(Bloomberg) — Bavaguthu Raghuram Shetty was once a typical billionaire with a taste for the high-life. He splurged on a private jet, vintage cars and two entire...
The Ministry of Oil and Gas signed on Wednesday a new Exploration and Production Sharing Agreement (EPSA) with a joint-venturing consortium of Total E&P and PTTEP...
The UAE has higher rental returns than some of the most popular locations for property investment in the world, a new report has revealed today. Dubai...
Nawah Energy Company has begun loading the first nuclear fuel assemblies at Unit 1 of Barakah Nuclear Energy Plant, according to WAM. This initial step follows the...
(Bloomberg) — The maker of a $3.4 million supercar that can hit speeds of almost 250 miles per hour has sensed the time is right to target...
Dubai’s largest bank is selling ‘kangaroo’ bonds with a 10-year maturity, according to media sources. Emirates NBD has hired ANZ, Emirates NBD Capital, Mizuho and Nomura...
The Region’s first nuclear power plant is set to begin operations soon, with UAE’s nuclear regulatory authority granting the operating license for Unit 1 of the...
One of the world’s largest port operators is set to delist and return to full state ownership in a deal valuing the company at US$13.9 billion. Port...
(Bloomberg) — Equity markets in the Middle East were mixed as investors reacted to earnings reports throughout the region. The benchmark in Qatar led losses as it...
Kristalina Georgieva, Managing Director – International Monetary Fund (IMF), has warned of serious effects on the world economy if the Wuhan coronavirus outbreak (COVID-19) is not...
