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Presight has entered into a cornerstone investment agreement with International Holding Company (IHC), through which IHC has committed to invest in the planned IPO
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There is high demand for the yellow metal as investors are looking for options in an era of rising inflation and an uncertain global economy
Pricing values company at about $50 billion; share sale oversubscribed 50 times
The currency plunge to 285.09 against the US dollar (77.68 against the dirham) in inter-bank market and crosses 290-barrier (79.01 versus the dirham) for the first time
On Wednesday, investors were expecting more US interest rate hikes amid stubbornly high inflation
Forex traders said sustained foreign fund outflows weighed on the rupee and restricted the appreciation bias
The carbon-neutrality-themed bonds, with tenors of 2 and 3 years, were issued by ICBC's branches in Dubai
Impending interest rate hikes by the US Federal Reserve sap the non-yielding asset's appeal
Forex traders say sustained foreign fund outflows weighed on the rupee and restricted the appreciation bias
Wall Street Journal reports the offer could be well over $30 billion but there could be a number of hurdles