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Edaa CEO states Clearstream link to enhance foreign financier access to...
Raed Al-Humaid, CEO of Edaa The linkage between the Securities Depository Center Co. (Edaa) and Clearstream will raise the number of foreign investors and boost capital inflows to the Saudi market, chief executive officer (CEO) Raed Al-Humaid told Argaam in an exclusive. The capital inflows generated from this linkage will boost the liquidity of the…
Fitaihi investors to vote on capital cut on surplus on July...
Fitaihi Holding Group’s shareholders are set to vote on a 50% capital cut to SAR 275 million from SAR 550 million, during the extraordinary general assembly meeting (EGM) to be held on July 7, the company said in a statement on Tadawul. The capital cut will be through writing off 27.5 million shares, on having…
European Union administers over 300 million coronavirus vaccines
The European Union (EU) has administered more than 300 million doses of Covid-19 vaccines, European Commission President Ursula von der Leyen announced on Tuesday. "We have passed 300 million vaccinations in the EU. Every day, we get closer to our goal: to have enough doses delivered to vaccinate 70 per cent of adults in the…
Maha govt extends security from arrest to Param Bir Singh till June 22
The Maharashtra government will not arrest former Mumbai police commissioner Param Bir Singh till June 22 in a case registered against him under the SC/ST (Prevention of Atrocities) Act, the Bombay High Court was told on Monday. Senior counsel Darius Khambata, who appeared for the Maharashtra government, told the high court that his previous statement…
Tata Motors board authorizes proposition to raise as much as Rs 500 cr by means of securities
Tata Motors on Monday said its board has approved a proposal to raise up to Rs 500 crore through the issue of securities on a private placement basis. A meeting of the duly authorised committee has approved subscription, on a private placement basis, up to 5,000 rated, listed, unsecured, redeemable, non-convertible debentures (NCDs) of face…
T20 World Cup: Sourav Ganguly reaches Mumbai to talk about tax exemption problem
Indian board gears up for an all-important meeting to discuss the issue of tax exemption for the upcoming ICC T20 World Cup that is set to be hosted by India in October-November Topics BCCI | Sourav Ganguly | ICC T20 World Cup 2021 ANI Last Updated at June 14, 2021 12:09 IST New Delhi [India], June 14 (ANI): The…
Qualcomm, MediaTek gain huge in mobile phone application chip market
Qualcomm led the smartphone application processor (AP) market with a 40 per cent revenue share in the first quarter this year, followed by MediaTek with 26 per cent and Apple with 20 per cent, a new report has showed. The global smartphone applications processor (AP) market posted a double-digit year-on-year shipment and revenue growth in…
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Business
Germany’s CureVac COVID-19 vaccine flops in scientific trial
German biopharmaceutical company CureVac's COVID-19 mRNA vaccine candidate revealed a disappointing 47% efficacy against COVID-19 disease of any severity, and failed to meet statistical success criteria in a late-stage trial, sending stocks tanking."In the unprecedented context of at least 13 variants circulating within the study population subset assessed at this interim analysis, CVnCoV demonstrated an…
Ortagus: Biden, Obama thought China’s increase, American decrease was ‘unavoidable’
Former State Department Spokeswoman Morgan Ortagus sat down with "Fox & Friends" and blasted President Biden and former President Obama for their handling of China. Biden pushed back on the assertion that he and Chinese President Xi Jinping were "old friends" at a press conference on Wednesday.MORGAN ORTAGUS: It would be admitting that he had…
Madden 22 cover will include NFL’s leading quarterbacks
Madden 22 will have the two top quarterbacks in the NFL on its cover when the game is released later this year.Tom Brady and Patrick Mahomes will be featured as the two co-cover athletes for the game. EA Sports officially announced the Tampa Bay Buccaneers and Kansas City Chiefs stars on Thursday.CLICK HERE FOR MORE…
Biden begins to call Putin ‘President Trump’ at interview
President Biden raised eyebrows with an odd gaffe during his press conference following a summit with Russian President Vladimir Putin, in which he appeared to mistakenly use the name of his own predecessor when discussing the Russian leader.Biden spoke after Putin gave a separate press conference, and was reflecting on what he said about the…
‘Leading’ Chef star Padma Lakshmi dating poet Terrance Hayes, source states:...
Padma Lakshmi is enjoying a sweet summer romance.The "Top Chef" host is dating poet and MacArthur fellowship recipient Terrance Hayes, a source confirmed to PEOPLE magazine on Wednesday."It’s early days and they’re still getting to know each other," the insider claimed.A rep for the 50-year-old didn’t immediately respond to Fox News’ request for comment.PADMA LAKSHMI…
LATEST ARTICLES
European Union administers over 300 million coronavirus vaccines
The European Union (EU) has administered more than 300 million doses of Covid-19 vaccines, European Commission President Ursula von der Leyen announced on Tuesday. "We have passed 300 million vaccinations in the EU. Every day, we get closer to our goal: to have enough doses delivered to vaccinate 70 per cent of adults in the…
Maha govt extends security from arrest to Param Bir Singh till...
The Maharashtra government will not arrest former Mumbai police commissioner Param Bir Singh till June 22 in a case registered against him under the SC/ST (Prevention of Atrocities) Act, the Bombay High Court was told on Monday. Senior counsel Darius Khambata, who appeared for the Maharashtra government, told the high court that his previous statement…
Tata Motors board authorizes proposition to raise as much as Rs...
Tata Motors on Monday said its board has approved a proposal to raise up to Rs 500 crore through the issue of securities on a private placement basis. A meeting of the duly authorised committee has approved subscription, on a private placement basis, up to 5,000 rated, listed, unsecured, redeemable, non-convertible debentures (NCDs) of face…
T20 World Cup: Sourav Ganguly reaches Mumbai to talk about tax...
Indian board gears up for an all-important meeting to discuss the issue of tax exemption for the upcoming ICC T20 World Cup that is set to be hosted by India in October-November Topics BCCI | Sourav Ganguly | ICC T20 World Cup 2021 ANI Last Updated at June 14, 2021 12:09 IST New Delhi [India], June 14 (ANI): The…
Edaa CEO states Clearstream link to enhance foreign financier access to...
Raed Al-Humaid, CEO of Edaa The linkage between the Securities Depository Center Co. (Edaa) and Clearstream will raise the number of foreign investors and boost capital inflows to the Saudi market, chief executive officer (CEO) Raed Al-Humaid told Argaam in an exclusive. The capital inflows generated from this linkage will boost the liquidity of the…
Fitaihi investors to vote on capital cut on surplus on July...
Fitaihi Holding Group’s shareholders are set to vote on a 50% capital cut to SAR 275 million from SAR 550 million, during the extraordinary general assembly meeting (EGM) to be held on July 7, the company said in a statement on Tadawul. The capital cut will be through writing off 27.5 million shares, on having…