BusinessLatest Business and Company Updates
DAMAC Properties Launches Exclusive Luxury Airline Service
DAMAC Properties, the UAE-based real estate giant, has ventured into the world of premium travel with the launch of DAMAC Air, a luxury airline designed for high-end tourists seeking bespoke experiences in some of the world’s most exotic destinations. This new venture comes as part of the company’s expansion from
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Tabreed Secures Approval for $2 Billion Non-Convertible Debt Issuance
Dubai-listed National Central Cooling Company PJSC, known as Tabreed, has obtained shareholder approval to issue up to $2 billion in additional non-convertible debt instruments, including bonds or sukuk. The authorization was granted during the company's Annual General Assembly meeting held
AD Ports and ASRY Forge Maritime Growth Alliance
A new maritime alliance took shape on 12 June 2025 as AD Ports Group and the Arab Shipbuilding & Repair Yard Company signed three Heads of Terms, solidifying their collaboration in marine services across Bahrain, in a ceremony attended by H.H. Shaikh
Dubai’s Myco Secures $10M in Funding, Eyes Global Growth
Dubai-based Web3 streaming platform Myco has raised $10 million in the first closing of its Series A funding round, pushing its post-money valuation to $80 million. This influx of capital will fuel Myco’s expansion plans and migration to blockchain technology,