Ipsita Sarkar
Ipsita Sarkar is the Digital Editor at BusinessLive Middle East where she tracks market-moving stories from the MENA region and South Asia. For any queries or leads, write to editor@businessliveme.com
Climate Risks Push Kuwait to Consider Lower Oil-Capacity Targets
(Bloomberg) --Kuwait, OPEC’s fourth-biggest member, is considering cuts to its oil production capacity targets, in large part because mounting concern about climate change will...
Saudi King Names Third Foreign Minister in Four Years
(Bloomberg) --Saudi King Salman bin Abdulaziz has named Prince Faisal bin Farhan Al Saud as his third foreign minister since taking the throne in...
Aramco Is Said to Explore Incentives to Reward Loyal IPO Buyers
(Bloomberg) --Saudi Aramco is exploring ways to reward loyal investors in its initial public offering to ensure the record share sale isn’t followed by...
Women Exceed 25% of Board Seats on S&P 500 for the First Time
(Bloomberg) --Women hold more than a quarter of board seats among the biggest companies for the first time, an analysis by executive recruiter Spencer...
Google achieves Quantum Supremacy, solves 10,000-year problem in 200 seconds
Tech giant Google announced a major breakthrough in quantum computing research. The company’s Sycamore – an experimental quantum processor – has achieved Quantum Supremacy.
To...
Son gifted $3.8 billion by parents wants to avoid rich list
(Bloomberg) --Sino Biopharmaceutical Ltd.’s billionaire founder and his wife are transferring about one-fifth of the company’s share capital, or around $3.8 billion, to their...
Investors Lap Up Saudi Arabia’s First Bond Since Drone Attacks
(Bloomberg) --Saudi Arabia raised $2.5 billion of Islamic bonds in its first international debt sale since a missile and drone attack on its oil...
Oil Falls Amid Swelling Stockpiles, Russia Caution on Supply Cut
(Bloomberg) -- Oil fell as Russia sounded a cautious note on whether OPEC and its partners may cut production further, while industry data showed...
India’s SpiceJet to open first international hub in UAE, launch new airline
Indian low-cost carrier SpiceJet will launch its first international hub in United Arab Emirates (UAE), the company announced on Wednesday. It further revealed plans...
GCC data economy worth $4.7 billion, reveals new study
Dubai: Data economy, which is still in the early stages in the Gulf Cooperation Council (GCC), is estimated to be worth $4.7 billion -...
