FeaturedLogisticsDP World to expand in Africa with Imperial Logistics acquisitionWebAdminJuly 20, 2021 by WebAdminJuly 20, 2021 DP World to acquire Imperial Logistics for $890 mn... Read more
FeaturedLogisticsDP World plans to acquire Imperial Logistics for $890 mnWebAdminJuly 9, 2021 by WebAdminJuly 9, 2021 This deal would land DP World greater visibility in South Africa and in the neighbouring markets... Read more
FeaturedIslamic FinanceIndonesia lists three sukuk valued at $3 bn on NASDAQ Dubai to fund socio-economic developmentWebAdminJune 18, 2021 by WebAdminJune 18, 2021 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... Read more
FeaturedHealthcareMubadala health buys 60% stake in UEMedicalsWebAdminJune 17, 2021 by WebAdminJune 17, 2021 The stake has been acquired from Jadawa Investment and United Eastern Group (UEG) and marked the company’s entry into the Saudi Arabia market... Read more
FeaturedReal EstateEmirates REIT sells its flagship DIFC property worth $11 mnWebAdminJune 14, 2021 by WebAdminJune 14, 2021 The Dubai-based shell and core space are priced at $9120 per foot... Read more
FeaturedReal EstateAjar and Visa team to launch digital rent payment option in the Middle EastWebAdminJune 10, 2021 by WebAdminJune 10, 2021 Ajar, will provide tenants with an option to pay rent digitally, and eventually aims to become completely paperless... Read more
Business LeadersFeaturedDubai-based telco du appoints new chief executiveWebAdminJune 9, 2021June 9, 2021 by WebAdminJune 9, 2021June 9, 2021 The telco appointed Fahad Al Hassawi as its new chief executive officer... Read more
FeaturedReal EstateProperty sales surge by 250% during the first five months of 2021: EmaarWebAdminJune 7, 2021 by WebAdminJune 7, 2021 The developer also mentioned that the total sales reached up to Dh10.5 bn, compared to Dh3 bn recorded the previous year... Read more
FeaturedTechnologySingapore’s IB Group to provide local cybersecurity from DubaiWebAdminJune 4, 2021 by WebAdminJune 4, 2021 The company plans to open a second regional office in Saudi Arabia... Read more
EnergyFeaturedDubai’s energy demands increase by 10% between January and May 2021: DEWAWebAdminJune 3, 2021 by WebAdminJune 3, 2021 The peak load in Dubai also increased 10 percent from 7,248 megawatts (MW) during the same time period... Read more