BusinessLatest Business and Company Updates
Dubai luxury assets secure CPIPG financing
Emirates NBD has extended a AED367.3 million loan facility to Luxembourg-based CPI Property Group, giving the European real estate investor funding cover for deferred payments on a portfolio of ultra-luxury residential units in Dubai through 2026 and 2027.The transaction, equivalent to about $100 million or €86 million, is secured against
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Abu Dhabi licences surge as reforms deepen
Abu Dhabi recorded a sharp rise in new business licences during 2025, underscoring continued momentum in the emirate’s drive to broaden its non-oil economy and attract private investment.The Abu Dhabi Registration Authority, the regulatory arm of the Abu Dhabi Department
US-Iran strikes widen across Gulf states
The United States and Iran have intensified their exchange of attacks, drawing Gulf states deeper into a conflict that has entered an eleventh consecutive night of American strikes and raised the risk of a wider regional war. US Central Command said
Emergent’s $30 Million Raise Fuels MENA Expansion and No-Code AI Ambition
Emergent today announced it has secured a total of USD 30 million in funding, led by a USD 23 million Series A round from Lightspeed, marking a strategic push into the Middle East and North Africa region. The Bengaluru-based
