EconomyQatar’s budget for 2020 largest in five yearsPritam BordoloiDecember 17, 2019 by Pritam BordoloiDecember 17, 2019 The country plans to spend 1.9% more in 2020 than it did last year... Read more
Real EstateProperty sales in Dubai surge in November, hitting 11-year highPritam BordoloiDecember 12, 2019January 24, 2020 by Pritam BordoloiDecember 12, 2019January 24, 2020 5,051 property sales were recorded in November, a 5.8 percent increase from October... Read more
AviationEmirates flies to Mexico after legal battlePritam BordoloiDecember 10, 2019 by Pritam BordoloiDecember 10, 2019 The carrier will fly to Mexico through Barcelona... Read more
Ports and ShippingAquaChemie to develop $40 mn chemical terminal in UAEPritam BordoloiDecember 6, 2019 by Pritam BordoloiDecember 6, 2019 To be developed at Jebel Ali Port in Dubai, the facility will serve as a strategic gateway to facilitate chemical trade across GCC... Read more
EconomyUAE to see higher growth due to greater spendingPritam BordoloiDecember 5, 2019 by Pritam BordoloiDecember 5, 2019 The UAE’s economy is projected to grow by 2.3% in 2019, according to its central bank... Read more
Oil & GasAramco-Adnoc refinery in India to cost 2X of estimated pricePritam BordoloiNovember 29, 2019 by Pritam BordoloiNovember 29, 2019 The initial estimated cost was $44n, however, now the refinery will be developed with an investment of $70 bn... Read more
Oil & GasAbu Dhabi mulls over $1.5 bn Aramco investmentPritam BordoloiNovember 28, 2019 by Pritam BordoloiNovember 28, 2019 The investment will be made through Abu Dhabi’s state-owned entities... Read more
Islamic BankingDubai Islamic Bank, Noor Bank agree to share-swap dealPritam BordoloiNovember 26, 2019January 24, 2020 by Pritam BordoloiNovember 26, 2019January 24, 2020 One share in Dubai Islamic Bank will be swapped for 5.49 shares in Noor Bank... Read more
AviationEmirates buys 30 Dreamliner worth $8.8 bn from BoeingPritam BordoloiNovember 25, 2019 by Pritam BordoloiNovember 25, 2019 The delivery process will start in 2023 and continue for the next five years... Read more
Oil & GasSaudi Aramco lures investors in Dubai for IPOPritam BordoloiNovember 25, 2019January 24, 2020 by Pritam BordoloiNovember 25, 2019January 24, 2020 The confidential meeting with investors in Dubai was Aramco’s second outside Saudi Arabia... Read more