EnergyFeatured2025: Saudi Arabia to invest $30 bn in renewable energyPritam BordoloiFebruary 19, 2020 by Pritam BordoloiFebruary 19, 2020 The investment is also expected to create additional jobs and boost local manufacturing... Read more
FeaturedTradingGCC: IPOs in Q42019 raises $26 bnPritam BordoloiFebruary 19, 2020February 19, 2020 by Pritam BordoloiFebruary 19, 2020February 19, 2020 Saudi Aramco’s IPO alone raised around $25.6 bn... Read more
FeaturedIslamic BankingDubai Islamic Bank to increase foreign ownership limit from 25% to 40%Pritam BordoloiFebruary 15, 2020February 14, 2020 by Pritam BordoloiFebruary 15, 2020February 14, 2020 The bank’s board of directors at Dubai Islamic Bank suggested the FOL changes... Read more
FeaturedLogisticsSaudi Arabian Logistics expands cargo facility at Dammam airportPritam BordoloiFebruary 13, 2020 by Pritam BordoloiFebruary 13, 2020 The 37,800 square metre air cargo facility is located at King Fahad International Airport, Dammam... Read more
FeaturedReal EstateDubai property market to see the addition of 62,500 new units in 2020Pritam BordoloiFebruary 12, 2020February 12, 2020 by Pritam BordoloiFebruary 12, 2020February 12, 2020 The number of units to be completed in Dubai this year is the highest in more than a decade... Read more
FeaturedOil & Gas2030: Adnoc to cut greenhouse gas emissions by 25%Pritam BordoloiFebruary 11, 2020February 11, 2020 by Pritam BordoloiFebruary 11, 2020February 11, 2020 ADNOC is already among the five lowest carbon emitters in the oil and gas industry... Read more
EnergyFeaturedDEWA sets world record in saving water and electricityPritam BordoloiFebruary 10, 2020 by Pritam BordoloiFebruary 10, 2020 DEWA recorded 1.86 minutes in electricity customer minutes lost (CML) in Dubai... Read more
FeaturedTelecomUAE records 23.64 mn telecom subscribers in 2019Pritam BordoloiFebruary 10, 2020February 10, 2020 by Pritam BordoloiFebruary 10, 2020February 10, 2020 The number of mobile phone subscribers reached around 18,278,817... Read more
FeaturedHealthcareMubadala mulls buying Jadwa’s healthcare assets in UAEPritam BordoloiFebruary 7, 2020February 7, 2020 by Pritam BordoloiFebruary 7, 2020February 7, 2020 Mubadala is reportedly working on a deal with Rothschild... Read more
AviationFeaturedQatar Airways mulls buying 49% stake in RwandaAirPritam BordoloiFebruary 6, 2020February 6, 2020 by Pritam BordoloiFebruary 6, 2020February 6, 2020 The carrier also wants to double its interest in LATAM Airlines Group to 20%... Read more