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According to the exchange filing, upon completion of an open offer (announced at ₹139 per fully paid equity share), and assuming full uptake in the open offer, IHC, through Avenir will hold 63.3 per cent stake in Sammaan Capital. Sammaan Capital has already received an initial tranche of ₹5,652 crore, equivalent to about $600 million, towards the allotment. Stake is authorised to offer Shariah compliant investments. All investments through Stake carry risk and are not guaranteed. Stake platform consists of the website (Stake ) and mobile app. Past performance is not a reliable indicator of future results.
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Spare global production capacity — estimated at only 3 to 4 million barrels per day — is far too limited to offset a prolonged disruption at Hormuz. Energy economists say the current crisis differs from previous oil shocks because it is being driven less by production shortages and more by transport bottlenecks at one of the world’s most critical energy chokepoints. Any attempt to disable or seize the island could sharply tighten global supply and send prices surging almost immediately.
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SPARK, formerly known as SRTIP, was established in 2016 by the emirate’s ruler, Sheikh Dr. Sultan bin Mohammed Al Qasimi, and to date has over 7,500 companies registered under it, from healthcare to advanced manufacturing. The aim is to equip participants with the skills needed to adopt and scale AI solutions in real-world settings. “There are many who want to do things in the UAE but cannot come here, so we want to create a platform to allow them to be part of this.”
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- The Abu Dhabi investment firm will have rights to appoint a majority of Sammaan Capital’s board and play an active role in its strategic direction following the acquisition, which will amount to approximately 41.5 per cent.
- The end of support for Windows 10 on October 14, 2025, highlights the urgency of migrating IT infrastructures to modern, high-performance systems.
- The outgoing promoters, including Unilever, are now reclassified as public.
- He explained the Park’s high-performance computing facilities, like the Sharjah Open Innovation Lab (SOILAB), as well as its network and relationship with outside partners will allow it to help provide companies with the support they need to grow.
An NPU is a specialized chip that executes AI-powered tasks directly on the device without requiring cloud services. The processors combine modern Zen 5 CPU cores with an integrated, powerful Neural Processing Unit (NPU) that delivers up to 55 TOPS (tera-operations per second) for AI workloads — currently one of the highest AI compute capabilities in mobile processors. From the early days with its first processor designs to current innovations in high-performance and AI technologies, AMD’s history is one of continual development and creative engineering passion. It was a special Tuesday for Bollywood actress Huma Qureshi, as she woke up to a surprise shout-out from the acclaimed global filmmaker Zack Snyder.
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Following the stake sale, Samayat Services LLP’s holding in Vishal Mega Mart (VMM) declined to 40.13%, from 54.09%. Stay globally informed with exclusive story from New York Times. Analyze the market sentiments & identify the trend reversal for strategic decisions. Check the score based on the company's fundamentals, stake app solvency, growth, risk & ownership to decide the right stocks.
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