Rapidly increasing defence exports, a huge focus on domestic manufacturing, high returns on capital employed (RoCE), and strong cash flows are key attributes for the potential growth in the sector.
UAE stocks generated strong cash flows Monday, with market liquidity surpassing AED1 billion. International Holding Company (IHC) and Dubai Electricity and Water Authority (DEWA) topped the market in terms of number of transactions.
UAE stocks generated strong cash flows Monday as the International Holding Company (IHC) maintained robust performance and closed at AED 400.6, following more than AED 217.2 million worth of transactions.
Singapore, April 6 (ANI): S&P Global Ratings on Tuesday raised its issuer credit rating on Tata Steel and its subsidiary ABJA Investment Co Pte Ltd to BB-minus from B-plus.