BusinessLatest Business and Company Updates
Binghatti lines up dollar sukuk after investor calls
Dubai-based luxury property developer Binghatti Holding Limited has instructed banks to arrange a series of fixed income investor calls starting Tuesday, 3 February 2026, as it prepares the ground for a benchmark-sized, five-year, US dollar-denominated sukuk offering, according to transaction details communicated to the market.The planned issuance will take the
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Jury finds Musk misled Twitter shareholders
Elon Musk has been found by a jury to have misled Twitter investors during his 2022 takeover bid, concluding that his public statements about the social media platform contributed to financial harm for shareholders as he pursued a lower acquisition
DAMAC sets March pace in Dubai
DAMAC Properties said it led Dubai’s property market by transaction volume in March, reporting sales of 3.12 billion dirhams across 1,106 transactions, a performance that put it ahead of Emaar Properties on 795 deals and Binghatti Holding on 578, according
Mubadala deepens Indonesia gas foothold
Mubadala Energy has tightened its grip on one of Southeast Asia’s most closely watched offshore gas provinces after winning the Southwest Andaman exploration Production Sharing Contract in Indonesia, a move that extends the Abu Dhabi-based company’s push to build scale
