BusinessLatest Business and Company Updates
Kingdom Holding moves on Al Hilal
Kingdom Holding Company has agreed to buy a 70% stake in Al Hilal from Saudi Arabia’s Public Investment Fund, in a transaction that marks a new phase in the Kingdom’s football privatisation drive and puts one of the country’s highest-profile clubs under the control of Prince Al Waleed bin Talal’s
Region
Naïa Island deal faces land-record scrutiny
Dubai’s latest trophy land sale has come under scrutiny after public property records indicated that the Dh560 million beachfront acquisition announced by Dubai Sotheby’s International Realty may have been assembled through four separate land transactions rather than recorded as a
Assiut Joins Air Arabia Abu Dhabi’s Egypt Network
Air Arabia Abu Dhabi announced it will launch direct flights between Abu Dhabi and Assiut in Egypt, with service starting on 4 November 2025. The route will operate twice weekly, on Tuesdays and Fridays, using non-stop flights between Zayed International
Habtoor doubles down on Dubai skyline
Al Habtoor Group said on 9 April it will invest more than AED 5 billion in a new commercial tower at Al Habtoor City on Sheikh Zayed Road, a move that adds fresh weight to Dubai’s office-led development pipeline at
