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 | Banking, Financial Services
European Central Bank President Christine Lagarde emphasized the need for “truly European” banks on Wednesday, advocating for a banking sector that transcends national borders to increase lending capacity and economic resilience. Her comments come amid...
by finance_admin | November 7, 2024 | Commodities, Retail
Commodity markets saw a widespread decline on Wednesday following Donald Trump’s U.S. presidential election win, with oil, metals, and agricultural goods all retreating as a surging U.S. dollar weighed on prices. The dollar’s one-day rise, its largest since March...
by finance_admin | November 7, 2024 | Real Estate
Qatar’s mortgage market recorded robust activity in the third quarter of 2024, with total mortgage transactions reaching QR10.802 billion ($2.74 billion) across 351 deals, according to data from the Ministry of Justice. This marks a notable increase from Q3 2023, when...
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 7, 2024 | Commodities, Energy
Oil prices edged higher on Thursday, reversing a post-election sell-off as markets weighed potential supply disruptions from the re-election of Donald Trump and an intensifying hurricane in the Gulf of Mexico. Brent crude oil futures rose by 26 cents (0.35%) to $75.18...
