BusinessLatest Business and Company Updates
Wynn sets September 2027 opening for UAE resort
Wynn Resorts has set September 2027 as the opening date for Wynn Al Marjan Island in Ras Al Khaimah, providing its clearest timetable yet for the UAE’s first licensed integrated gaming resort. The Las Vegas-based company announced the date while reporting stronger second-quarter revenue and profit, supported by a sharp improvement
Meta drops VR focus for Horizon Worlds
Meta Platforms is preparing to shut down the virtual reality version of Horizon Worlds by June, signalling a strategic shift toward mobile platforms as the company recalibrates its ambitions in immersive social experiences. The decision marks a notable retreat from one
KKR Deepens Gulf Ties with Stake in ADNOC Gas Network
Global investment giant KKR has acquired a minority stake in the entity leasing Abu Dhabi National Oil Company’s gas pipeline assets, bridging further into the Gulf’s energy infrastructure sphere. The financial terms were undisclosed; key rights and management powers remain
ADX and Borsa Italiana move to link UAE and Europe capital markets
Abu Dhabi’s main stock exchange and Italy’s bourse have taken a formal step towards closer capital-market integration, signalling ambitions that extend beyond headline listings to the plumbing of cross-border settlement and custody. The Abu Dhabi Securities Exchange Group, ranked among the
