In a move that could reshape the political dynamics of West Asia, U.S. President Joe Biden expressed hope that Israel’s recent high-stakes airstrike targeting Iran’s critical military installations might conclude a protracted cycle of conflict. Biden, who has been balancing U.S. support for Israel with caution over triggering a broader regional crisis, signaled optimism that […]
In a significant development for Aster DM Healthcare Ltd (NSE: ASTERDM; BSE: 540975), the healthcare giant has successfully obtained the requisite majority of shareholder votes in favor of separating its Gulf Cooperation Council (GCC) operations from its Indian business. The vote, concluding on January 22, 2024, marks a pivotal shift in the company’s strategic direction, […]
The Public Investment Fund (PIF) has announced its investment in Alkhorayef Petroleum, from the Alkhorayef Group, through a share subscription agreement for a 25% shareholding. The remaining 75% stake will be retained by Alkhorayef Group, the parent company. Strategic Goals of the Investment This investment by PIF is part of a broader initiative to enhance […]