BusinessLatest Business and Company Updates
Arada Eyes $500 Million Sukuk to Fuel Gulf Land Acquisitions
Arada Developments, the Sharjah-based property developer, is preparing to raise up to $500 million via an Islamic bond as it joins a wave of Gulf real estate firms turning to debt markets to fund expansion. The group plans to launch the issuance next week to finance new land purchases
Standard Chartered weighs Bahrain retail sale
Standard Chartered is exploring the sale of its wealth and retail banking business in Bahrain, extending a wider reshaping of its consumer operations as the London-headquartered lender concentrates capital on larger cross-border and affluent-client franchises. The review applies only to the
Varenne Capital opens Dubai base for regional push
Varenne Capital Partners has opened a Dubai International Financial Centre office, giving the Paris-based investment manager a regulated foothold in the Emirates as global asset managers deepen their presence in the Gulf’s expanding financial hub. The new entity, Varenne Capital Ltd,
InPost deepens France push with lockers
Parcel-locker group InPost will invest a further €500 million in France by 2030, strengthening its out-of-home delivery network as e-commerce growth and consumer demand for flexible collection points reshape Europe’s parcel market. The commitment adds fresh weight to the expansion strategy
