Business / #ForbesBusiness

Growth In Personal Wealth Has Slowed To 1.6% Globally, But Not In The Middle

Tesla Shares And Elon Musk's Net Worth Tank As Record Sales Fail To Deliver

UAE’s ESIC Issues A $600 Million Sukuk

ADNOC Is Courting China, Inking Deals Worth $12B With Wanhua Chemical

Fortunes Of Snap Cofounders Evan Spiegel, Bobby Murphy Jump More Than $720

Pepsico To Acquire South Africa’s Pioneer Foods In $1.7billion Deal

Top 5 M&As In MENA So Far For 2019

Facebook Libra Chief Promises to Work With Regulators Prior To Launching

Business Now

1 month ago

Growth In Personal Wealth Has Slowed To 1.6% Globally, But Not In The Middle East

Personal wealth in the Middle East rose 5.7% in 2018, bucking a global trend.
By Mary Sophia 4 min read
1 month ago

Tesla Shares And Elon Musk's Net Worth Tank As Record Sales Fail To Deliver Profits

Tesla posted a worse-than-expected $389 million loss and finished the first half in the red.
By Alan Ohnsman 11 min read
1 month ago

UAE’s ESIC Issues A $600 Million Sukuk

The Sukuk issue is listed on the London Stock Exchange under ESIC’s recently established $1 billion Sukuk program.
By Amany Zaher 4 min read
1 month ago

ADNOC Is Courting China, Inking Deals Worth $12B With Wanhua Chemical

The agreement will explore and develop new opportunities in the UAE and China’s downstream sector – a key area that ADNOC has been focusing on as part of its growth strategy.
By Mary Sophia 5 min read
1 month ago

Fortunes Of Snap Cofounders Evan Spiegel, Bobby Murphy Jump More Than $720 Million Combined After Hours

It’s been a very good year for the young executives and their company. Since the start of 2019, Snap's stock has risen more than 160%.
2 months ago

Pepsico To Acquire South Africa’s Pioneer Foods In $1.7billion Deal

Pioneer Foods is one of South Africa’s largest producers and distributors of branded food and beverage products. PepsiCo will pay $7.94 for each Pioneer share.
2 months ago

Top 5 M&As In MENA So Far For 2019

M&A transactions are at an all-time high in MENA, reaching $112 billion in the first half of 2019.
By Amany Zaher 2 min read
2 months ago

Facebook Libra Chief Promises to Work With Regulators Prior To Launching Cryptocurrency

The social network announced Libra in June as a tool intended to make it easier for people to send money around the world quickly and cheaply.
By Michael Nuñez 12 min read