Browsing Category
Business
UAE’s Mubadala leads $400m funding round for Berlin-based insurtech
Wefox, a Berlin-based insurtech, has closed a $400 million Series D funding round led by Mubadala Investment Company, according to a Gulf Business report.
Eurazeo, LGT, Horizons Ventures, OMERS Ventures, and Target Global were among the…
Read More...
Read More...
Dubai’s World Logistics Passport accounts for 47% of global trade system
The World Logistics Passport’s (WLP) operations have nearly doubled in the second year since its inception, according to reports.
The initiative now encompasses over 40 countries, accounting for 47 percent of the global trade system.…
Read More...
Read More...
Collapse of cryptocurrency value causes second-hand luxury watches market to plunge
Reports revealed last week that the prices of some of the most sought-after luxury watches have plunged in second-hand markets due to a collapse in cryptocurrency value.
The second-hand watches market, which includes popular brands like…
Read More...
Read More...
Leaked Uber docs reveal bare-knuckle expansion tactics: investigation
A leaked cache of confidential files from ride-sharing company Uber illustrates ethically dubious and potentially illegal tactics it used to fuel its frenetic global expansion beginning nearly a decade ago, a joint media investigation…
Read More...
Read More...
Germany and Finland at odds over Uniper rescue
A dispute between Germany and Finland over the cost of rescuing gas importer Uniper flared on Saturday as its Finnish main shareholder rejected a call from a senior German minister for further help in bailing out the ailing company.…
Read More...
Read More...
Rogers network outage across Canada hits banks, businesses and consumers
A major outage of Rogers Communications Inc’s mobile and Internet networks on Friday caused widespread disruptions across Canada, affecting banks and police emergency lines in the second major outage to hit one of the country’s biggest…
Read More...
Read More...
India: Shares close at month high; Vivo pleads to lift bank account freeze
Indian shares gained for a third straight week to close at a one-month high on Friday as inflation concerns ebbed, while IT major Tata Consultancy Services slipped ahead of its quarterly earnings report.
The NSE Nifty 50 index ended 0.54…
Read More...
Read More...
Crude slips on recession fears; Russia to take control of Sakhalin-1 oil and gas project
Oil prices slipped in Asian trade on Friday as recession fears continued to weigh on sentiment, though worries over tight global supplies capped price declines.
Brent crude futures fell 25 cents, or 0.2 percent, to $104.40 a barrel by…
Read More...
Read More...
Middle East governments must innovate to unlock green investment in region, study advises
Governments in the Middle East and North Africa need to adopt new tools and policies and collaborate to accelerate the shift to a low-carbon economy, according to a new report.
It was was published by the Mohammed bin Rashid School of…
Read More...
Read More...
BNY Mellon plans campaigns to woo investors into Saudi Arabia
American investment company BNY Mellon is organizing a series of international campaigns to attract and facilitate investments in Saudi Arabia, according to a top official.
The company has collaborated with SNB Capital Co., the Saudi…
Read More...
Read More...