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Shuaa Capital launches three Sharia Compliant Funds
The Shuaa High Yield Sukuk Fund, Nujoom Aggressive Fund and Nujoom Balanced Fund have been launched…
Subsidiary of Abu Dhabi Investment Authority to Invest in Reliance Industries
ADIA will buy a 1.2 percent stake in Reliance Retail Ventures, according to a statement, valuing…
Bank Mergers to be Expected in GCC the Coming Months
Many private equity and venture capital funds eye distressed assets, a top sector expert has revealed.…
Business Confidence Index High in Brazilian Business-Sector
A leading economic think tank, said the Business Confidence Index (ICE) reached 97.5 points in September,…
Occidental Petroleum Corporation to sell its onshore assets in Colombia to The Carlyle Group
$700 million of the agreed amount will come up front and the remainder will be payable…
Inland Vessel Connectivity Deployed in Paraguay
Barges transport liquid cargo along the Paraná River, including gas oil, jet fuel, gasoline and naphtha…
Sumitomo Metal Mining to Sell Stake in Sierra Gorda Copper Mine
Asian giant said that selling is 45% holding in the mine was one of the routes…
Banco Central Do Brasil provides Liquidity Measures
Banco Central Do Brasil has provided BRL346 billion through the program so far, including BRL209 billion…
Disinformation Looms in Europe over 5G
Europeans are positive about 5G, they believe it will improve their user experience and intend to…