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November 13, 2024

Business Blog

Latest News

UAE President and Emir of Kuwait discuss fraternal relations and efforts to strengthen Gulf cooperation

UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan and His Highness Sheikh Mishal Al-Ahmad Al-Jaber Al-Sabah, Emir of the State of Kuwait, discussed …

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UAE-China bilateral trade seen hitting $200bln by 2030

 Over 200 Chinese business leaders gathered at Dubai Multi Commodities …

CONSTRUCTION

Acciona partners with Orsted to develop construction solutions for offshore wind projects

Spanish engineering and construction company Acciona announced on Wednesday that …

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Al Habtoor Group to reopen retail space at Beirut property

  Al Habtoor Group (AHG) has announced the reopening of …

Latest News

UAE Moon mission: Ispace announces update, says spacecraft carrying Rashid Rover likely made hard landing on lunar surface

The Japanese spacecraft carrying the UAE’s Rashid Rover to the …

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Danube launches first FashionTV-branded luxury tower in Dubai

  based Danube Properties on Tuesday launched Fashionz luxury tower …

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Hedge fund Ray Dalio to open branch of family office in Abu Dhabi

American billionaire investor and hedge fund manager Ray Dalio plans …

ACQUISITION

Mubadala-backed M42 acquires Bridgepoint’s dialysis firm Diaverum

Abu Dhabi’s M42, a newly created healthcare joint venture by …

AIRLINES

Dubai Aerospace Enterprise hikes bond repurchase program by $300mln

The board of directors and shareholders of UAE-based airplane lessor …

Banking

Dubai Islamic Bank posts 12% rise in Q1 profit, beats estimate

Dubai Islamic Bank, the UAE’s largest Islamic lender, posted a …

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Dubai among the fastest-growing cities for the super-wealthy

Dubai is among the fastest-growing cities for the super-wealthy, according …

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Qatar and UAE in process of restoring diplomatic ties, official says

  Qatar and the United Arab Emirates (UAE) are in …

ISLAMIC FINANCE

UAE property developer DAMAC to sell 3-year Islamic bond Tuesday

  Dubai-based real estate developer DAMAC plans to sell a …