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Business

Dutch firm Adyen selects DIFC as regional headquarters

February 16, 2021

Dubai International Financial Centre has welcomed global payment technology provider Adyen, a company that has a market capitalization of €66.4…

Business

Investcorp acquires industrial portfolio in Wales

February 14, 2021

Investcorp, a Bahrain-based asset manager that counts Mubadala Investment Company as its biggest shareholder, on Monday announced that one of…

Business

Alibaba secures HK$80 billion to expand AI investment

August 24, 2026

Alibaba Group has priced an HK$80 billion share placement to fund artificial intelligence investment and expand its AI infrastructure. The Chinese technology group will issue 710 million new ordinary shares at HK$112.70 each. The deal is worth about US$10.2 billion at current exchange rates. Alibaba expects the transaction to close on Aug. 26, subject to customary conditions.

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Browsing: Business

Dutch firm Adyen selects DIFC as regional headquarters

Investcorp acquires industrial portfolio in Wales

Alibaba secures HK$80 billion to expand AI investment

South Korea launches Arctic container ship trial to Europe

Nearly 22,000 Pakistanis deported from Gulf over 4 months

Australian team finds new way to tackle triple-negative breast cancer

Japan posts record July trade as imports outpace exports

DR Congo allocated 70,000 doses for Ebola outbreak

Wall Street rises after Treasury expands debt buybacks

WHO maps three-month path for Congo Ebola containment

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