by finance_admin | December 2, 2024 | Corporate Finance
Saudi Arabia’s Nice One Beauty, a prominent e-commerce platform specializing in beauty and personal care, is gearing up for its highly anticipated initial public offering (IPO) in Riyadh. The company aims to raise SAR 1.21 billion ($322 million) by offering 34.6...
by finance_admin | December 1, 2024 | Breaking, Economy, Finance, News
Consistent leadership in regional capital inflow, contributing $1.67 billion year-to-date The UAE continues to dominate the Gulf Cooperation Council (GCC) in foreign capital inflows, registering a net influx of $680.4 million in May 2024. This marks a significant...
by finance_admin | December 1, 2024 | Breaking, Finance, News
Demand for high-yield products and shadow banking growth bring back intricate financial products Earlier this year, Bayview Asset Management structured two trades totaling $642 million, reminiscent of financial instruments last seen during the 2008 crisis. This hedge...
by finance_admin | December 1, 2024 | Banking, Currencies, Economy, Finance, News
Investors await central bank decisions from the UK, Switzerland, and Norway amidst steady currency movements The British pound held broadly steady on Thursday as markets awaited a rate decision from the Bank of England (BoE) later in the day. The dollar was similarly...
by finance_admin | December 1, 2024 | Breaking, Economy, Finance
Despite slowing inflation, the BoE maintains key interest rate at 5.25% ahead of the general election The Bank of England (BoE) decided on Thursday to keep its key interest rate at a 16-year high of 5.25%, despite a slowdown in UK inflation. This move comes ahead of...
by finance_admin | December 1, 2024 | Currencies, Finance
The rupee recovers slightly after hitting a lifetime low, influenced by a weaker Chinese yuan and dollar outflows On Friday, the Indian rupee inched higher, recovering from a decline to its record low in the previous session. The drop was spurred by weakness in the...
