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He explained the Park’s high-performance computing facilities, like the Sharjah Open Innovation Lab (SOILAB), as well as its network and relationship with outside partners will allow it to help provide companies with the support they need to grow. A new AI Hub has been launched in Sharjah aimed at accelerating AI adoption and will bring together infrastructure, partnerships and expertise into one ecosystem that supports companies looking to grow. Defence planners increasingly view the island as a decisive pressure point if tanker traffic through Hormuz remains constrained — a step that could remove 1.5 to 2 million barrels per day of Iranian exports from global markets almost overnight. Disruptions that began in South Asia are already spreading across wider energy markets, according to Wael Sawan, chief executive of Shell. The acquisition of Peko Holdings further strengthens IHC’s global portfolio and reinforces its commitment to backing businesses that enable economic participation, operational efficiency, and sustainable growth across diverse markets.

Bangladesh is considering introducing partial online classes in schools as part of austerity measures to ease pressure from the global energy crisis and domestic constraints. The platform is underpinned by recurring, subscription-based revenues, high customer retention, and strong scalability, positioning it as foundational digital infrastructure for the next generation of digital-first businesses. Peko is an all-in-one digital platform purpose-built to help businesses streamline financial operations and essential administrative processes through a single, intuitive interface. The company operates through 220 branches across more than 150 towns and cities, employing over 4,400 people and playing a key role in advancing financial inclusion. Sammaan Capital, which is publicly listed on the Bombay Stock Exchange and National Stock Exchange of India, is among the country’s largest non-banking financial companies, primarily focused on mortgage lending.

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  • The platform is underpinned by recurring, subscription-based revenues, high customer retention, and strong scalability, positioning it as foundational digital infrastructure for the next generation of digital-first businesses.
  • The United States and its allies have released an estimated 400 million barrels from strategic reserves — the largest coordinated release on record — while temporarily easing restrictions on some sanctioned oil supplies to stabilise markets.
  • Meanwhile, HDFC Mutual Fund (MF), the Singapore government and the Monetary Authority of Singapore have collectively bought shares of the supermarket chain.
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Currently, IHC holds a 26.9 percent stake in the financial company, and the transaction will be executed in multiple stages in accordance with applicable Indian regulations, IHC said in a disclosure on the Abu Dhabi Securities Exchange, where it is listed. These entities purchased more than 29.42 crore shares or a 6.3 per cent stake in VMM at an average price of ₹117 per share, taking the aggregate value to ₹3,443.17 crore. According to the bulk deal data on the National Stock Exchange (NSE), Samayat Services LLP sold a total of 65.25 crore equity shares in two tranches, representing a 13.96 per cent stake, in Gurugram-based Vishal Mega Mart.

Citing a recent survey, Hoque said about 55% of students and guardians support a mixed model, though he warned that fully online classes could increase social isolation. The plan would introduce a hybrid system combining online and in-person classes to reduce energy use while maintaining stake bet academic continuity, the minister said. Officials cited rising fuel import costs and supply uncertainties stemming from instability in the Middle East, which have driven global oil prices higher.

Following the stake sale, Samayat Services LLP’s holding in Vishal Mega Mart (VMM) declined to 40.13%, from 54.09%. Stay globally informed with exclusive story from New York Times. Analyze the market sentiments & identify the trend reversal for strategic decisions. Check the score based on the company’s fundamentals, solvency, growth, risk & ownership to decide the right stocks.

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