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ADNOC L&S buys stake in Navig8

The company will acquire the remaining stake in mid-2027.

DAE to acquire Nordic Aviation Capital

The terms of the transaction have not been disclosed.

Emirates’ first A350 takes flight

The airline operated the inaugural flight from Dubai to Edinburgh.

NDMC arranges $2.5bn credit facility

The Shariah-compliant facility spans a tenure of three years.

Kamco Invest launches two funds

Kamco's assets under management surpass SAR 1bn.

Double-digit growth for Middle East cities

  • Manama registered 51% growth in population between the years 2015 and 2021
  • Economic, social and political crises have impacted the overall growth of the Lebanese capital

Except Beirut, most Middle Eastern cities have grown in double digits in terms of population from 2015 until 2022.

Manama registered 51% growth in population – one of the most effective ways to ascertain overall growth. Dubai, meanwhile, recorded 42 percent growth in its population during the period.

Beirut is the only city with a single-digit growth as the city has been going through challenging times owing to economic, social and political crises exacerbated by 2020 explosion at the Beirut port in August 2020.