Sources: Chinese autonomous driving company Momenta has reached a ~$9B valuation as it gears up to raise ~$1B in an upcoming Hong Kong IPO (Jiahui Huang/Wall Street Journal)

Jiahui Huang / Wall Street Journal:
Sources: Chinese autonomous driving company Momenta has reached a ~$9B valuation as it gears up to raise ~$1B in an upcoming Hong Kong IPO  —  The company has also been backed by Toyota and SAIC Mot…

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UAE launches first retail T-Sukuk, letting residents invest in government-backed assets from Dh1,000

UAE residents can now invest in government-backed Islamic Treasury Sukuk with a minimum of Dh1,000, thanks to the launch of the Sovereign Retail T-Sukuk programme. This Shariah-compliant product, developed with the Central Bank, aims to boost savings a…

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