Credit Suisse turns to petrodollars to fund turnaround
Credit Suisse has returned to the Middle East to shore up its finances amid mounting losses and a deteriorating balance sheet.
Source: swissinfo.ch
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UAE Embassy in Riyadh launches discussion on UAE-Saudi economic cooperation and integration
RIYADH: The UAE Embassy in Riyadh launched a live discussion, “Prospects for Cooperation and Economic Integration between the UAE and the Kingdom of Saudi Arabia,” Emirates News Agency reported. The session, which was moderated by Mohammed Al-Qahtani, head of the commercial affairs department at the UAE Embassy, included a discussion on bilateral relations, Vision 2030,
Source: arabnews.com
Report: Abu Dhabi, Saudi Arabia may invest in Credit Suisse, others amid depressed values
On Monday, a report by Bloomberg citing various people with knowledge of the matter claimed that Abu Dhabi and Saudi Arabia are looking to invest in Credit Suisse Group AG’s investment bank and other businesses amid depressed values. While the talks are in the early stages, sources said, the potential investors are already being cautious regarding the risk of future losses or legal issues.
Source: wionews.com
Cans Market Demand to Hit US$ 51.6 Bn by 2032 | Future Market Insights
Cans Market Demand to Hit US$ 51.6 Bn by 2032 | Future Market Insights
Source: saltlakecitysun.com
Cloud kitchen platform The Cloud raises $10m in funding round
The funding round was led by Middle East Venture Partners and Olayan Financing Company with participation from Rua Growth Fund.
Source: gulfbusiness.com