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Ryan Reynolds joins other celebrities in $1.35 billion Mint Mobile deal
The latest celebrity to gain a major acquisition is Ryan Reynolds. T-Mobile (TMUS) acquired Reynolds-backed Mint Mobile for $1.35 billion on Wednesday. There…
In JV with SEG ENERA, AD Ports enters Uzbekistan logistics
The ADPORTS Group and SEG ENERA Group, one of the largest multisectoral holding companies in Uzbekistan, have formed ADL-Ulanish, which will provide end-to-end…
Dollar slips as investors await Powell testimony
Investors were watching for testimony from Federal Reserve Chair Jerome Powell on Monday as well as the February jobs report at the end of the week, which will…
UAE, Egypt, Jordan, and Bahrain sign $2 billion in industrial deals
During the third meeting of the Industrial Partnership for Sustainable Economic Development's Higher Committee, companies from the UAE, Egypt, Jordan and…
US nominates former Mastercard CEO, Ajay Banga, to lead World Bank
US President Joe Biden nominated former Mastercard CEO Ajay Banga to lead the World Bank, crediting his experience with global challenges such as climate…
Winter storm shuts down parts of the northern U.S.
The northern plains of the USA are largely shutting down ahead of a major winter storm that could dump up to 2 feet of snow in some areas. This storm will be…
Aid for solar, wind industries sought by German economy minister
After talks with industry representatives, Economics Minister Robert Habeck said in Berlin that Germany should increase state support for wind turbines and…
EDGE introduces 11 autonomous, unmanned solutions at IDEX 2023
EDGE today unveiled 11 new innovative unmanned and autonomous solutions with enhanced capabilities for application across the air, land, and maritime domains on…
Lack of cash causes Pakistani food shortages, unemployment
Pakistani businessmen are warning the government that if the import levy is not lifted, millions will lose their jobs. They are urging the administration to…
$150 million EIB investment to create 8,000 technology jobs in ME
Through its new dedicated development finance arm, EIB Global, the European Investment Bank (EIB) will contribute $27 million to the Middle East Venture Fund IV…