Markets
Saudi Arabia begins the trial of its very first wind turbine in Al-Jouf
Saudi Arabia has begun the trial of its first wind turbine at Dumat Al-Jandal wind farm...
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PepsiCo to sell its juice brands to French equity firm PAI Partners for $3.3 billion
PepsiCo made an announcement that it has agreed to sell its juice brands such as Naked,...
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Falguni Nayar Gets Her Turn as Billionaire Startup CEO in Nykaa IPO
Falguni Nayar is in the news for all the right reasons. Nykaa, her brainchild, has become...
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Lesotho planning to implement its tax modernization project to double government revenue
The small south African nation Lesotho is looking to implement its tax modernization project to double...
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Mena region attracting global players and more SPAC deals
The Mena region is seeing many deals from SPAC, indicating that the startup ecosystem in this...
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Telecom company Lumen sells Latin American business for $2.7bln
Lumen Technologies (NYSE: LUMN), a Telecom company, announced the signing of a definitive agreement and is...
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Volkswagen raised the target for profit margin after it posted record first-half earnings
Volkswagen saw heartening results even exceeding pre-pandemic levels with first-half operating profit before special items hit...
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OFIC planning to invest $1.2 billion in food security
The government’s food sector investment and development arm, Oman Food Investment Holding Company SAOC (OFIC), set...
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Amex witnesses an all-time-high revenue surge
The global Covid-19 pandemic caused a lull in business as lockdowns and restrictions became the norm....
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Zomato’s outperforms in the market debut as stocks soar over 80%
The first IPO of the food delivery giant Zomato in India was on the 23rd of...
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