BusinessLatest Business and Company Updates
Saudi Energy Firm Expands US Ties with $500 Million Agreements
Acwa Power has formalised Memorandums of Understanding valued at $500 million with several US companies, reinforcing its strategic collaborations in the energy sector. These agreements were signed during the Saudi-US Investment Forum held in Riyadh, aiming to bolster innovation and investment in renewable energy and infrastructure.The new MoUs build
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Nikken Sekkei designs Trump Tower Dubai landmark
Plans for Trump Tower Dubai place one of Japan’s most influential architectural practices at the centre of a high-profile addition to the city’s skyline, signalling how branded luxury developments continue to evolve in the Gulf’s most competitive real estate market.
Sunteck’s Dubai Debut Signals Global Luxury Pivot
Sunteck Realty Ltd has launched its international arm, Sunteck International, and formally entered the UAE real-estate market with the unveiling of a 2.5-acre land parcel in Downtown Dubai. The site is positioned within seconds walking distance of the Burj Khalifa
Mubadala and Bain seal Service Logic deal
Mubadala Investment Company and Bain Capital have completed the acquisition of Service Logic, a major provider of commercial heating, ventilation and air-conditioning services, marking a significant private equity investment into North America’s building services sector. The transaction, announced on Wednesday,
