Latest news and articles about assets from NEX English
Italian authorities have announced the seizure of assets valued at <strong>$232 million</strong> related to the late mafia boss <strong>Matteo Messina Denaro</strong>. This action is part of the government's efforts to combat organized crime and enhance public safety.
Aqua has announced managed assets totaling <strong>455 billion Saudi Riyals</strong> (approximately <strong>$121.3 billion</strong>) by the end of Q1 2026. This growth is attributed to the expansion of its portfolio in renewable energy and water desalination, despite a decline in net profits compared to the same period last year.
Emirates Group announced its assets reached <strong>204 billion dirhams</strong>, marking a <strong>12%</strong> growth compared to last year. This growth reflects the group's financial stability and competitive ability in the market.
Identifying the estate of a deceased person is a crucial step to ensure fair inheritance distribution. Four main entities play a vital role in determining all the assets left behind by the deceased.
Dubai Islamic Bank announced revenues of <strong>3.5 billion dirhams</strong> in the first quarter of the year, with total assets rising to <strong>420 billion dirhams</strong>. This strong performance indicates the bank's sustainable growth in the financial market.
MOT Investment and Development Company has announced the formation of a joint committee with the Ministry of Irrigation to inventory the ministry's assets and resources. This initiative aims to assess asset values for investment opportunities and better returns.
Mubadala Investment Company announced a significant increase in its assets, reaching <strong>AED 1.4 trillion</strong>, marking a growth of <strong>17%</strong> compared to last year. This growth reflects the company's commitment to enhancing its investment portfolio across various sectors.
Mubadala Investment Company, Abu Dhabi's sovereign investment arm, announced its financial results for 2025, revealing total assets of <strong>$385 billion</strong>. This figure highlights the strength of its investment strategy and portfolio diversification.
The Hong Kong government has filed a request to seize assets associated with crimes committed by <strong>Jimmy Lai</strong>, the founder of <strong>Apple Daily</strong>, under national security laws. This move aims to strengthen efforts to prevent activities that threaten national security.
Barclays Bank has decided to cut back on asset-based loans for small borrowers following the collapse of Market Financial Solutions and Tricolor. This decision comes in response to significant financial losses incurred by the bank due to these failures.