FeaturedOil & GasAdnoc to invest upto Dh1.5 bn to set up 60 new gas stations in DubaiBharath KumarFebruary 13, 2020March 18, 2020 by Bharath KumarFebruary 13, 2020March 18, 2020 Currently, the majority of gas stations located in Dubai are operated by Emirates National Oil Company... Read more
BankingFeaturedDIB becomes world’s largest Islamic bank with Noor Bank acquisitionBharath KumarJanuary 23, 2020March 18, 2020 by Bharath KumarJanuary 23, 2020March 18, 2020 DIB will have total assets worth Dh275 billion, making it the fourth largest bank in the UAE... Read more
FeaturedReal EstateEmaar teams up with Xiaomi to create AI-enabled smart homesBharath KumarJanuary 22, 2020March 18, 2020 by Bharath KumarJanuary 22, 2020March 18, 2020 Emaar is the first non-Chinese land developer to have forged a strategic alliance with Xiaomi.... Read more
FeaturedReal EstateUAE developer predicts Dubai property market to recover in 2020Pritam BordoloiJanuary 22, 2020 by Pritam BordoloiJanuary 22, 2020 The recovery will be backed by Expo 2020, new government initiatives and favourable payment plans... Read more
Asset ManagementFeaturedWealth managementMorgan Stanley aims to boost its wealth management staff strength in AsiaBharath KumarJanuary 22, 2020March 18, 2020 by Bharath KumarJanuary 22, 2020March 18, 2020 The US investment banking giant declared that it touched a milestone in profit last year, owing to its wealth business that contributes to over 50 percent of its earnings.... Read more
FeaturedReal EstateCapitalLand to merge two units to set up Asia-Pacific’s third largest ReitBharath KumarJanuary 22, 2020March 18, 2020 by Bharath KumarJanuary 22, 2020March 18, 2020 The merged entity to be known as CapitaLand Integrated Commercial Trust will have a market capitalisation of $12.4 bn... Read more
FeaturedWealth managementSingapore wealthtech Kristal.AI secures funding for expansionPritam BordoloiJanuary 22, 2020 by Pritam BordoloiJanuary 22, 2020 The firm will expand its business in Asia as well as the Middle East after securing $6 mn... Read more
FeaturedMarketsOverseas investors purchase RM321 million in Malaysian equitiesBharath KumarJanuary 21, 2020March 18, 2020 by Bharath KumarJanuary 21, 2020March 18, 2020 MIDF Research said that offshore net buying activity rose to RM257.2 million on Friday, the biggest in a day since late May 2019... Read more
FeaturedTechnologyAfrican tech companies invited to partner Britain-led growth schemeBharath KumarJanuary 21, 2020March 18, 2020 by Bharath KumarJanuary 21, 2020March 18, 2020 With its startups generating 50% more venture capital in 2017 than in 2016, Africa is witnessing an exponential growth in the technology industry... Read more
EnergyFeaturedAdnoc, Eni to tap into new opportunities in oil and gas sectorBharath KumarJanuary 21, 2020March 18, 2020 by Bharath KumarJanuary 21, 2020March 18, 2020 They will explore opportunities in carbon capture utilisation and storage as well as research and development... Read more