Economy
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Adani stocks drop after Hindenburg alleges ‘brazen’ fraud
Shares in Adani Group companies fell after well-known US activist investor Hindenburg Research LLC said it was shorting the empire’s…
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Saudi Arabia expects financing needs to be around $12 billion in 2023
Saudi Arabia expects its financing needs to be around 45 billion riyals ($12 billion) this year, the National Debt Management…
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Israeli economy in danger, central bank panelist says after resignation
A voting member of the Bank of Israel’s monetary committee stepped down, saying the country’s democracy is in danger, marking…
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Lazard appoints al-Khatib as MENA investment banking CEO
Investment bank Lazard Ltd said on Monday it hired Wassim al-Khatib as chief executive officer of the bank’s investment…
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Oil climbs as traders weigh China demand outlook, Russian supply
Oil rose on expectations of rising demand in the wake of China’s reopening, while the US dollar eased and risks…
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India expected to reduce gold import duty to sideline smugglers: Sources
India is expected to slash the import duty on gold to undercut smugglers who have been offering hefty discounts as…
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Emirates airline to increase flights to Australia on higher demand
Gulf carrier Emirates plans to flying at pre-pandemic levels to Sydney and Melbourne and restart service to Christchurch via Sydney…
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Dubai billionaire Al Habtoor eyes $3 billion property investment in Central Europe
Dubai billionaire Khalaf Al Habtoor plans to invest as much as $3 billion in real estate this year and is…
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Iraqi central bank chief leaves post amid currency volatility
Iraq’s prime minister said on Monday the country’s central bank governor had been relieved of his duties as the local…
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