Dubai's Union Properties to enter debt repayment deal with leading UAE bank
Union Properties has struck its second biggest transaction in recent weeks, this time on a debt payout agreement with a…
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Bupa Arabia inks $90mln insurance agreement with SNB
Bupa Arabia for Cooperative Insurance Company was awarded a SAR 337.33 million insurance deal from the Saudi National Bank (SNB)…
West African Development Bank announces acquisition of an equity interest by the Arab Bank for Economic Development in Africa in its capital
The West African Development Bank has announced that the Arab Bank for Economic Development in Africa (BADEA) has joined its…
UAE leads Gulf real estate deals in 2023
An economic report has highlighted the UAE topped Gulf Cooperation Council (GCC) countries, acquiring the highest share of the total…
Al Tamimi & Company announces Aaron Dikos's return as partner in its corporate commercial practice
Al Tamimi & Company, the leading law firm in the Middle East and North Africa, appoints Aaron Dikos as Partner…
SAMA’s total assets in November reach $485.64tn
The total assets of the Saudi Central Bank, also known as SAMA, in November rose by 3.25 percent as compared…
GCC region M&A blazes trail as global deals decline
The GCC’s economies remain somewhat insulated from soaring inflation and high interest rates and have shown signs of resilience amid…
Saudi lures the super-rich with mansions, superyacht hub in new NEOM project
Saudi Arabia is courting the world’s wealthy with the launch of Norlana, a new real estate development featuring mansions, beach…
In Dubai, developers will ‘pounce’ on any new land releases: Vincitore’s Vijay Doshi
These days, it’s relatively easier to sell an offplan property in Dubai than to find land to build them –…
Family-owned businesses ‘make up 90%’ of UAE’s private sector
Businesses in the UAE are known the world over for being progressive trailblazers that, along with the country’s government, have…
Saudi Arabia’s overall unemployment rate drops to 5.1% in Q3: GASTAT
Saudi Arabia’s overall unemployment rate dropped to 5.1 percent in the third quarter of this year, reflecting a decrease of…
Sheikh Mohammed issues new law to level up Dubai’s global competitiveness
Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice President and Prime Minister, and Ruler of Dubai, has issued a new…