Business

Adani Group to raise $833 million as it exits joint venture with Wilmar

The Adani Group will raise INR 71.48 billion ($833 million) by selling up to 20 per cent stake in Mumbai-listed…

10 months ago

How $10,000 fared in 2024 across standout investments

Wars in Europe and the Middle East. Global political upheaval. Angst over a potential US recession. These and other pitfalls…

11 months ago

Fewer rate cuts in 2025: Should you delay any big borrowing plans?

Dubai: After rising interest rates made borrowing increasingly expensive over the past couple of years, UAE residents were hoping for…

11 months ago

Bitcoin hits $106,000 amid US reserve speculation: Will price keep spiking?

Bitcoin has reached an unprecedented all-time high of $106,000 on Monday, spurred by statements from President-elect Donald Trump to “to…

11 months ago

UAE gold jewellers have one message – making charges are lowest in the world

Dubai: Gold prices have dropped near $70 an ounce in just 4 days – but UAE’s jewellery retailers are just…

11 months ago

OTE Group opens exclusive Nexen Showroom in Ghala: A new milestone in tire excellence

MUSCAT : The OTE Group recently celebrated the grand opening of the state-of-the-art Nexen Exclusive Showroom in Ghala, Oman. This…

11 months ago

Air India orders 100 more aircraft after it placed for 470 last year

NEW DELHI : Air India on Monday confirmed that it placed an order to purchase 100 more Airbus aircraft, comprising…

11 months ago

Muscat Stock Exchange records steepest decline of the year amid investor sales and weak demand

Muscat : Pressures from foreign institutional and Omani individual investors’ sales, coupled with weak demand and an increase in supply,…

11 months ago

Bitcoin climbs closer to $100,000 on Trump’s support for cryptocurrency

Bitcoin closed in on the historic $100,000 level, fueled by optimism that President-elect Donald Trump's support for crypto heralds a…

12 months ago

India’s Adani Enterprises dives 10% at open after founder’s US charges

MUMBAI: Shares in India's Adani Enterprises slumped 10 percent at Thursday's open after US prosecutors charged billionaire industrialist founder Gautam…

12 months ago

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