Aldar Secures $2.5 Billion Credit Facility to Drive Growth Aldar Properties, Abu Dhabi's largest real estate developer, has raised AED 9 billion ($2.5 billion) through a sustainability-linked revolving credit facility. This financing boosts the company’s total liquidity to AED 27 billion, reinforcing its position as a leader in the region’s real estate sector and supporting […]
MPs Demand Scrutiny of Shein Amid Supply Chain and Ethical Concerns Shein, the fast-fashion giant, is under intense scrutiny as Members of Parliament (MPs) question the company's transparency and ethical practices. Concerns about Shein's supply chain, specifically its potential links to forced labor, have prompted calls for stricter evaluation mechanisms at the London Stock Exchange […]
UAE Banks to Witness Strong Lending Growth in 2025 Amid Favorable Policies The UAE banking sector is poised for substantial lending growth in 2025, bolstered by favorable monetary policies and a thriving economic environment. According to S&P Global Ratings analyst Puneet Tuli, non-performing loans (NPLs) and credit losses are expected to remain minimal, reinforcing the […]
TikTok Faces Potential Ban in the U.S.: What You Need to Know The future of TikTok, the wildly popular short-form video platform, hangs in the balance as the U.S. Supreme Court deliberates on a law that could lead to its prohibition. The case highlights a heated national debate, intertwining concerns over national security with free […]
Top 7 Wealthiest Women in Africa: Trailblazers of Industry and Wealth The 2024 Africa Wealth Report by Henley & Partners highlights Africa’s rising prominence in global wealth, boasting 135,200 high-net-worth individuals and 21 billionaires. Among these affluent personalities, women have made significant strides, establishing themselves as leaders across various industries, from oil and real estate […]
Wealthiest 1% Exhaust 2025 Carbon Budget in Just 10 Days A new report from Oxfam GB reveals that the world’s wealthiest individuals have consumed their fair share of the global carbon budget for 2025 in a mere ten days. This statistic highlights the vast inequality in carbon emissions and the urgent need for systemic action […]
Tesla Faces Sales Challenges Amid Elon Musk’s Controversial Public Image Tesla, a pioneer in the electric vehicle (EV) market, ended 2024 with its first annual decline in global vehicle deliveries in over a decade. The company reported a 1% drop, delivering approximately 1.79 million vehicles compared to 1.81 million in 2023. Despite a 2% rise […]
SONGWON and Altek Form Strategic Partnership to Drive PVC Solutions in the Middle East SONGWON Industrial Group, a global leader in specialty chemicals, has established a strategic partnership with Altek International FZE, a renowned chemical distribution company based in Dubai, UAE, to strengthen its presence in the Middle East. Effective from January 1, 2025, this […]
Breaking Barriers: Women in the Tech Industry The technology industry, a cornerstone of global innovation and economic growth, has long been viewed as a male-dominated field. Despite notable advancements, women remain underrepresented across many facets of the tech world, from software engineering to leadership positions. However, the presence of women in technology is not only […]
Justin Trudeau Resigns: Canada Enters a Pivotal Political Era Canadian Prime Minister Justin Trudeau has announced his resignation as leader of the Liberal Party, marking a seismic shift in the nation's political landscape. After nearly a decade at the helm, Trudeau’s decision reflects growing public dissatisfaction and mounting challenges that have plagued his government in […]
U.S. Steel and Nippon Steel File Lawsuits Against Biden Administration Over Blocked Merger In a high-stakes legal and political drama, U.S. Steel and Nippon Steel have launched lawsuits against the Biden administration, alleging that the decision to block their proposed $15 billion merger was influenced by political motivations. This move has ignited debates over national […]
Egypt Secures $1.2 Billion IMF Disbursement Amid Economic Challenges Egypt is set to reinforce its financial reserves with a $1.2 billion disbursement from the International Monetary Fund (IMF) in January 2025. This installment is part of an $8 billion Extended Fund Facility (EFF) program designed to help stabilize Egypt’s economy, which has been battered by […]
CEO Today Online and CEO Today magazine are dedicated to providing CEOs and C-level executives with the latest corporate developments, business news and technological innovations.
