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Shapoorji Pallonji Unveils Dubai Residential Flagship
Shapoorji Pallonji has inaugurated its maiden international residential project, Imperial Avenue, in Downtown Dubai, solidifying its presence in the competitive global luxury real estate market. The completion of the 45-storey tower, a prominent addition to Dubai’s skyline, signals the formal entry of the 158-year-old construction conglomerate into the high-end overseas
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Multiply Group deepens mobility footprint with 22.5% stake in Mwasalat
Abu Dhabi — Multiply Group PJSC’s subsidiary Emirates Driving Company PJSC has secured a 22.5 per cent shareholding in Mwasalat Holdings LLC, the Abu Dhabi-based transport operator, with an option to raise its stake to 50.6 per cent pending
VFS Global Cuts Cost of $2 Billion Term Loan with Tighter Pricing
VFS Global has launched a $2 billion-equivalent term loan facility, securing markedly tighter pricing for its seven-year dollar and euro tranches. The USD portion of $1.010 billion is priced at 250 basis points above the Secured Overnight Financing Rate,
OPEC+ Faces Hesitation Over Production Cuts Amid Supply Surplus
Oil traders are expressing doubts over OPEC+'s ability to implement production cuts next year, despite forecasts predicting a looming global supply surplus that could push prices even lower. A recent survey conducted by Bloomberg News revealed that nearly two-thirds of