Aqua Power Acquires Energy and Water Desalination Assets in Kuwait and Bahrain for SAR 2.6 Billion
Aqua Power acquires energy and desalination assets in Kuwait and Bahrain for SAR 2.6 billion to strengthen regional presence.
Google Signs Solar Power Agreement in Malaysia to Reduce Global Emissions
Google has signed an agreement to purchase electricity from a 30 MW solar project in Malaysia, supporting clean energy initiatives.
Abu Dhabi Ports Plans to Acquire Controlling Stake in Egyptian Container Operator Through Mandatory Offer
Abu Dhabi Ports plans to acquire a controlling stake in Alexandria Container by purchasing 32% of shares, enhancing its Egyptian market presence.
UK Faces Economic Contraction and Expected Rate Cut to 3.75% on December 18
UK economy shrank by -0.1%, prompting expected rate cut to 3.75% on Dec 18. Growth forecasts downgraded, inflation remains a challenge.
Mitsubishi Bank Invests $3.2 Billion in India Amid Shift from Western Markets
Mitsubishi Bank is investing $3.2 billion in India's Shriram Finance, marking a shift towards Asian markets away from the West.
Saudi Market Opens with Slight Decline Amid Investor Caution and Global Factors
The Saudi financial market opened with a slight decline, pressured by the dollar and oil prices, while the performance of leading stocks varied.
France Achieves 0.9% Growth Amid Political Turmoil
France's economy grew 0.9% year-on-year despite political turmoil, driven by strong exports and investment, but faces financial challenges.
Germany Records Zero Growth Amid Deepest Economic Crisis Since WWII
Germany's economy stagnated in Q3 2025, marking its deepest crisis since WWII, with weak growth and rising public debt.
UAE Central Bank: Strong Credit Demand Growth in Q3 Driven by Construction and Credit Cards
UAE's Q3 2025 saw strong credit demand, led by construction and credit cards, with banks optimistic for continued growth.
Relative Stability in Currency and Gold Markets in Egypt at the Start of the Week
Egypt's currency and gold markets show stability; dollar ranges 47.40-47.60 EGP, gold prices fluctuate slightly amid global trends.
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