(Bloomberg) — Emirates NBD’s first-half profit jumped 49% as Dubai’s biggest bank benefited from the sale of a stake in its card payments processing unit. Net income...
(Bloomberg) — In a world of diminishing returns, Abu Dhabi’s top sovereign wealth fund (Abu Dhabi Investment Authority) is hiring as it boosts active management of its...
(Bloomberg) — Abu Dhabi’s sovereign wealth fund has agreed to buy a 30% stake in Domestic & General Group Ltd., the U.K. appliance warranty provider owned by...
(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...
The wait for 5G ended in UAE when the telecom leader Etisalat launched the country’s first 5G-enabled smartphone ZTE Axon Pro10, on June 4. With speed...
(Bloomberg) — Abu Dhabi National Oil Co. and Dutch chemical producer OCI NV are in advanced talks to combine their Middle Eastern fertilizer businesses, people with...
(Bloomberg) — Banks in the United Arab Emirates may go through a second wave of consolidation as lenders seek to improve profitability and tackle inefficiencies, according...
(Bloomberg) — Abu Dhabi Investment Authority, one of the world’s largest sovereign wealth funds, plans to buy out Vornado Realty Trust’s 25% stake in the midtown...
(Bloomberg) – Abu Dhabi’s economic growth will average 2.5% in the four years through 2022 as it benefits from higher oil production and prices, S&P Global Ratings...
Abu Dhabi’s manufacturing industries showed a growth rate of 5.9% that reflects the vital role of this major sector as an effective contributor to the emirate’s non-oil economy...
