Tuesday , 10 February 2026

Recent Posts

Mena to invest $574bn in energy sector by 2022

DAMMAM / WAM The MENA region has committed $345 billion to critical energy projects under execution while an additional $574 billion worth of development is pla- nned over the next five years, bringing total committed and planned investments up to $919 billion to meet growing demand and demographic and urban expansions, according to MENA Energy Investment Outlook, issued by Arab …

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Damac hires Barclays, HSBC for possible Islamic bonds sale

Bloomberg Damac Properties Dubai Co. hired banks including Barclays Plc and HSBC Bank Plc for a possible sale of US dollar-denominated Islamic bonds, according to people familiar with the matter. The second-largest listed real estate developer in Dubai is expected to hire more banks to arrange the debt sale, which may happen as soon as this month, said the people, …

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US stocks fall on tech weakness

Bloomberg US stocks dropped in light trading as the weakness in technology shares persisted amid renewed presidential criticism of Amazon.com and retaliatory tariffs from China. The dollar held steady and Treasury yields climbed. The S&P 500 Index slumped after its first quarterly retreat since 2015, with volumes 17 percent below average. The Nasdaq 100 Index lost more than 1.5 percent …

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