Arabian Mills for Food Products Company, one of the market-leading flour milling companies in Saudi Arabia is toying with a proposal to Read More
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Business
Foreign Direct Investments
Regional
World
UAE World’s Best FDI Performer Relative to Its GDP In 2023
The UAE was the world’s best FDI performer relative to the size of its economy in 2023, followed by Montenegro and Costa Read More
Artificial Intelligence (AI) is fast catching up the attention of the governments, not only in the GCC region, but in the neighbouring Read More
In a major step towards making Australia a renewable energy superpower, the Albanese Government on Wednesday has approved a huge new industrial Read More
Business
Companies
Real Estate
Regional
World
Dar Global Hires Rothschild & Co to Advise on Growth Opportunities
Dar Global, the London-listed luxury international real estate developer, on Wednesday said that it has appointed Rothschild & Co, the leading global independent Read More
The European Bank for Reconstruction and Development (EBRD) is considering to provide non-recourse long-term senior loan of $332.5 million in favour of a Read More
The combined net income of the UAE’s top 10 listed banks grew 2.9% q-o-q to $5.85 billion in the second quarter of 2024, according to Read More
Business
Companies
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sovereign wealth funds
World
Mubadala Invests in Yondr Group
Abu Dhabi’s sovereign wealth fund - Mubadala Investment Company (Mubadala) - on Wednesday said that it will invest in Yondr Group, Read More
Business
Companies
Hospitality
Merger and Acquisitions
World
Hyatt Hotels Acquire Standard International
Chicago-based Hyatt Hotels Corporation has announced the acquisition of the brands and most of the affiliates of pioneering lifestyle company Standard International, Read More
Business
Airlines
Companies
Mergers and Acquisitions
Regional
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Qatar Airways Acquires 25% Stake in South Africa’s Airlink
After months of suspense, Qatar Airways, the national carrier on Tuesday announced that it has acquired a minority stake of 25% stake in Read More
