Electric Way has broken ground on a 125,000 sq ft expansion of its distribution centre at National Industries Park in Dubai, a move aimed at more than doubling its operating capacity as demand rises from construction, utilities, manufacturing and data

Dubai Islamic Bank has raised $1 billion through a perpetual non-call six-year Additional Tier 1 sukuk, reinforcing investor appetite for Gulf bank capital instruments despite a higher-for-longer global rates environment and periodic volatility across emerging-market debt.The benchmark Regulation S transaction

Dubai’s latest trophy land sale has come under scrutiny after public property records indicated that the Dh560 million beachfront acquisition announced by Dubai Sotheby’s International Realty may have been assembled through four separate land transactions rather than recorded as a