Mubadala Petroleum Plans Buying $1.1 Billion Stake in Israeli Natural Gas Field
Abu Dhabi’s Mubadala Petroleum plans to buy Delek Drilling’s 22% stake in the Tamar offshore field, making this agreement the...
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Lyft’s Sheds Self-Driving Division to Toyota’s Woven Planet Holdings in $550 Million Deal
Lyft Inc. has decided to sell its self-driving division to Toyota Motor Corp’s Woven Planet Holdings., for $550 million to...
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First Investment Firm Dedicated to Connect African Fashion and International Luxury Fashion Brands
Birimian, the newly launched operational investment firm, is all set to bring together African luxury fashion brands and heritage luxury...
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Islamic Development Bank Transitions to SOFR from LIBOR Benchmark
The Islamic Development Bank (IsDB) has announced the issuance of its first Secured Overnight Financing Rate (SOFR)-linked Sukuk. After the...
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Soaring COVID-19 Rates in India, Shortage of oxygen, and a Potential Lockdown
Currently, the nation is at its highest levels of positive cases since the inception of the pandemic, highlighting the under-funded...
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First Abu Dhabi Bank Completes Takeover of Bank Audi Egypt
First Abu Dhabi Bank has started the process of share transfer for all the share capital for Lebanon-based Bank Audi...
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