Dubai Islamic Bank to increase foreign ownership limit from 25% to 40%
The bank’s board of directors at Dubai Islamic Bank suggested the FOL changes...
Tag : UAE
Dubai property market to see the addition of 62,500 new units in 2020
The number of units to be completed in Dubai this year is the highest in more than a decade...
2030: Adnoc to cut greenhouse gas emissions by 25%
ADNOC is already among the five lowest carbon emitters in the oil and gas industry...
DEWA sets world record in saving water and electricity
DEWA recorded 1.86 minutes in electricity customer minutes lost (CML) in Dubai...
UAE records 23.64 mn telecom subscribers in 2019
The number of mobile phone subscribers reached around 18,278,817...
Mubadala mulls buying Jadwa’s healthcare assets in UAE
Mubadala is reportedly working on a deal with Rothschild...
Etihad’s revamp push sees the carrier sell 38 aircraft for $1 bn
The carrier will sell 22 Airbus A330s and 16 Boeing 777-300ERs to investment firm KKR and leasing firm Altavair AirFinance...
Masdar to launch UAE’s first ‘sustainable’ REIT
The sustainable real estate investment trust is expected to have an initial valuation between Dh950 mn and Dh1 bn...
GCC Healthcare market expected to hit $70 billion this year
Currently, GCC is spending just around 50 percent of what mature markets invest on healthcare...
Adnoc’s $15 bn pipeline sale attracts BlackRock, KKR
Adnoc plans to sell a 49% stake in its natural gas pipeline unit for $15 bn...