Microsoft agrees to buy 4% of the London Stock Exchange

Date 12/12/2022 11:00:08 PM (MENAFN-Al-Anbaa) Microsoft has agreed to buy a stake in the London Stock Exchange (LSEG), which will give the software company 4% ownership, a deal that underscores the importance of synergy between London market data and analytics and what technology can play in increasingly financial computing markets.LSEG said in a statement […]

The gains of the UAE financial markets exceeded $64.9 billion in November

Malik Salameh – directUAE financial market indices varied during the trading of November of this year, with the Dubai market index declining slightly, while the Abu Dhabi Securities Market jumped 151 points from the last session last month. According to market data, the UAE financial markets achieved gains amounting to 238.31 billion dirhams, equivalent to […]

To save costs, H&M, to sell fashion, will cut 1,500 jobs.

Date 11/30/2022 7:44:23 AM (MENAFN-Al-Bayan) Swedish fashion company H&M said on Wednesday it would cut about 1,500 jobs as part of its efforts to cut costs and set aside 800 million Swedish crowns ($75.80 million) for restructuring purposes in the fourth quarter. And in September, H&M, the world’s second largest fashion retailer, launched […]

The expected listing of “Americana” shares on December 12

Date 11/29/2022 2:04:44 AM (MENAFN-Al-Bayan) Americana International Restaurants Company announced the allocation of shares to investors and the updated schedule for its initial public offering, the first simultaneous dual listing on the Abu Dhabi Securities Exchange and the Saudi Stock Exchange (Tadawul). As announced on November 24, the final price of the shares to […]