(Bloomberg) — CVC Capital Partners is close to a deal for a 25% stake in Dubai’s GEMS Education, a private school operator backed by Blackstone Group LP,...
(Bloomberg) — An Abu Dhabi-based company that builds drilling platforms for oil giant Saudi Aramco plans to diversify into renewable energy by supplying gear for offshore...
(Bloomberg) — Emirates NBD received a key regulatory approval taking Dubai’s biggest lender a step closer to completing its purchase of Turkey’s Denizbank, two people with...
Bitcoin’s price relatively outperforms as altcoins fail to play catch up. Significant successive breaches by Bitcoin’s price over the past few months have not only managed...
HSBC picked up four awards at Euromoney’s annual marquee awards for the Middle East in Dubai. The award categories were: Middle East’s Best Bank for Transaction...
The mining sector in Oman identifies as one of the top five primary sectors with the potential to carry out economic diversification. The sector has seen...
(Bloomberg) — Gone are the days of air mattresses on the floor. Airbnb is now catering to the mega-wealthy with a new tier of luxury rentals. Airbnb Luxe went...
According to research by HSBC, more than four-fifths (82%) of UAE companies expect to grow over the next two years, as the twin engines of Expo...
Oman Shipping Company (OSC), a member of the ASYAD Group, announced the signing of an agreement with South Korea’s Daewoo Shipbuilding & Marine Engineering (DSME) to...
(Bloomberg) — The United Arab Emirates said foreign executive directors will be eligible for long-term residency permits if they earn a monthly salary of 30,000 dirhams,...