Economy
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PepsiCo begins relocating senior leadership team to Saudi Arabia from UAE
PepsiCo has started moving its senior leadership team from Dubai to Saudi Arabia as part of plans to relocate its…
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Major Indian state refiner BPCL eyeing Russian oil for long term
Bharat Petroleum Corp. will consider buying Russian oil under long-term contracts as India strengthens its relationship with the OPEC+ producer.…
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Qatari investors set to bid for Manchester United: Report
Qatari investors are planning to make a huge bid to buy Premier League club Manchester United, the Daily Mail newspaper…
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Metaverse, tokenization to revolutionize real estate sector: Dar Global CEO
While the global paradigm shift to digital is evident, UAE and the region in their quest for economic diversification have…
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Adani Group shares extend gain as traders await earnings reports
Most Adani Group stocks rose, extending their rebound from the rout sparked by US short-seller Hindenburg Research’s report, as the…
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Turkish stocks enter bear market in aftermath of deadly quake
Turkish stocks slumped, closing in a bear market, as the country struggles with the aftermath of two devastating earthquakes, with…
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France’s TotalEnergies posts record $20 billion net profit
France’s TotalEnergies said Wednesday that high oil and gas prices bolstered its net profit to a record $20.5 billion in…
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Israel’s NewMed predicts $15 bln gas boost for sovereign wealth fund
Israel’s NewMed Energy forecast on Tuesday that the country’s nascent sovereign wealth fund will get a 52 billion shekel ($15…
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Adani Green says it’s winning investor backing as profit jumps
Adani Green Energy Ltd., billionaire Gautam Adani’s clean energy arm, insisted it’s won the backing of investors in recent days…
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Saudi Arabia eyes more fixed-rate debt as borrowing costs jump
Saudi Arabia is considering borrowing more in currencies besides the dollar this year as it focuses on refinancing to reduce…
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