Vandana Srinivas
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Energy
TAE Technologies closes $250 million financing round, totals $1.2 Billion to date
TAE, headquartered in California, has raised $1.2 billion so far for fusion research, the same mechanism that fuels the sun.…
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Banking
European Central Bank prepares to boost interest rates for the first time in 11 years
The European Central Bank (ECB) is expected to raise its base rate by 0.25 percentage points on Thursday. The bank…
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Banking
Rakbank and Kraken to launch UAE’s first AED-denominated virtual asset trading platform
Rakbank will be the first UAE bank to enable Kraken to provide its clients with transparent, efficient, dirham-based digital asset…
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Banking
Arab Monetary Fund’s Buna System joined by ADCB
Abu Dhabi Commercial Bank (ADCB) has joined the Arab Monetary Fund’s (AMF) Buna system to give its clients an expanded…
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Technology
Twitter sues Elon Musk over Twitter takeover deal
Twitter has filed a lawsuit against billionaire Elon Musk in an attempt to force him to acquire the social media…
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Leadership
Boris Johnson resigns as the PM of UK
Boris Johnson, the Prime Minister of the United Kingdom, resigned today, bringing to a close a nearly three-year reign marred…
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Awards
The Dutch government makes work from home a legal right
The Dutch government has passed legislation requiring businesses to consider employee requests to work from home if their jobs allow…
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Insurance
Dar Al Takaful and Watania complete merger to form one of the leading national Takaful (Islamic Insurance) providers in the UAE
Dar Al Takaful (DAT) and Watania, both publicly traded firms, have completed their merger, forming one of the region’s largest…
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Banking
Credit Suisse announces change in Senior Management of Swiss private banking
Credit Suisse announced today that Roger Suter, presently Regional Head Central Switzerland, would succeed Serge Fehr as Head of Private…
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Business
Indian billionaire Mukesh Ambani sets succession plan in motion
The 65-year-old billionaire Mukesh Ambani has begun the early phases of succession planning at his energy-to-technology giant Reliance Industries Ltd,…
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