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Investcorp has agreed to acquire a majority stake in Smart Managed Solutions, a London-based mechanical and electrical facilities management specialist, in a deal that
Abu Dhabi Investment Authority has emerged among institutional buyers in a ₹777 crore open-market transaction involving a 7.3 per cent stake in Corona Remedies,
Dubai’s main commodities exchange is preparing to launch a same-day settlement gold contract on Monday, seeking to strengthen the emirate’s role in bullion trading
DAMAC Properties has launched The Lifestyle Collection, a new apartment ownership offer with monthly plans starting from AED 1,999 across four of its master
Abu Dhabi sovereign investor Mubadala has acquired $200 million of Equitix’s stake in Greenlink, deepening its exposure to European energy infrastructure as power markets
Dubai’s property market is set for one of its largest new supply commitments as Emaar Properties prepares to unveil a Dhs200bn master-planned district designed
Dubai’s push to turn long-term tenants into homeowners has crossed Dh5 billion in residential transactions, with more than 3,200 residents buying their first homes
ADNOC is exploring investment opportunities in Canada’s upstream oil and liquefied natural gas sectors through XRG, its international energy investment arm, as Abu Dhabi
Access to finance for industrial startups is becoming a sharper policy test for the UAE as high-growth manufacturing ventures confront longer revenue cycles, heavier
Israel launched airstrikes on military targets in western and central Iran early on Monday after Iran fired missiles and drones towards Israeli territory overnight,
Capital inflows into the UAE are holding steady as investors adopt tougher due diligence standards rather than retreating from the market, with relative stability,
Oil markets are heading towards a possible August inflection point as constrained flows through the Strait of Hormuz, recovering seasonal demand and disrupted supply
Global economic leaders have warned that the Middle East war is tightening energy supplies, disrupting trade routes and placing the heaviest burden on poorer
Kuwait’s air defence systems intercepted hostile missiles and drones targeting its airspace early Thursday, triggering loud explosions across parts of the country but causing
Saudi Aramco will transfer its equity stakes in Malaysia’s PRefChem refining and petrochemical ventures to Petronas, bringing an eight-year downstream partnership in Southeast Asia
Masdar has signed an agreement with China’s Sungrow to supply battery energy storage and photovoltaic inverter systems for Abu Dhabi’s round-the-clock renewable energy project,
Meta Platforms has told employees it does not expect further company-wide layoffs this year after cutting about 8,000 jobs and shifting thousands more workers