DP World plans to acquire Imperial Logistics for $890 mn
This deal would land DP World greater visibility in South Africa and in the neighbouring markets...
Tag : Dubai
Indonesia lists three sukuk valued at $3 bn on NASDAQ Dubai to fund socio-economic development
The listing comes with a 10-year issuance of $1.25 bn and two issuances of $750 mm each, bringing Indonesia’s total value of listed sukuk to $19.75 bn...
Mubadala health buys 60% stake in UEMedicals
The stake has been acquired from Jadawa Investment and United Eastern Group (UEG) and marked the company’s entry into the Saudi Arabia market...
Emirates REIT sells its flagship DIFC property worth $11 mn
The Dubai-based shell and core space are priced at $9120 per foot...
Ajar and Visa team to launch digital rent payment option in the Middle East
Ajar, will provide tenants with an option to pay rent digitally, and eventually aims to become completely paperless...
Dubai-based telco du appoints new chief executive
The telco appointed Fahad Al Hassawi as its new chief executive officer...
Property sales surge by 250% during the first five months of 2021: Emaar
The developer also mentioned that the total sales reached up to Dh10.5 bn, compared to Dh3 bn recorded the previous year...
Singapore’s IB Group to provide local cybersecurity from Dubai
The company plans to open a second regional office in Saudi Arabia...
Dubai’s energy demands increase by 10% between January and May 2021: DEWA
The peak load in Dubai also increased 10 percent from 7,248 megawatts (MW) during the same time period...
Dubai Coin cryptocurrency not approved by any government entity
According to the government officials, the website is fraudulent and an elaborate phishing campaign...