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Investcorp invests $300mn in US industrial realty sector

Rush to book profit on Indian markets ahead of Fed decision on interest

Women-led MSMEs to receive 90% credit coverage under new scheme

Markets registered weekly gains, despite Friday’s modest loss

Capital and reserves of UAE banks rise 10.6% to AED495bn

Mashreq Bank sells 65% stake in NeoPay for $385mn

Federal Reserve cuts rates by 50bps in first easing move since pandemic

Bhima Jewels on the lookout for PE investor for funding?

Kerala’s Onam spirits hit a high as liquor sales soar to Rs818cr

Exclusives

Lulu Convention Centre Thrissur still in Red with Rs41cr FY24 loss

Chinese car manufacturers see a bright spot in Saudi Arabia

KSEB financials deviate from Accounting Standards: Auditors

International

Federal Reserve cuts rates by 50bps in first easing move since pandemic

UAE makes women on board mandatory from 2025

Mubadala-Aldar partnership to reshape Abu Dhabi’s economic landscape

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Corporates

KSEB financials deviate from Accounting Standards: Auditors

Bangladesh may review power supply deal with Adani Group

BDO follows Deloitte in ditching Byju’s amid financial turmoil

Economy

Asia-Pacific and MEA to experience economic contractions in 2024

Saudi Arabia gives green light to IPO of Jadwa Saudi Equity Fund II

Sukuk issuances in GCC soar 138% to $69.2bn in first half

Technology

APAC on tech giants’ radar to enhance AI and cloud investments

Trai-DoT duo intensifies crackdown on fraudulent callers

Apple incorporates innovation into its latest products launch

Markets

Rush to book profit on Indian markets ahead of Fed decision on interest

India’s diamond sector faces multifaceted challenges

India holds 25% of global IPO market in first half of 2024

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Personal Finance

High health insurance premiums elbow out seniors

Kotak Life launches Kotak Gen2Gen Protect

Paytm’s UPI market share falls for fourth straight month

Property

Mubadala-Aldar partnership to reshape Abu Dhabi’s economic landscape

Investcorp invests $300mn in US industrial realty sector

RBI advises banks to scale down commercial real estate exposure

Banking & Finance

Capital and reserves of UAE banks rise 10.6% to AED495bn

Private credit in India poised for big leap, could exceed $10bn: EY

Solidarity Bahrain to swallow BNI and BNL for $200mn

Aviation

Etihad Airways to double daily flights to Paris

Dnata to handle Royal Jordanian Airlines at JFK airport

Embraer explores potential supply chain expansion in India

Infrastructure

Gulf Capital exits from Kuiper Australia

TAQA acquires SWS Holding for $463mn

Empower reports 41% increase in customer registrations

Startups/SME

Women-led MSMEs to receive 90% credit coverage under new scheme

ENOC launches accelerator programme to tackle energy sector challenges

Rapido secures $200m to expand its footprint in India

Opinion

Are current systems really up to demands of an AI gold rush?

EU paves way for Fortnite’s return and big changes for app stores

How to protect your WhatsApp account from cyber threats

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Travel and Tourism

Diriyah inks $2.1b contract for Wadi Safar development

Qatar set to increase tourism’s contribution to GDP

Etihad Guest partners with Pointspay for loyalty programme

Transportation

MSC Kayley docking proves ‘deep business potential’ of Vizhinjam

Aqua Line metro to transform urban mobility in Mumbai

Emirates SkyCargo orders five Boeing 777Fs for $1b

Automobiles

Chinese car manufacturers see a bright spot in Saudi Arabia

India’s automobile sector crosses Rs20tr mark in fiscal 2024

Mahindra to launch commercial electric four-wheeler next month

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