The deal increases NCTH's portfolio to 8 hotels with 1,500 keys.
The $272m contract has been awarded for Bluewaters Bay.
RIYADH, SAUDI ARABIA - The General Authority for Statistics (GASTAT) published Tuesday on its official website the results of the...In November 2022, mining and quarrying grew by 5.7 percent compared to November 2021.
Manufacturing activity increased by 19.7 percent compared to the same month of the previous year.
ADNOC said the company combines the operations, maintenance and marketing of the ADNOC Gas Processing and ADNOC LNG businesses into...Ahmed Mohamed Alebri has been appointed as Chief Executive Officer (Acting) of ADNOC Gas, Peter Van Driel as Chief Financial Officer, and Mohamed Al Hashemi as COO.
As announced in November 2022, ADNOC intends to proceed with an initial public offering of a minority stake in ADNOC Gas on ADX.
ABU DHABI, UAE - Masdar has announced the signing of an agreement with the Ministry of Energy of Kyrgyz Republic...The projects, with a total capacity of up to 1 gigawatt (GW), start with a 200-megawatt (MW) solar photovoltaic (PV) plant.
The 200 MW plant is scheduled to begin operation by 2026.
Major stock markets mostly dropped as warnings that US interest rates would continue to rise and remain elevated offset growing...Sentiment is still closely linked to the outlook for US monetary policy as the Federal Reserve battles to bring inflation down from four-decade highs.
Policymakers appear determined to keep lifting borrowing costs until they achieve their goal of two percent inflation.
ABU DHABI, UAE - Abu Dhabi Chamber of Commerce and Industry (ADCCI) has launched the updated version of its Effortless...The Abu Dhabi Program for Effortless Customer Experience supports Abu Dhabi’s human-centric approach.
It enables everyone living and working in the emirate and visitors to carry out tasks quickly, seamlessly and effortlessly.
The investment in the Dammam warehouse will bring the value of Investcorp’s global warehousing logistics investments to over $4 billion.
Riyadh, UAE---Saudi Arabia's Ministry of Investment has signed MoUs with three companies to develop and market investments in hospitality, tourism,...The MoUs were signed with Kadana Company, Lifestyle Development Company and Jusoor Al-Khaleej Company.
The investment ministry is keen to attract investments and enhance their flow into the national economy in various sectors, SPA reported.
- London, United Kingdom--British retailers won a boost from higher prices over the key Christmas trading period but the volume of goods...
In December, revenue jumped almost seven percent from a year earlier largely thanks to surging food prices
UK inflation dipped last month to 10.7 percent but remains close to 40-year highs, forcing consumers to switch to cheaper products
The contribution of financial companies operating from DIFC to the financial services sector in the country exceeded 13% of the...The contribution of financial companies operating from DIFC to the financial services sector in the country exceeded 13% of the nominal GDP of Dubai during 2021, Amiri said
The DIFC has already been ranked first in the Middle East and among the top 20 globally on the Global Financial Centres Index for 2022
Dubai, UAE-- Top industry experts will share first-hand knowledge of the IPO process and the opportunities and challenges of becoming...The inaugural summit will shed light on the strong impetus and promising prospects of the initial public offerings (IPOs) sector in Dubai.
It will also showcase a roadmap for startups and SMEs in Dubai, including expertise around its regulatory environment, business culture and capital opportunities
