Bloomberg Advanced Info Service Pcl (AIS), Thailand’s biggest telecommunications group, is considering options for its tower business including a stake sale, according to people familiar with the matter. The Bangkok-listed company has held talks with potential advisers for a strategic review for the assets, the people said, asking not to be identified because the matter is private. Another option ...
Read More »Bloomberg The UK expects to reach a free trade deal with India and to enter the Trans-Pacific Partnership agreement in 2023, Business and Trade Secretary Kemi Badenoch said. Badenoch visited India in December in an effort to move forward with the deal, which aims to cut tariffs and open opportunities for UK services to operate in India. The UK ...
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Bloomberg Moody’s Investors Service cut its outlook for Adani Green Energy Ltd and three other companies backed by Indian tycoon Gautam Adani, citing the plunge in the conglomerate’s stock market value in the wake of criticisms in a short-seller report. Referring to factors such as concern over the impact of any big jump in funding costs, the agency lowered ...
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Bloomberg SoftBank Group Corp is considering selling its stake in the holding company of Raine Group, the merchant bank that’s advised on some of the Japanese company’s biggest deals, people familiar with the matter said. The potential stake sale would fit into SoftBank’s retrenchment from a deal-hungry technology conglomerate to one more focused on smaller investments, according to the ...
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Dubai / Gulf Time InstaRunway.com, GCC’S newest e-commerce platform, hosted a vibrant and fun Galentine’s event in Dubai for its exclusive VIP women customers amidst the backdrop of the Dubai Skyline. The event also offered a sneak peek to the latest collections of their portfolio of internationally renowned brands like SJP by Sarah Jessica Parker, Furla, Olivia Burton London ...
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Dubai / Gulf Time Nest Finders celebrated a series of successes in a big evening held by the company at the Queen Elizabeth Hotel in Dubai. Khaled Yaghmour, General Manager of the company, honoured the company’s employees who achieved the highest sales for the past year 2022. On this occasion, Khaled Yaghmour said, the company has achieved great successes in ...
Read More »ABU DHABI / WAM The UAE has sent five aircraft carrying relief supplies, which arrived on Friday in Türkiye and Syria, bringing the total to 27 aircraft sent so far under the ‘Gallant Knight/2’ operation, launched with the purpose of aiding earthquake-affected people in both countries. To date, the UAE has sent a total of 17 aircraft to Türkiye, ...
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Abu Dhabi / WAM The Abu Dhabi Exports Office (Adex), the export-financing arm of Abu Dhabi Fund for Development (ADFD), signed two green finance agreements with the government of Angola, valued at AED445 million. The financing is provided in cooperation with Standard Chartered Bank. One agreement, valued at AED330 million, relates to the acquisition of an analytical platform, main data ...
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Abu Dhabi / WAM The International Defence Conference 2023 will be held on February 19 at the Adnoc Business Centre in Abu Dhabi with the participation of a large number of leaders, decision-makers, ministers, senior officials and speakers representing defence industries from all over the world. Held under the patronage of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, ...
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Dubai / WAM Dr Abdulrahman Al Awar, Minister of Human Resources and Emiratisation, has discussed ways to enhance cooperation between the UAE and Japan on manpower and skill development with Akio Isomata, Japanese Ambassador to the UAE. The meeting, which was held at the Ministry’s office in Dubai, also reviewed the legislation and procedures regulating the UAE labour market, initiatives ...
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