
Latest Business News
IHC raises stake in Invictus to 40% in $114m deal
Abu Dhabi’s International Holding Company bought 196 million shares, taking its Invictus stake to about 40% in a Dh420m ($114.4m) purchase as it expands into commodities, logistics and global trade; Invictus reported 1H25 EBITDA growth and rising revenue, and IHC said the move supports building positions in economic infrastructure worldwide.
Global rate‑cut momentum in rich countries is fading
Analysts say the late‑2025 easing cycle among advanced economies is weakening, with central banks—including the ECB and several European peers—likely to hold rates steady while the BOJ may hike; Bloomberg Economics’ indicators point to hawkish momentum into December meetings.
US-Mexico-Canada trade review: inflation politics may temper Trump’s threats
POLITICO reports that as President Trump floats withdrawing from parts of the USMCA, officials in Canada and Mexico expect negotiation risks but believe price and inflation concerns may limit extreme tariff actions; legal and congressional constraints could also shape outcomes.
IHC’s strategic capital plan signals major outbound investment push
IHC’s CEO told The National the group plans up to $24 billion of investments over the next nine months and may divest two to three companies while reconfiguring its portfolio—context for the Invictus transaction and wider Abu Dhabi capital deployment.