Muscat Capital launches real estate fund
Muscat Capital, the Saudi-based investment banking subsidiary of Bank Muscat, announced the successful closure of its first Real Estate Investment…
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Union Properties to IPO unit in second half of 2018
Union Properties, the property developer that posted its worst quarterly loss in the second quarter of this year, said on…
Economic year in review: UAE weathers challenges
Lower oil prices once again were the dominant theme for the UAE’s economy in 2017, even as the country was…
UAE Embassy in Lebanon launches philanthropic projects
The UAE Embassy in Lebanon, represented by the Humanitarian and Development Affairs Attache, has sponsored and launched several humanitarian charity…
EFG Hermes looks to manage renewable energy projects: energy head
Egyptian investment bank EFG Hermes aims to manage renewable energy projects totaling 400-500 megawatts in the north African country in…
Ex-Embraer exec pleads guilty in Saudi bribes case
A former executive at Brazilian aircraft manufacturer Embraer pleaded guilty on Thursday for his role in bribing a Saudi official…
Dubai Sheikh's Buyout Firm Is Said to Reach $1 Billion Debt Deal
Dubai International Capital LLC reached an agreement with banks to roll over a loan of about $1 billion, according to…
Qatar: Year in Review 2017
Qatar’s economy maintained steady growth throughout 2017, with forecasts of a stronger year to come as efforts to boost self-sufficiency…
It's an inspiring time of the year. – Marlo Thomas
Our many different cultures notwithstanding, there's something about the holidays that makes the planet communal. Even nations that do…
Etisalat unveils Dubai Open Innovation Center
Etisalat has launched its Open Innovation Center in Dubai, showcasing innovative solutions and helping to drive digital transformation through the…
Saudi Arabia is hunting shale deals in the US
Aramco looks into acquiring assets in Permian and Eagle Ford basins Saudi Arabia is looking to invest in US…
Sharjah Ruler orders Dh600m increase in salaries of govt staff
His Highness Dr Sheikh Sultan bin Mohammed Al Qasimi, Member of the Supreme Council and Ruler of Sharjah, on Thursday…