Cerberus buys HSBC France retail
The takeover was finalized for an undisclosed amount.Company News Business
Qatar’s foreign merchandise trade surplus $4.58 billion in Nov 2023
Doha, Qatar -- Qatar's foreign merchandise trade balance, which represents the difference between total exports and imports, showed a surplus...Business
DP World to expand energy efficiency pact with Etihad ESCO
MoU covers energy performance contracting projects, solar on-grid installations, IT solutions Etihad Energy Services currently retrofitting buildings in DP World's...Optimism in the air as Airport Show begins in Dubai
3-day exhibition attended by 95 exhibitors from 21 countries 50 percent improvement in the global passenger Kms likely by mid-2021...
Dubai Chamber to host Global Business Forum Africa in October
The Forum is being held on the sidelines of Expo 2020 Dubai The event aimed at promoting Dubai as a...
ADNOC to set up a world-scale blue ammonia project in Abu Dhabi
The facility will have a capacity of 1,000 kilotons per annum ADNOC is already producing 300,000 tons of hydrogen annually...Saudi Arabia’s used car market shows signs of recovery
Ken Research study says oil-rich kingdom's used car market is growing again after a decline in growth in 2016. The...
Abu Dhabi, Dubai villa market rental rates stay strong in Q1
The Abu Dhabi residential market delivered 1,700 apartments, 50 villas during the quarter Grade A and B office buildings in...Airport Show-2021 begins amid signs of industry’s global recovery
Against 4.5 billion travellers in 2019, only 1.8 billion passengers took to the skies in 2020 The pandemic led to...
Creditors appoint financial advisers to oppose Emirates REIT $400 million exchange offer
Rothschild, Clifford Chance to challenge Emirates REIT’s $400 million exchange bid Creditors likely to make a better counter offer A...
Oman Insurance relocates employees to new head office
The office equipped with hot-desking that will enable work from home Digitalization will enhance interaction, communication between the teams Oman...
NBB closes finance deal for Oman’s Mazoon Electricity
The debut Islamic financing facility by the Oman-based GRE was signed for $235 million Deal part of NBB Group’s efforts...
