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January 3, 2024
While RBIs concerns with respect to evergreening are valid, the circular in its current form will cause discomfort to genuine REs as well as pose certain practical difficulties.
January 3, 2024
The XAlt platform is positioned to draw increased investments into the AIF sector by its user-friendly and secure environment for fund administration.
January 3, 2024
The Saudi Authority for Industrial Cities and Technology Zones (Modon) has unveiled plans for 10 new development projects across six industrial cities, collectively valued at over $145 million. They are aimed at facilitating value chain initiatives.
January 1, 2024
Inspired by Middle East, ancient perfume blends are making a fragrant comeback on TikTok
December 31, 2023
Saudi General Authority of Civil Aviation has announced the opening of a new lounge at Taif International Airport following its completion. With this new launch, the Taif airport will now be able to cater to the needs of 800,000 passengers per annum.
December 30, 2023
Apollo Tactical Income Fund Inc. (NYSE:AIF – Get Free Report) saw a large increase in short interest in the month of December. As of December 15th, there was short interest totalling 291,100 shares, an increase of 586.6% from the November 30th total of 42,400 shares. Based on an average daily volume of 142,700 shares, the […]
December 29, 2023
Kareena Kapoor Khan is on a family vacation in Switzerland with Saif Ali Khan and their two kids, Taimur and Jeh.
December 28, 2023
By: Amin Gemayel Affiliations and allegiances vary, but what we lose remains the same: the nation and the state.
December 27, 2023
At the end of every year, we always pause to assess the developments that took place over the past months and what impact they will have on the coming year. Asharq Al-Awsat sat down with Lebanese former minister Ghassan Salameh in Paris to review 2023 and discuss what 2024 has in store. Sitting down with Salameh, who had worked with the United Nations in Iraq, Libya and Myanmar, is an enriching experience in itself given his extensive experience and long career. Asharq Al-Awsat sat with him fo...
December 22, 2023
Piramal Enterprises has announced a provision of over Rs 3,000 crore for its investments in alternative investment funds (AIFs) linked to companies with lending exposures. This move is expected to impact the companys earnings for FY24, with analysts predicting a loss exceeding Rs 2,200 crore.