Industry News

Industry News

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Germany will run out of gas in less than three months if Russia turns off the taps

Europe

Norway’s oil fund posts biggest ever loss in turbulent markets

Europe

UK inflation rate rises to 40-year high of 10.1%

UK

Citadel Set to Make Bank on Meme Stock Resurgence

Two Sigma Partners With Coinbase to Educate Institutional Investors on Digital Assets

KKR acquires Barracuda from Thoma Bravo

Private Equity

Bank of England to launch another jumbo rate hike to tame over 10 per cent inflation

UK

China to send troops to Russia for 'Vostok' exercise

AsiaRussia/CIS

UAE economy is expected to grow by over 5% in 2022: UBS

MENA/GCC

Dubai’s biggest lender looks to startups to join metaverse craze

Dubai

Gold/Silver: The Role of Mining Supply

Company insolvencies jump as soaring costs batter the bottom line

UK

Americans keep foot off accelerator despite falling petrol prices

US

US junk bond market in powerful rebound on easing inflation worries

US

Thompson Street Capital Partners' RMS acquires OrboGraph

Private Equity

Dubai Financial Market set to permit DGCX licensed brokerage firms to become its derivatives members

Dubai

Foreign investments in UAE stocks hit over $4 billion since start of 2022

MENA/GCC

Dubai cements ‘global tech hub’ appeal due to Golden Visa push: report

Dubai

Inflation deals record blow to UK workers’ living standards

UK

Real UK wages fall at fastest pace on record

UK

Bahrain’s second quarter tourism revenues surge 562 percent to $876 million

MENA/GCC

Asset managers bet big on crypto despite market rout

Dubai-based Takaful Emarat posts $1.6mln Q2 loss

Dubai

Saudi billionaire’s Kingdom Holding invested $3.4bln globally since 2020

Saudi Arabia