IBC Group, an UAE-based investment company, is planning to acquire 10,000 holiday homes in Dubai, according to an announcement made by the company yesterday. The $5bn...
Abu Dhabi National Exhibitions Company (ADNEC) and Al Ain Convention centre (AACC) have together contributed AED2.3bn to Abu Dhabi’s economy in the first half of 2019...
Fujairah’s refined oil product stockpiles saw an eight-week high with a 10% jump to 21.253 million barrels in the week to Aug 12, Fujairah Oil Industry...
In its financial statements for the second quarter (ending June. 30, 2019) ahlibank has recorded a noteworthy growth surge of 11.8% in its total assets amounting...
Sohar International recently announced the successful closure of its rights issue with an oversubscription. This raises its Tier 1 capital by OMR 40m. In spite of...
Oman Arab Bank (OAB) has added yet another feather to its cap by becoming the first bank in Oman to be recognised as an Authorised Training...
Muriya, the developer of Dhofar’s only Integrated Tourism Complex (ITC) Hawana Salalah, has successfully managed to deliver the Hawana Lagoons project apartments ahead of schedule, creating...
(Bloomberg) – AT&T Inc.’s plan to take on Netflix is taking shape, and it starts with one word: more. More documentaries. More movies. More TV shows. John...
(Bloomberg) – Ineos plans to spend $2 billion to build three chemical plants in Saudi Arabia as the group controlled by U.K. billionaire Jim Ratcliffe enters the...
(Bloomberg) – SoftBank Group Corp.’s early-stage venture capital arm is setting up a second investment fund dedicated to unearthing promising startups in artificial intelligence, propelling founder Masayoshi...
