Bahrain’s Mumtalakat extends McLaren group stake
Bahrain’s state investment fund Mumtalakat said on Thursday it has bought the senior preference shareholder stakes in McLaren Group, as…
Tag: FINANCE
Turkey expects Gulf investments after top-level UAE visit -sources
ANKARA – Turkey expects the United Arab Emirates (UAE) and Saudi Arabia to invest in its energy and defence sectors…
Brexit an ‘economic disaster’ for UK and German trade – DIHK
BERLIN – Brexit has been an “economic disaster” for trade and investment ties between the United Kingdom and Germany, leading…
Scientists fight claim EU nature law hurts farmers
BRUSSELS – Claims by centre-right lawmakers that the EU’s flagship bill to restore nature will hurt farmers and endanger food…
Security alert Altcoins worth $100 billion dropped in hot water
A slew of altcoins – a catch-all for most cryptocurrencies except bitcoin and ether – have been harpooned in lawsuits…
Chinese investors travel to Riyadh conference seeking new markets, capital
HONG KONG/RIYADH Chinese entrepreneurs and investors are travelling to Riyadh this week to attend a business conference, which will bring…
Gulf states demand Netflix pull content deemed offensive
Signage at the Netflix booth is seen on the convention floor at Comic-Con International in San Diego, California, U.S., July…
Saudi GDP up 12.2% in second quarter, exceeding initial estimate
A view shows vehicles driving on a street in Riyadh, Saudi Arabia February 16, 2021. Saudi Arabia’s real gross domestic…
Morocco’s Managem, Glencore to partner in cobalt project
Moroccan mining company Managem said on Wednesday it agreed with miner and commodity trader Glencore (GLEN.L) to produce Cobalt at a plant…
Crypto giant Binance kept weak money-laundering checks even as it promised tougher compliance, documents show
In public, Binance said it welcomed government oversight. At the same time, the firm was withholding information from regulators, maintaining…