BusinessLatest Business and Company Updates
Qatar Investment Authority Reduces Stake in Sainsbury’s Amid Shifting Investor Sentiment
Sainsbury's largest shareholder, the Qatar Investment Authority (QIA), has reduced its stake in the UK-based supermarket chain. QIA sold approximately 5% of its shares, equivalent to 109.4 million shares, priced at 280 pence per share. This transaction comes after QIA previously held a 14% stake in Sainsbury's, now lowering its
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Amanat Holding Seals 453 Million Dirham Deal for School Assets
Amanat Holdings, a Dubai-based company listed on the Dubai Financial Market, has entered into a sale and purchase agreement to divest its real estate assets linked to North London Collegiate School. The deal, valued at 453 million dirhams, marks
How to Choose the Right Catering Service in Dubai
Dubai is known for its vibrant event scene, from corporate functions and exhibitions to weddings, private dinners, and luxury celebrations. With so many events taking place every day, finding the right catering Dubai provider has become an essential part of
Oman Sovereign Fund Consolidates Nitaj and FDO for Food Security
Oman's sovereign wealth fund, the State General Reserve Fund (SGRF), has merged its subsidiaries Nitaj and the Food Development Oman (FDO) to enhance the nation's food security strategy. This strategic consolidation aims to streamline operations and bolster the country's agricultural
