- The joint venture will invest in Japanese multifamily property.
The $600 million venture will focus on acquiring and managing high-quality, stabilized rental properties in Tokyo and Osaka.
The joint venture will also target sustainability initiatives, such as reducing the carbon footprint of its properties, Mubadala said in a statement.
- GCC banks started adopting online and mobile banking, and ATMs, in the 1990s and 2000s. More recently, they've integrated advanced...
As of 2019, there were over 5,000 bank branches in the GCC region, catering to a population exceeding 50 million.
On average, customers spent about 30 minutes in these branches to avail themselves of banking services.
- The partnership along with German group BayWa r.e. will beef up capacity in Meyer Burger's Arizona production facility from 1.6...
The firm had written to German Finance Minister Christian Lindner to warn that it would invest in the US rather than expand its manufacturing in Germany because of IRA subsidies.
Meyer Burger currently has several plants in Germany, including in Thalheim and Freiberg. It had underlined plans to expand Goodyear and Thalheim's capacities.
- Dubai, UAE - The UAE's precious metals market, which includes gold, jewelry, gold bars, and silver, is expected to reach...
The UAE leads the Middle East in gold consumption, with the country's jewelry sector playing a significant role in this achievement
In 2022, consumers in the country purchased a combined 46.9 tonnes of gold, representing a 38 percent increase from the previous year
- Judge Edward Davila said in a ruling that it "is necessary to maintain the status quo" while the court considers...
The ruling came a day after the FTC asked a federal court to prevent Microsoft from completing its blockbuster buy of Activision Blizzard as it considers regulatory action
An FTC hearing is set for August to argue the merits of the deal, and a restraining order would block the accord before that process has run its course
- DOHA, QATAR - The Communications Regulatory Authority (CRA) has announced the provision of maritime radio station licensing services for small...
Qatar's Communications Regulatory Authority aims to process the requests of a large segment of the residents of the northern cities of the country.
These services will facilitate the completion of their applications related to maritime radio station licensing for small ships.
- Stock markets jumped after data showed US inflation slowed further in May, raising hopes the Federal Reserve will pause its...
The dollar fell against other major currencies as the greenback usually benefits from higher interest rates.
The US central bank has raised interest rates 10 straight times in efforts to combat elevated inflation.
- ABU DHABI, UAE - Hub71, Abu Dhabi's global tech ecosystem, on Tuesday announced the winners of The Outliers Program, which...
Participating startups have been recognized for their innovative solutions in various challenges set by Hub71’s strategic partners as part of The Outliers.
The winning startups were successful for the companies’ ability to implement innovative products and services that can have a positive impact.
- DUBAI, UAE - Dubai Electricity and Water Authority (DEWA) has commissioned six new 132/11 kV transmission substations from January to...
The project included 3,450 meters of 132kV ground cable to connect with the main transmission network.
The new transmission substations are in Al Jaddaf, Tilal Al Ghaf, Bani Yas, Jebel Ali Port, Marsa Dubai and Al Yufrah 1.





















