Zawya
ZAWYA, powered by LSEG, is a reliable and prominent platform for regional news and insights, catering to millions of professionals in the UAE, Saudi Arabia, Egypt, and other regions in the Middle East and Africa. The website offers content in both English and Arabic, delivering live updates on stocks, commodities, and currencies from both local and international markets throughout the day. For over twenty years, ZAWYA has been a trusted source of financial and business news across diverse sectors, including real estate, construction, energy, banking, tourism, technology, aviation, healthcare, logistics, and education, serving a worldwide audience.
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Global
#83867
United Arab Emirates
#1458
Finance/Financial Planning and Management
#13
Articles
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1 day ago |
zawya.com | Niket Nishant
Alternative asset manager Blackstone has bought nearly $2 billion worth of commercial real estate loans from regional lender Atlantic Union Bankshares , further extending its aggressive push into the CRE sector. The loans were bought at a slight discount to their face value, the companies said on Thursday. The loans originated from Sandy Spring Bank, which Atlantic Union bought in a $1.6 billion deal in April.
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2 days ago |
zawya.com | Eric Onstad
Copper prices jumped to their highest in nearly three months on Thursday, propelled by a weak dollar, concerns about supply and buying by speculators after key technical levels were broken. Three-month copper on the London Metal Exchange gained 1.6% to $9,867 a metric ton by 1000 GMT, its strongest since March 28. "What is key for us is dollar weakness and that is trending lower, which is supportive for our space," said Alastair Munro, senior metals strategist at Marex.
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2 days ago |
zawya.com | Jana Choukeir |Maya Gebeily
BEIRUT - The World Bank has approved $250 million in financing for Lebanon to aid in the reconstruction of critical public infrastructure and the management of rubble in areas affected by the war, the organisation said on Wednesday.
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2 days ago |
zawya.com | Stefanno Reinard Sulaiman |Ananda Teresia
JAKARTA - Qatar's Qilaa International group will make an initial investment of about $2.5 billion in its project to build 1 million affordable housing units in Indonesia, its chairman said on Thursday. The chairman said the company will build 50,000 units of apartments soon.
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3 days ago |
zawya.com | Jana Choukeir
The World Bank has approved a $146 million grant to help Syria restore reliable, affordable electricity and support the country's economic recovery, it said in a statement on Wednesday. After 14 years of war, Syria's electricity infrastructure has suffered severe damage to grids and power stations, causing persistent fuel shortages.
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