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Emirates NBD, a bank based in Dubai, is reportedly seeking a syndicated loan of up to $1 billion from Asian banks.
Emirates NBD Bank PJSC is marketing a syndicated loan of up to $1 billion to Asian banks, Bloomberg Markets reported. This indicates that borrowers in the Gulf region are increasingly confident in seeking financing from the region, even as the war in Iran continues.
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24H Trending
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Asian markets broadly fell: The Hang Seng Index dropped 3.03% to a four-month low, and the Hang Seng Tech Index fell 5%; Brent crude rose 3.2% to $112.27, due to AI concerns and heightened tensions in the Strait of Hormuz.
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NVIDIA Earth-2 Open Models Deployed Across Europe for Weather and Climate Prediction
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Goldman Sachs: Silver Net Longs Fall to Two-Year Low Amid Dual Blows from Dollar Pullback and Weak AI/Solar Sectors
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NVIDIA accelerated computing and open models are widely adopted by European financial giants, with Revolut, Lloyds Banking Group, and others achieving breakthroughs in efficiency and cost.
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JPMorgan Chase Report: Funding Pressure on New Cloud Vendors Won't Impact AI Infrastructure Cycle; Tech Sector Expected to Have $400 Billion Funding Surplus This Year
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Middle East Tensions Escalate: Houthis Claim Multiple Attacks on Saudi Arabia, Brent Oil Surpasses $112, Iran Claims to Have Struck Oil Tanker in Strait of Hormuz
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NVIDIA Launches New Tools for Training, Evaluating, and Deploying World Models on Its Cosmos Platform
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Crypto traders value Indian telecom company Reliance Jio's IPO at approximately $110 billion.
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NVIDIA Drives European Retail Transformation: Shopify Cuts AI Inference Costs by 90%, L'Oréal Accelerates Ingredient Discovery
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NVIDIA's DSX platform is being used by companies worldwide to address power bottlenecks, involving over $300 billion in equipment backlogs and 200 gigawatts of projects awaiting.
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