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Swedish private equity EQT renews Galderma IPO plans
Swedish private equity behemoth EQT is renewing plans for the initial public offering (IPO) of the Swiss skincare…
DEWA’s EV Green Charger service rise by 59% in 2023
The electrical vehicles (EV) Green Charger initiative by Dubai Electricity and Water Authority (DEWA) saw a…
Saudi Investment Bank posts SAR 1.76 bln net profit in ’23
The Saudi Investment Bank (SAIB) reported a net profit of 1.76 billion Saudi riyal (about $469,3 million) in 2023,…
Foxconn expects slight growth, lacks AI server chips
Foxconn, the world’s biggest contract electronics maker and Apple’s main iPhone supplier, anticipates a slight…
China’s central bank adopts 14-day reverse repos
The People’s Bank of China (PBOC) announced 14-day reverse repurchase agreements (repos) on Sunday worth 135…
Global oil market turns local amid Red Sea unrest
Oil market appears more localised, as the ongoing Red Sea unrest and rising freight rates made supplies from closer…
GM Korea to launch 4 new vehicles in ’24
General Motors (GM) Korea unveils plans to introduce four new vehicles in South Korea this year including two…
Australia’s new emission model boosts EVs
Australia announced on Sunday a favoured model for new vehicle emission standards, which brings the country closer…
BREAKING: Egypt’s central bank hikes key interest rates by 200 bps
Egypt’s central bank has on Thursday hiked its key interest rates by 200 basis points in its first monetary policy…
Hyundai global sales rise in Jan. ’24
South Korea’s biggest auto maker Hyundai Motor Company reported on Thursday its global sales that reached 315,555…