(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...
UAE-based automotive start-up Seez, which makes shopping for cars easy and accessible through its app, has managed to raise $6mn in a Series A funding round,...
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...
(Bloomberg) — A Middle Eastern drinking-water company is producing the region’s first bottles made entirely from fermented plant sugars. Agthia Group, which markets the Al Ain brand...
In an interesting twist to the financial quagmire NMC Health is already in, BR Shetty, its founder and chairman, has stepped down from the company’s board....
Jebel Hafit Desert Park, Al Ain’s newest tourist attraction, was inaugurated by H.H. Sheikh Khalid bin Mohamed bin Zayed Al Nahyan, Member of the Abu Dhabi...
(Bloomberg) — Marathon Petroleum Corp.’s Speedway gas-station division has drawn interest from potential buyers including the owner of convenience-store chain 7-Eleven as well as TDR Capital, people...
UAE’s Federal Tax Authority (FTA) has announced that import of waterpipe tobacco (Mu’assel) or electrically heated cigarette plugs not bearing the ‘Digital Tax Stamps’ will be...
The Emirati Dirham (AED) has been included in the soon to be launched Buna, a multi-currency payment platform affiliated with the Arab Monetary Fund. The Emirati...
DOHA, QATAR: The 13th edition of the New Age Banking Summit (NABS), a leading platform for the banking and Fintech sector in the Middle East, will...
