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Dubai’s Crown Prince, Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, has assessed the Roads and Transport Authority’s (RTA) ambitious infrastructure plan, which encompasses an investment of approximately $4.35 billion for the years 2024…
Mubadala Investment Company’s subsidiary, Mamoura Diversified Global Holding, has successfully launched an AED 1 billion sukuk, priced at a 4.6% yield.…
Dubai Aerospace Enterprise (DAE) Ltd. has entered an agreement to acquire ten narrow-body, next-generation aircraft in a deal valued at approximately…
Lulu Group International, the UAE-based retail giant, has unveiled the price range for its initial public offering (IPO), setting the stage…
A growing number of start-ups are flocking to Saudi Arabia, transforming the kingdom into a significant exit market for entrepreneurs seeking…
Cristiano Ronaldo has made headlines with his investment in Bioniq, a healthtech company specializing in personalized health solutions. The Portuguese football…
Saudi Arabia is on track for a significant economic acceleration in 2025, driven by a strategic increase in oil production alongside…
Britain’s wealthy are increasingly eyeing the UAE as a prime destination for relocation, with over 800 high-net-worth individuals (HNWIs) expected to…
A report highlighting the latest trends in investment banking fees across the MENA region reveals HSBC’s dominant position in the market,…
Dubizzle Group, the leading online classifieds platform in the Middle East, is preparing for a landmark initial public offering (IPO) expected…
Ras Al Khaimah, the northernmost emirate in the UAE, is making a concerted effort to increase its population, particularly by attracting…
The World Bank forecasts a 4.1% growth for the United Arab Emirates’ GDP in 2025, supported by diversification efforts and recovery…
Concerns over increasing precious metal exports from the United Arab Emirates to India have sparked discussions between officials from both nations.…
Bolt, a European ride-hailing platform, has made its entry into the UAE with a strategic partnership with Dubai Taxi Corporation (DTC).…
Kelix Bio, a Mubadala-backed pharmaceutical company, is moving to acquire four major assets from Yas Holding’s GlobalOne Healthcare Holding (GHH) in…
Dubai, a thriving metropolis renowned for its opulence and multicultural environment, is experiencing a surge in its expatriate population that is…
Crown Prince Mohammed bin Salman will not participate in the upcoming BRICS summit scheduled for October 17-19 in Moscow. This decision…
Abu Dhabi National Oil Company (ADNOC) is set to close its acquisition of a controlling stake in Fertiglobe, the joint venture…
Dubai Islamic Bank (DIB), the largest Islamic lender in the UAE, successfully issued a $500 million Additional Tier 1 sukuk, marking…
Bond sales across the Middle East are expected to achieve unprecedented levels in 2024, driven by favorable market conditions, a surge…
Surging interest in initial public offerings (IPOs) has led many families in India to allocate their savings towards these investments, igniting…
Abu Dhabi National Hotels (ADNH) Catering, a prominent subsidiary of ADNH, is gearing up for a public offering that could raise…
The United Arab Emirates has implemented a significant tax relief for cryptocurrency-related businesses and investment firms, providing them with a value-added…
Gulf sovereign wealth funds are on track to collectively manage an unprecedented $7.3 trillion in assets by 2030, driven by significant…
Construction on the Jeddah Tower, which aims to be the tallest building in the world, is back in motion after a…
The Abu Dhabi Securities Exchange (ADX) recorded a significant surge in trading activity, logging 15 large deals worth AED 2.66 billion…
Emirates National Oil Company (ENOC) is contemplating an expansion of its Jebel Ali Oil Refinery, as articulated by its CEO. This…
Qatar Airways has entered into an agreement to acquire a 25% stake in Virgin Australia, significantly enhancing its presence in the…