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Archive of Financial Markets

  • UAE-based money exchange Al Ansari doubles dividend payout ahead of Dubai IPO

    UAE-based money exchange Al Ansari doubles dividend payout ahead of Dubai IPO

    Al Ansari Financial Services plans to double its dividend for 2023 ahead of its upcoming initial public offering, according to people with knowledge ...
    Financial Markets
  • Saudi wealth fund unit backs Emkan Capital’s technology fund

    Saudi wealth fund unit backs Emkan Capital’s technology fund

    A unit of Saudi Arabia’s sovereign wealth fund is among investors in Emkan Capital’s $31 million tech fund that will back early-stage start-ups across ...
    Financial Markets
  • Adani group firms pledge shares for lenders of flagship company: Trustee 

    Adani group firms pledge shares for lenders of flagship company: Trustee 

    Three Adani group companies have pledged shares for lenders to the Indian conglomerate's flagship Adani Enterprises, which pulled a $2.5 billion share ...
    Financial Markets
  • Indian market regulator probes Adani links to investors, PM Modi’s office briefed

    Indian market regulator probes Adani links to investors, PM Modi’s office briefed

    India’s market regulator is investigating Adani Group’s links to some of the investors in the conglomerate’s aborted $2.5 billion share sale, two ...
    Financial Markets
  • India’s Adani faced margin call on $1.1 billion loan before repaying in full: Report

    India’s Adani faced margin call on $1.1 billion loan before repaying in full: Report

    Adani Group Chairman Gautam Adani faced a margin call of more than $500 million on a $1.1 billion share-backed loan, prompting him to repay the whole ...
    Financial Markets
  • Qatari investors set to bid for Manchester United: Report

    Qatari investors set to bid for Manchester United: Report

    Qatari investors are planning to make a huge bid to buy Premier League club Manchester United, the Daily Mail newspaper reported on Tuesday, citing ...
    Sports
  • Adani Group shares extend gain as traders await earnings reports

    Adani Group shares extend gain as traders await earnings reports

    Most Adani Group stocks rose, extending their rebound from the rout sparked by US short-seller Hindenburg Research’s report, as the indebted Indian ...
    Financial Markets
  • Turkish stocks enter bear market in aftermath of deadly quake

    Turkish stocks enter bear market in aftermath of deadly quake

    Turkish stocks slumped, closing in a bear market, as the country struggles with the aftermath of two devastating earthquakes, with a three-month state ...
    Financial Markets
  • US company Bed Bath & Beyond moves to raise $1 bln to avoid bankruptcy

    US company Bed Bath & Beyond moves to raise $1 bln to avoid bankruptcy

    Bed Bath & Beyond Inc said on Monday it was planning to raise some $1 billion through an offering of preferred stock and warrants in a last-ditch ...
    Financial Markets
  • Standard Chartered stops accepting Adani bonds as collateral: Report

    Standard Chartered stops accepting Adani bonds as collateral: Report

    Standard Chartered Plc. has stopped accepting bonds of Adani Group firms as collateral on margin loans, ET Now television channel reported.The lender ...
    Financial Markets
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