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Al Habtoor legal threat clouds Lebanon’s Gulf outreach
Arabian Post Staff -DubaiUAE-based conglomerate Al Habtoor Group said on Monday it will pursue legal action against Lebanese authorities to recover about $1.7bn in
Mubadala Capital launches expanded co-investment fund for private markets
Arabian Post Staff -DubaiMubadala Capital, the alternative asset management arm of Abu Dhabi’s sovereign investor Mubadala Investment Company, has unveiled a new co-investment
Emirates NBD profit climbs on lending surge
Emirates NBD, Dubai’s largest bank by assets, posted a four per cent rise in full-year net profit on Monday, underpinned by record lending growth
Kuwait scraps multibillion-dollar oil tenders after cost overruns
Arabian Post Staff -DubaiKuwait has cancelled nine upstream oil tenders with a combined value approaching $10 billion after bids submitted by overseas contractors exceeded