China’s Xi tells Middle East to be ‘masters of their own destiny’ amid Iran war

Chinese President Xi Jinping urged Middle Eastern nations to resist external interference. He called for reshaping the region’s security order during talks with Egypt’s President Sisi. Both leaders agreed to deepen security and economic cooperation between their nations. China seeks to expand its influence and safeguard vital shipping routes. Egypt is diversifying its international partnerships…

JM Financial Asset Management garners Rs 700 crore from maiden pre-IPO fund

JM Financial Asset Management has secured Rs 700 crore in its pre-IPO fund’s first close. This fund targets businesses expected to list publicly within eighteen months. It received commitments from various investors, including family offices and institutions. The fund will invest sector-agnostically in companies with strong fundamentals and growth prospects. JM Financial Asset Management’s AIF…