by finance_admin | November 7, 2024 | Corporate Finance, Real Estate
Deyaar Development PJSC (“Deyaar”), one of Dubai’s leading real estate developers and service providers, has reported a robust financial performance for the nine-month period ending September 30, 2024. The company’s profit before tax reached...
by finance_admin | November 7, 2024 | Corporate Finance
Burjeel Holdings PLC, listed on the Abu Dhabi Securities Exchange (ADX), reported a strong revenue increase to AED1.3 billion ($354 million) in Q3 2024, fueled by a surge in patient footfall and improved patient yield. Over the first nine months of 2024, total patient...
by finance_admin | November 7, 2024 | Corporate Finance, Retail
Lulu Retail Holding has set the price of its initial public offering at AED2.04 ($0.56) per share, marking the top of its indicative range and valuing the company at AED21.1 billion ($5.75 billion). The IPO raised a record-breaking $1.72 billion, making it the largest...
by finance_admin | November 5, 2024 | Central Banks, Finance, US Elections 2024
The Federal Reserve and Chairman Jerome Powell are steering clear of political debates as the nation votes, but much is at stake for the central bank’s future. With the next president gaining the authority to fill multiple Fed seats and Powell’s term...
by finance_admin | November 3, 2024 | Finance
BlackRock Inc., the world’s largest asset manager, has applied to the U.S. Securities and Exchange Commission (SEC) to launch exchange-traded fund (ETF) share classes for its mutual funds. This move makes BlackRock the latest and largest of more than 30 firms seeking...
by finance_admin | November 3, 2024 | Corporate Finance
Top executives across the U.S. are increasingly discussing the upcoming presidential election, with “election” mentions on S&P 500 earnings calls reaching a record high. Between Sept. 15 and Oct. 31, the term was brought up on 100 calls, marking the...
