GIC-Backed AESC Said to Target $10 Billion Value in New Round
AESC Group is targeting a valuation of about $10 billion in its latest funding round, according to people
2023-11-24 09:46
Adnoc Is Said to Mull Acquisition of BASF’s Wintershall Dea Unit
Abu Dhabi National Oil Co. is exploring a potential acquisition of Wintershall Dea, the European energy explorer backed
2023-11-24 02:47
UAE Tightens Scrutiny on Russian Firms Amid Pressure From US
Russian firms based in the United Arab Emirates are coming under greater scrutiny from local banks as the
2023-11-23 22:24
Green Bond Sales Surge in UAE Before It Hosts Climate Summit
A record amount of green debt has been raised this year by issuers in the United Arab Emirates
2023-11-23 18:18
Binance’s Zhao Shouldn’t Be Allowed to Travel to UAE, US Says
US prosecutors asked a court to reverse its decision allowing Binance Holdings Ltd.’s Changpeng Zhao to travel to
2023-11-23 14:22
Troubled China Shadow Bank Warns of $36 Billion Shortfall
Embattled shadow banking giant Zhongzhi Enterprise Group Co. has revealed the depth of its financial difficulties, telling investors
2023-11-23 12:27
Ramaswamy’s Crypto Deregulation Plan Is Scaring the Industry
Presidential candidate Vivek Ramaswamy’s call for mass deregulation of the cryptocurrency industry and drastic cuts to the Securities
2023-11-23 03:59
UK Inclined to Order Probe into Abu Dhabi-Backed Telegraph Deal
The UK government is leaning toward ordering a probe into RedBird IMI’s proposed Telegraph deal, after the prospect
2023-11-22 21:53
Regulators Are Coming for Rule-Breaking Crypto Founders Like Binance’s CZ
Changpeng “CZ” Zhao has become the latest in a long line of crypto founders facing potentially significant legal
2023-11-22 18:29
Jack Ma Reverses Plan to Trim Stake After Alibaba Share Tumble
Alibaba Group Holding Ltd. founder Jack Ma is walking back plans to trim his stake after the Chinese
2023-11-22 18:24
China Must Avert ‘Hard Decoupling,’ Ex-PBOC Adviser Says
China needs to prevent any “hard decoupling” from the global economy as the world becomes more politically divided,
2023-11-22 18:24
TikTok Mulls Investing in Indonesia’s GoTo to Revive Online Shop
ByteDance Ltd.’s TikTok is in talks to invest into a unit of Indonesia’s GoTo Group, one of several
2023-11-22 18:23