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
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
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
Orascom Construction Issues Strong Debut on Abu Dhabi Markets
Shares of Orascom Construction leapt sharply when the company began trading on the Abu Dhabi Securities Exchange, underscoring investor appetite for infrastructure-linked growth in the Gulf. The stock closed its first session up about 27 per cent at AED 38.10,
