by finance_admin | November 21, 2024 | Banking Regulations, Mergers & Acquisitions, News
Indian billionaire Gautam Adani has been charged with fraud in the US, accused of orchestrating a $250 million bribery scheme to secure contracts for his renewable energy company. The charges, filed on Wednesday in New York, are a significant blow to Adani, who is one...
by finance_admin | November 21, 2024 | News, Retail
Lulu Retail Holdings, the UAE-based hypermarket chain operator, has posted a remarkable 126% year-on-year (YoY) increase in its net profit for the third quarter (Q3) of 2024. The company’s net profit reached $35.1 million, demonstrating strong financial growth despite...
by finance_admin | November 21, 2024 | News, Weather
The lowest temperature recorded in the UAE this morning was 11.7 degrees Celsius in Rukna (Al Ain) at 6.00 am local time. The fog was observed over Tarfa in the Al Dhafrah region, and areas near Sila and Al Ruwais are also expected to experience fog and mist...
by finance_admin | November 21, 2024 | News
A company in Dubai is going the extra mile; soon to offer residents a chance to view the Burj Khalifa from the edge of space. A vision is already under discussion, and the launch is expected to take place from Palm Island, considering it is one of the most iconic...
by finance_admin | November 20, 2024 | News, politics
Ukraine’s President Volodymyr Zelensky, in an interview with Fox News, emphasized the critical importance of U.S. funding in Ukraine’s fight against Russian aggression. He warned that without Washington’s support, Ukraine would face severe setbacks,...
by finance_admin | November 20, 2024 | News
The UAE Ministry of Higher Education and Scientific Research has introduced flexible admission policies for universities following the cancellation of the EmSAT entrance exam in November. Universities now get the freedom to set their admission criteria, make sure...
