Latest news with #JoumannaBercetche
Bloomberg
a day ago
- Business
- Bloomberg
Abu Dhabi Firm Looks to Build Data Centers in Space
Bloomberg Daybreak: Middle East Africa Horizons Middle East and Africa TV Shows Madari Space, an Abu Dhabi-based firm aiming to build data centers in space, is planning its first mission in the third quarter of 2026, founder and CEO Shareef Al Romaithi tells Joumanna Bercetche on Bloomberg's Horizons: Middle East and Africa. (Source: Bloomberg)
Bloomberg
6 days ago
- Business
- Bloomberg
ADIB GCEO: Mid East Economy Resilience Not Surprising
Abu Dhabi Islamic Bank, ADIB, reported net income for the second quarter of AED 1.78 billion up 13% Y/Y. The lender also had a strong first half, with net income climbing 15% in comparison to 2024. Mohamed Abdelbary, Group CEO of ADIB spoke to Horizons Middle East and Africa anchor Joumanna Bercetche on the numbers & the reaction to the geopolitical volatility in markets. (Source: Bloomberg)
Bloomberg
22-07-2025
- Business
- Bloomberg
Ahmed: UAE's Economy Remains Resilient
UAE's RAKBANK has reported pre tax profit for the first half of the year at AED 1.5 billion. That's a 26% jump year on year, which the bank says has been driven by non-interest income growth and an improvement in asset quality. Raheel Ahmed, CEO of RAK Bank spoke to Bloomberg's Horizons Middle East and Africa anchor Joumanna Bercetche on the growth. (Source: Bloomberg)
Bloomberg
21-07-2025
- Business
- Bloomberg
Fed Right to Be in Wait-And-See Mode: Sharma
Algorithm Research Founder and CEO Ketaki Sharma discusses the resiliency of US markets, the latest inflation data and her outlook for Fed policy with Bloomberg's Joumanna Bercetche on 'Horizons Middle East and Africa.' (Source: Bloomberg)
Bloomberg
21-07-2025
- Business
- Bloomberg
Citi's Azevedo Sees Busy 2H for Gulf Listings
The UAE is seeing renewed momentum in equity capital markets heading into the second half of 2025. Planned deals are building on the successful debut of a residential real estate investment trust -- which helped revive sentiment after several disappointing listings late last year. Meanwhile, the picture is somewhat muted over in Saudi Arabia, as firms eyeing share sales face investor caution over valuations. Miguel Azevedo, Managing Director & Investment Banking Vice-Chair for Middle East & Africa at Citi spoke to Horizons Middle East and Africa anchor Joumanna Bercetche. (Source: Bloomberg)
