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Forbes Middle East

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linkhttps://www.forbesmiddleeast.com/ calendar_today25-06-2020 15:35:43

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South Korea has announced a $19 billion support plan to boost the country's semiconductor industry.



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South Korea has announced a $19 billion support plan to boost the country's semiconductor industry. #Forbes For more details: 🔗on.forbesmiddleeast.com/54sx
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The Justice Department is reportedly expected to file suit against entertainment giant , possibly seeking to break up the Ticketmaster parent mired by monopoly allegations and a botched Taylor Swift ticket sale.



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The Justice Department is reportedly expected to file suit against entertainment giant #LiveNation, possibly seeking to break up the Ticketmaster parent mired by monopoly allegations and a botched Taylor Swift ticket sale. #Forbes For more details: 🔗on.forbesmiddleeast.com/plzd
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prices fell for the fourth straight session after Fed minutes hinted at possible interest rate hikes due to persistent inflation, potentially affecting oil demand.



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#Oil prices fell for the fourth straight session after #US Fed minutes hinted at possible interest rate hikes due to persistent inflation, potentially affecting oil demand. #Forbes For more details: 🔗on.forbesmiddleeast.com/2c55a0
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Australian mining giant Group is reportedly determined to maintain the structure and value of its latest $49 billion offer to acquire British mining firm Anglo American.



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Australian mining giant #BHP Group is reportedly determined to maintain the structure and value of its latest $49 billion offer to acquire British mining firm Anglo American. #Forbes For more details: 🔗on.forbesmiddleeast.com/f9332b
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A new study suggests that ultra-processed foods like chips, soda, and hotdogs may cause an increased risk of stroke and cognitive impairment, adding to previous research that's linked these foods to multiple health conditions.



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A new study suggests that ultra-processed foods like chips, soda, and hotdogs may cause an increased risk of stroke and cognitive impairment, adding to previous research that's linked these foods to multiple health conditions. #Forbes For More details: 🔗on.forbesmiddleeast.com/yd1b
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Philip Morris International, the world’s largest tobacco company by market value, has announced an acquisition of a 14.7% indirect stake in Egypt’s Eastern Company.



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Philip Morris International, the world’s largest tobacco company by market value, has announced an acquisition of a 14.7% indirect stake in Egypt’s Eastern Company. #Forbes For more details: 🔗 on.forbesmiddleeast.com/08u5
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again shattered Wall Street forecasts in its anxiously awaited earnings report, sending shares of the chip designer and artificial intelligence top dog toward a record high.



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#Nvidia again shattered Wall Street forecasts in its anxiously awaited earnings report, sending shares of the chip designer and artificial intelligence top dog toward a record high. #Forbes For more details: 🔗 on.forbesmiddleeast.com/z0vv
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-based firm eFinance has acquired a 25% stake in Al Ahly Momken and a 13% stake in EasyCash to facilitate digital payments and further the digitalization of the Egyptian economy.



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#Egypt-based #fintech firm eFinance has acquired a 25% stake in Al Ahly Momken and a 13% stake in EasyCash to facilitate digital payments and further the digitalization of the Egyptian economy. #Forbes For more details: 🔗 on.forbesmiddleeast.com/vdkm
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A recent research has shown that microscopic pieces of plastic have made their way into the human blood and organs through polluted food, water and air.



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A recent research has shown that microscopic pieces of plastic have made their way into the human blood and organs through polluted food, water and air. #Forbes For more details: 🔗 on.forbesmiddleeast.com/grq8
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Mattel announced a new partnership with Outright Games that will see the pair release three new games based on classic brands—including the rejuvenated franchise.



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Mattel announced a new partnership with Outright Games that will see the pair release three new games based on classic brands—including the rejuvenated #Barbie franchise. #Forbes For more details: 🔗 on.forbesmiddleeast.com/fvvh
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The will hold a general election on July 4 despite polling in recent years indicating the government’s ruling party will likely be ousted after more than a decade in power.



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The #UK will hold a general election on July 4 despite polling in recent years indicating the government’s ruling party will likely be ousted after more than a decade in power. #Forbes For more details: 🔗 on.forbesmiddleeast.com/i8sk
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The type of artificial intelligence that powers systems like OpenAI’s and Google’s will not be able to reach human levels of intelligence, ’s AI chief Yann LeCun said in an interview.



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The type of artificial intelligence that powers systems like OpenAI’s #ChatGPT and Google’s #Gemini will not be able to reach human levels of intelligence, #Meta’s AI chief Yann LeCun said in an interview. #Forbes #AI For more details: 🔗 on.forbesmiddleeast.com/z0jo
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The consumer watchdog said that buy now, pay later firms will now have to abide by the same rules that apply to traditional credit card providers amid increased scrutiny on the rapidly expanding sector.



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The #US consumer watchdog said that buy now, pay later firms will now have to abide by the same rules that apply to traditional credit card providers amid increased scrutiny on the rapidly expanding sector. #Forbes For more details: 🔗 on.forbesmiddleeast.com/rdg8
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The Abu Dhabi National Oil Company (ADNOC) is offering an additional 5.5% shares in ADNOC Drilling via a bookbuild offering to certain eligible institutional investors.



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The Abu Dhabi National Oil Company (ADNOC) is offering an additional 5.5% shares in ADNOC Drilling via a bookbuild offering to certain eligible institutional investors. #Forbes For more details: 🔗 on.forbesmiddleeast.com/y8f7
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The ’s Finance Ministry has issued $300 million in Islamic Treasury Sukuk for the second quarter of 2024.



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The #UAE’s Finance Ministry has issued $300 million in Islamic Treasury Sukuk for the second quarter of 2024. #Forbes For more details: 🔗 on.forbesmiddleeast.com/l7kn
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Finnish telecommunications company has completed the acquisition of the -based Fenix Group to strengthen its tactical communications offerings.



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Finnish telecommunications company #Nokia has completed the acquisition of the #US-based Fenix Group to strengthen its tactical communications offerings. #Forbes For more details: 🔗 on.forbesmiddleeast.com/v99w
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Beijing has imposed sanctions on 12 defense companies and 10 executives in retaliation against Washington’s blacklisting of Chinese firms for alleged exports to and its sales of arms to  .



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Beijing has imposed sanctions on 12 #US defense companies and 10 executives in retaliation against Washington’s blacklisting of Chinese firms for alleged exports to #Russia and its sales of arms to #Taiwan. #Forbes For more details: 🔗 on.forbesmiddleeast.com/kw8w
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insurance firm Rasan has set the final price offer of its IPO at the top of the range amid significant oversubscription in the book-building process.



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#Saudi insurance #fintech firm Rasan has set the final price offer of its IPO at the top of the range amid significant oversubscription in the book-building process. #Forbes For more details: 🔗 on.forbesmiddleeast.com/58t5
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A massive fire broke out Wednesday morning at Danish pharmaceutical giant Novo Nordisk's headquarters site in Bagsværd, Denmark, and is swiftly spreading to other buildings.



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A massive fire broke out Wednesday morning at Danish pharmaceutical giant Novo Nordisk's headquarters site in Bagsværd, Denmark, and is swiftly spreading to other buildings. #Forbes For more details: 🔗 on.forbesmiddleeast.com/bam4
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From raising blockbuster funding rounds to going public, here are four alums of our Forbes 30 Under 30 Asia lists who recently reached new milestones.



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From raising blockbuster funding rounds to going public, here are four alums of our Forbes 30 Under 30 Asia lists who recently reached new milestones. #Forbes For more details: 🔗 on.forbesmiddleeast.com/rsyk
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