Gulf Capital opens its new global headquarters in ADGM
Gulf Capital, one of the largest private equity firms investing from the GCC to South and Southeast Asia, has opened its new global headquarters in the Abu Dhabi Global Market (ADGM). The company has also obtained an in-principle approval for an asset management licence from ADGM Financial Services Regulatory Authority. The new office […]
Arada launches 566 woodland villas within Sharjah megaproject
UAE developer Arada has announced the launch of the fourth phase of its mega woodland community development – Masaar – in Sharjah. Azalea features a total of 566 homes ranging from two-bed townhouses to six-bed villa units. Annoucing the project launch, Arada said the release of Azalea was brought forward due to the rapid sell-out […]
Rebound Plastic Exchange to support GCC to combat waste
Rebound Plastic Exchange, a global B2B digital trading platform for recycled plastics, is ready to support GCC, which generates about 130 million tonnes of waste per annum, to achieve sustainable waste management. Currently, it is estimated that it will take $60-85 billion invested across four key value streams, plastic, concrete and cement, metal, and bio-waste […]
Brazil’s 10M exports to Arab world climb 25.71% to $14.47bln
Brazil’s exports to Arab countries jumped 25.71% to $14.47 billion during the first ten months (10M) of 2022, the Arab Brazilian Chamber of Commerce (ABCC) reported. The exports grew from $11.51 billion in 2021 to $14.47 billion from January to October this year. Brazilian exports to the UAE shot up 46.53% from $1.76 billion in […]
Marriott to open 4 properties in UAE in deal with RDK tourism
Marriott International has signed a deal with RDK Tourism Investment to open four properties in the United Arab Emirates (UAE). The signings are expected to further enhance the company’s footprint in Abu Dhabi and Dubai with the addition of more than 700 rooms across its Marriott Hotels and Resorts, Marriott Executive Apartments and Autograph Collection […]