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Starbucks India expands despite mounting losses

Starbucks Corp’s India venture is accelerating store openings and introducing new menu innovations, including protein foam coffee, as it deepens its bet on the world’s most populous country even while losses widen. Tata Starbucks…

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Aldar secures $1bn hybrid funding deal

Aldar Properties has raised $1 billion through a privately placed issue of subordinated hybrid notes to Apollo Global Management, bolstering its…

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Gulf heavyweights steer sustainable bond surge

United Arab Emirates and Saudi Arabia are set to dominate Middle East sustainable bond issuance this year, with total regional volumes…

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IHC profit jumps as revenues surge

  International Holding Company, the Abu Dhabi-based investment conglomerate known as IHC, has posted full-year 2025 revenue of AED111.4 billion, a…

Dubai unveils first phase of underground Loop
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Dubai unveils first phase of underground Loop

Dubai has confirmed plans for the first four stations of its underground Dubai Loop transport system, linking Dubai International Financial Centre…

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Abu Dhabi charts seaglider rollout by 2028

Abu Dhabi is preparing to introduce electric seaglider services across the emirate by 2028, positioning the technology as a new pillar…

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Albatha moves into mental health care

UAE-based Albatha Healthcare Group has taken a controlling stake in Insights Psychology, marking a decisive push into the country’s expanding mental…

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Saudi Arabia weighs broader premium residency access

Saudi Arabia is preparing draft proposals to widen eligibility for its premium residency programme, potentially extending long-term residency rights to groups…

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Dubai programme boosts first-time home ownership

Dubai’s First-Time Home Buyer programme has delivered a sharp lift to residential ownership, with more than 2,000 residents buying their first…

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UAE studies undersea power link with India

UAE’s federal utility Etihad Water and Electricity has invited eligible consulting firms to register interest in a tender for a techno-economic…