UAE Boosts Economic Ties with $30 Billion Investments in Morocco

In a significant development highlighting the deepening economic relations between the UAE and Morocco, investments from the UAE into Morocco have surged to a substantial $30 billion. This revelation came from Jamal Saif Al Jarwan, Secretary-General of the UAE International Investors Council, shedding light on the UAE’s expanding global investment footprint. The UAE’s overseas investments,…

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Mumbai overtakes Beijing as Asia’s billionaire capital | Hurun Global Rich List 2024

The annual Hurun Global Rich List for 2024 has been released, showcasing the extraordinary wealth amassed by individuals across the globe. Compiled by the prestigious Hurun Research Institute, this year’s report offers a snapshot of the world’s billionaires as of January 15, 2024, and unveils remarkable insights into the distribution of wealth across nations and…

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US Department of Justice Sues Apple for Antitrust Violations

Apple Stock Drops After US Department of Justice Sues for Antitrust Violations

The U.S. Department of Justice (DOJ) filed a complaint against Apple Inc. (AAPL) on Thursday, claiming the tech giant violated antitrust laws with its strict iPhone and App Store restrictions. This is a huge development that has sent shockwaves across the tech industry. Concerns regarding Apple’s dominance in the smartphone industry and its control over…

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HUL

HUL Considering Ice Cream Division Demerger: Will it Enhance Value?

Hindustan Unilever Ltd. (HUL), India’s leading consumer goods manufacturer, finds itself at a crossroads as it evaluates the fate of its ice cream division amidst its parent company’s restructuring endeavors. Analysts weigh in on the potential implications of retaining or divesting the business, offering insights into the company’s strategic considerations and market dynamics. The ice…

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