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Business - Markets & Companies
8/12/2022 2:27:04 PM
Five major Chinese companies including two of the country's largest oil producers will delist from the New York Stock Exchange, the firms said in filings on Friday.

Business - Economy
8/10/2022 2:40:35 PM
The recently-established Saudi Egyptian Investment Company (SEIC), which is owned by Saudi Arabia's Public Investment Fund (PIF), has acquired minority stakes in four Egyptian state-owned companies in a deal worth $1.3 billion, the Sovereign Fund of Egypt (TSFE) announced on Wednesday.

War in Ukraine - Economy
8/2/2022 10:53:24 PM
Washington on Tuesday imposed a new round of sanctions targeting Kremlin-connected elites for their role in supporting Russian President Vladimir Putin's war on Ukraine.

Business - Markets & Companies
6/20/2022 2:09:18 PM
Cairo-based valU, one of the investment firms of EFG-Hermes and a MENA buy-now, pay-later (BNPL) fintech platform, announced on Monday that Saudi Arabia-based Alhokair Family have acquired a 4.99 percent stake in valU for 247.4 million.

Business - Economy
6/20/2022 11:46:02 AM
Many European firms are rethinking their investments in China because of its strict Covid controls, a top business group said Monday, warning that disruptions had pummelled operations.

War in Ukraine - Economy
6/16/2022 9:32:32 PM
Ukraine's President Volodymyr Zelensky referenced "Star Wars" and World War II as he sought aid from big tech firms on Thursday, appearing as a hologram at a conference in Paris.

Business - Tech
5/26/2022 3:17:43 PM
Chinese e-commerce giant Alibaba said Thursday its profit fell 59 percent in the last fiscal year, joining other tech firms that reported lacklustre results while grappling with Covid-19 restrictions and a sector crackdown.

Business - Tech
5/15/2022 5:26:23 PM
From e-commerce colossus Amazon to social networking star Facebook, US tech firms that once grew with abandon have reined in hiring to endure tumultuous times.

Business - Economy
5/15/2022 4:58:25 PM
Egypt plans to offer 12 companies under the government’s initial offering programme (IPO) on the Egyptian Exchange by the end of 2022, including two army-run companies and other firms that are under the umbrella of the public business sector, Prime Minister Mostafa Madbouly announced on Sunday.

War in Ukraine - Economy
5/11/2022 10:36:09 PM
Russia has imposed sanctions on more than 30 EU, US, and Singaporean energy companies in a retaliatory move following Western penalties over Ukraine, a government decree said Wednesday.

Business - Markets & Companies
4/12/2022 5:40:11 PM
The Abu Dhabi Developmental Holding Company (ADQ), also known as the Abu Dhabi wealth fund, has completed acquisition deals for five companies in Egypt, including private sector and state-owned firms, with a total value of $1.8 billion, the Egyptian Exchange (EGX) disclosed on Tuesday.

War in Ukraine - Economy
4/11/2022 10:06:04 AM
French banking group Societe Generale said Monday it was ceasing its activities in Russia and selling its majority stake in Rosbank, weeks after Ukraine's leader urged French firms to leave over Moscow's invasion of his country.

War in Ukraine - Humanitarian
3/8/2022 9:15:07 PM
McDonald's on Tuesday became the latest on the growing list of US multinational companies to suspend activities in Russia, joining Apple, Levi's and others, but some have chosen to stay in the country despite the risks to their reputation.

World - International
12/11/2021 12:19:00 PM
The United States unveiled a raft of new rights-abuse sanctions Friday on senior officials and entities in eight countries, including a Chinese firm specializing in facial recognition technology and a giant cartoon studio in North Korea.

Business - Markets & Companies
12/9/2021 6:50:39 PM
As real estate firms Evergrande and Kaisa default on over a billion dollars of bond repayments after weeks of uncertainty, here is an explainer on what the debt crisis in China's real estate market could mean for the country's economy

World - International
12/6/2021 11:42:18 AM
Senior officials from the Slovak Republic are in Taiwan for talks on deepening ties with the island in the highest-level visit by the EU-member country since it opened a representative office in Taiwan in 2003.

Business - Economy
12/6/2021 10:16:14 AM
Asian markets were mixed in trading Monday, tracking uncertainty over the Omicron variant of the coronavirus as well as disappointing US jobs data and struggling Chinese tech firms.

World - International
11/23/2021 7:22:01 PM
The European Union will impose sanctions on Belarus' airline and on international firms involved in migrant trafficking, in response to the crisis on Poland's border, top officials said Tuesday.

World - Region
10/27/2021 4:55:02 PM
Saudi Arabia said Wednesday it has licensed 44 international companies to establish regional headquarters in Riyadh, competing with Gulf neighbours, particularly Dubai, for the position of regional business hub.

World - International
9/10/2021 2:26:14 PM
The two firms are at the forefront of a global contest between delivery platforms and content creators on how revenues should be divided, with billions of dollars at stake

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