FILTERED RESULTS
FILTERS
•
·
·
FILTERED RESULTS
Morning Bid: October doubts
Hormel Foods to buy Brakebush in deal valued at $1.06 billion
Elf Beauty stock gains on strong sales data from Canaccord tracker
Stocks and Bonds Pause Ahead of US Data, Micron: Markets Wrap
Iran Increases Alert Level at 46 Infrastructure Facilities
Oracle Expands Financial Crime and Compliance Management Portfolio with New AI Tools
Crude Oil Prices Decline Amid US-Iran Negotiations and SPR Release
Flydubai Flight FZ1081 Diverts Back to Dubai
Apple (AAPL) Stock Dips 3% Despite Strong iPhone 18 Pro Performance in China
Novo Nordisk (NVO) Stock: Oral Wegovy Users Shed 4% Body Weight in OCTANE Study
US Dollar Maintains Strength Near Two-Month Peak Ahead of Critical Inflation Report
Dubai-Israel Flight Makes Saudi Emergency Landing After Incident
UAE-Israel flight diverted after distress signal and 20,000ft drop
European Markets Surge on Tech Rally Fueled by Trump’s AI Infrastructure Push
DeepSeek and Huawei Target a Key Source of Nvidia’s A.I. Dominance
ABN AMRO Bank Extends Partnership with Infosys for AI Transformation
Equity positioning stays overweight, but summer extremes have eased: Barclays
GEO and SWBI: Decoding Five Election Cycles of Wall Street’s Most Politically Wire
Japan economic panel members underline BOJ independence
Inflation jumps across euro zone, raising pressure on ECB to hike
Zambia Bucks Global Trend, Delivers Deepest Rate Cut in 15 Years
Apple to Launch New Smart-Home Products on October 13
UK FCA Begins Accepting Applications for Crypto Firm Authorization
Needham Maintains Buy Rating on SpaceX with $250 Price Target
Why is Yiren Digital stock climbing today?
UK regulator warns Brink’s takeover could hurt ATM competition
Ireland reports retail sales growth in August
Russia warns NATO over Kaliningrad nuclear threat
Goodhart and Pradhan on the end of monetary independence
Sterling Rises on Strong U.K. Data, Prospect of Fiscal Discipline And Improved EU-U.K. Ties
Payhawk Expands European Presence with New Offices in Stockholm and Warsaw
Bank of England Warns of Potential AI Market Correction
OpenAI Faces Lawsuit Over Cyberattack Linked to AI Systems
Porsche Shifts Focus Back to Petrol Vehicles Amid Declining EV Sales
Internet Customers Seek Better Deals, Putting Pressure on Cable
Russia strikes energy facilities in Kyiv and nearby areas in prelude to winter assault
US trade court to weigh challenge to Trump’s forced labor tariffs
Facing climate lawsuits, Big Oil again turns to US Supreme Court
Italian inflation surges above 4%, in headache for PM Meloni
Wall St regulator to unveil new retail investor proposals for private assets
UK household energy cap seen rising 16% in January on Middle East gas shock
Oil Markets Rally Despite Persistent Middle East Supply Concerns
Gold Steadies Ahead of Critical Fed Inflation Gauge Release
Remy Cointreau Sells Debut Hybrid Bond as It Pursues Turnaround
Tullow Oil Shares Drop 50% After Loss of Ghana Tax Dispute
Surge in Bond Yields Is Spilling Over to the Dollar
Gold Holds Steady as Market Awaits Key US Inflation Indicator
Infleqtion (INFQ) Teams Up With Riverlane on Quantum Error Correction: Is the Stock a Buy?
U.S. President Trump Engages in Key Meetings and Celebrations on September 30, 2026
Ethiopian Airlines to sign agreement with Boeing for 10 freighters
Why is Moderna stock down 4% today?
Poland inflation forecast at 3.1% for 2026, central bank survey shows
Greece retail sales volume climbs 5.2% in July
Boeing (BA) Stock Surges on $20B Navy F/A-XX Fighter Jet Award
Treasury Yields Fall on Dovish-Leaning Fed Speech; European Yields Follow Suit
Chilly Markets and AI Safety Debates Derail Wall Street’s Blockbuster IPO Season
Israeli Settlement Boycotts Risk Triggering Economic Isolation
Capitec Ups Provisions as It Braces for Inflation, Rate Pressure
Stocks Steady as US Data and Micron Pose Key Tests: Markets Wrap
Ryan Cohen Doubles Down: GameStop (GME) Stock Surges on CEO’s $10.6M Purchase
The Surprises That New CEOs Face
Gold on pace for monthly drop as U.S. inflation data looms
Oil bounces as jitters around Mideast supplies persist despite signs of recovery
Bank of England sees growing risk that dangers from AI and debt will materialise
Jefferies sees Senate permitting deal as positive for NextEra
Japanese economic panel members emphasise BOJ’s independence
Bitcoin Consolidates Amid US-Iran Negotiations and Fed Comments
German unemployment and state inflation rise in September
ARK Invest Shifts Portfolio: Dumps AMD (AMD) for Nvidia (NVDA) and Tesla (TSLA)
Modon awards $200m Ras El Hekma contract to Egyptian JV
Abu Dhabi developer Modon Holding has awarded a construction contract for one phase of Wadi Yemm, a part of the $35 billion Ras El Hekma master development, to a joint venture between two Egyptian contractors.
Innovo Build and RedCon Construction will carry out infrastructure and contracting works for the ‘DP03 East’ package, valued at more than EGP12 billion ($230 million), RedCon said.
Spanning a built-up area of 323,000 square metres, the project is scheduled for completion within 21 months. The development encompasses 660 residential units, along with public service areas, lakes, a commercial mall, landscaping and road paving.
Abu Dhabi wealth fund ADQ appointed Modon, listed on the Abu Dhabi Securities Exchange (ADX), as the master developer for the mega-project in 2024.
In July, Modon said it will develop a Nammos-branded luxury resort and residential project in Ras El Hekma.
The Ras El Hekma project is forecast to contribute $25 billion annually to Egypt’s GDP and create 750,000 direct and indirect jobs.
Wadi Yemm is the first ‘premium destination’ within Ras El Hekma, featuring residential units, hotels and recreational facilities, including two golf courses and a 10,000-seat open-air theatre.
Modon shares closed 0.33 percent lower at AED2.99 on Tuesday, down 11 percent since January 1.
ADQ is one of Modon’s largest shareholders.
Further reading:
Source: AGBI