ABU DHABI 1 March 2019: A wholly-owned subsidiary of Abu Dhabi Investment Authority (Adia) has partnered with Kotak Investment Advisors to launch the Kotak Special Situations Fund, which will target a range of Non-Performing Loan […]
Deal is worth Dh1.2 billion ABU DHABI 28 February 2019: Aldar Investment Properties has agreed to acquire full ownership of Etihad Plaza and Etihad Airways Centre in an Dh 1.2 billion transaction with Etihad Airways […]
ABU DHABI 27 February 2019: Borouge has awarded TechnipFMC, Maire Tecnimont, and WorleyParsons, three major contracts for the fourth phase of the Ruwais petrochemicals complex which will include the world’s largest mixed feed cracker. In […]
ABU DHABI 3 March 2019: Emirates Development Bank (EDB), rated AA- by Fitch, has successfully closed a US$750 million 5-year senior bond. A development bank fully owned by the UAE federal government, EDB, launched its […]
DUBAI 26 February 2019: Emaar Malls, the shopping malls and retail business majority-owned by Emaar Properties, has fully acquired Namshi, a leading regional fashion e-commerce retailer. This follows acquiring the remaining stake of Global Fashion […]
Arabian Ranches III to have lazy river DUBAI 26 February 2019: Emaar Development yesterday unveiled Arabian Ranches III, a gated townhouse neighbourhood with a central park spanning over 30,000 square metres (about 7.5 acres), a 4 […]
DUBAI 25 February 2019: Nokia has introduced four new smartphones to UAE with the aspiration to claw back its former leading position in the market. The new phones are: Nokia 9 PureView – featuring the […]
DUBAI 24 February 2019: Meraas will showcase Dubai Harbour – the first yachting community hub in the Middle East – during the 27th annual Dubai International Boat Show (DIBS) 2019. The 1,100 berth Dubai Harbour’s […]
You’re paying more than a third of your country’s health spend GENEVA 24 February 2019: Spending on health is growing faster than the rest of the global economy, accounting for 10 per cent of global […]
ABU DHABI 22 February 2019: Adnoc Refining yesterday took a step closer to building the world’s largest integrated refining and petrochemicals complex, in Ruwais, when it awarded a Pre-Front End Engineering and Designing (Pre-Feed), contract […]