FeaturePorts and ShippingIsrael’s Bank Leumi and DP World sign MoU to enhance tradePritam BordoloiSeptember 22, 2020 by Pritam BordoloiSeptember 22, 2020 The deal involves accessing opportunities to develop port and logistics assets in Israel... Read more
Shipping and PortsDP World subsidiary buys three business units of Transworld GroupInternational Finance Business DeskSeptember 8, 2020 by International Finance Business DeskSeptember 8, 2020 The acquisition is made through DP World subsidiary Unifeeder... Read more
LogisticsDubai-based logistics company Fetchr secures $15 mn fundingPritam BordoloiSeptember 2, 2020 by Pritam BordoloiSeptember 2, 2020 The funding will help the company expand to China, the US, the UK and the EU region... Read more
AviationEmirates receives $2 billion injection to weather Covid-19 stormPritam BordoloiAugust 31, 2020 by Pritam BordoloiAugust 31, 2020 The injection was promised by Dubai Crown Prince Sheikh Hamdan bin Mohammed Al Maktoum in March... Read more
Real EstateEltizam launches end-to-end property management services in MENAPritam BordoloiAugust 25, 2020 by Pritam BordoloiAugust 25, 2020 The launch is in line with Eltizam’s plan to become a leading player in the region’s asset management space... Read more
Real EstateDubai real estate sees completion of 14000 residential units in H12020Pritam BordoloiAugust 21, 2020 by Pritam BordoloiAugust 21, 2020 That’s about 30% of the units scheduled to be handed over this year... Read more
Shipping and PortsDP World announces completion of 400 meter extension of Berbera PortPritam BordoloiAugust 14, 2020 by Pritam BordoloiAugust 14, 2020 It will increase the terminal’s capacity by 500,000 TEUs per year... Read more
BankingEmirates NBD in talks to acquire Blom Bank EgyptPritam BordoloiAugust 13, 2020 by Pritam BordoloiAugust 13, 2020 Emirates NBD confirmed about preliminary talks between both parties through a bourse filing... Read more
BankingRAKBANK to close 25% of its branches across UAEPritam BordoloiAugust 5, 2020August 6, 2020 by Pritam BordoloiAugust 5, 2020August 6, 2020 The bank will close a total of 9 branches... Read more
Real EstateUAE-based developer Azizi to construct 11,000 homes in DubaiPritam BordoloiAugust 4, 2020August 5, 2020 by Pritam BordoloiAugust 4, 2020August 5, 2020 They will invest $952 mn over the next 2-3 years... Read more