Plan

1 month ago | bloomberg.com | Dana Khraiche |Joumanna Bercetche

(Bloomberg) -- Lebanese depositors will get their money back over time as part of any financial overhaul, with the state, central bank and local banks sharing the burden of repairing the crisis-stricken economy, Economy Minister Amer Bisat said. The commitment to depositors is part of an attempt to break a stalemate on reforms, which are needed to unlock fresh funds from the International Monetary Fund and help the country emerge from one of the world’s worst financial crises.
Lebanon Vows to Fully Repay Depositors in Economic Reform Plan

1 month ago | news.bloombergtax.com | Dana Khraiche |Joumanna Bercetche

Lebanese depositors will get their money back over time as part of any financial overhaul, with the state, central bank and local banks sharing the burden of repairing the crisis-stricken economy, Economy Minister Amer Bisat said. The commitment to depositors is part of an attempt to break a stalemate on reforms, which are needed to unlock fresh funds from the International Monetary Fund and help the country emerge from one of the world’s worst financial crises.
UAE’s Adnoc Drilling Intends to Borrow $1 Billion in Growth Push

2 months ago | news.bloombergtax.com | Anthony Di Paola |Joumanna Bercetche

Adnoc Drilling Co. plans to tap banks for about $1 billion in financing this year so the unit of the United Arab Emirates’ biggest oil producer can roll over expiring borrowings, and fund investment and dividends, Chief Financial Officer Youssef Salem said. “We expect to be refinancing and up-sizing to fund our growth,” Salem said in an interview with Bloomberg Television. The company has roughly $750 million in debt maturing in the fourth quarter, he said later during a press briefing.

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