(Bloomberg) — Profit at Dubai-based Damac Properties plummeted in the first quarter as the company grapples with a slowdown in demand for real estate in its home...
(Bloomberg) — Investors in Dubai’s equities might be feeling whiplash after the main index went from the day’s worst performer worldwide to the biggest gainer in...
(Bloomberg) — Careem Networks FZ, the Middle Eastern ride-hailing company recently snatched up by Uber Technologies Inc., is expanding in Saudi Arabia with a bus-transport service...
(Bloomberg) — Dubai Islamic Bank PJSC hired HSBC Holdings Plc to advise on its possible acquisition of smaller rival Noor Bank PJSC, according to people with...
(Bloomberg) — Dubai-based Arqaam Capital Ltd. and Abu Dhabi’s The National Investor are weighing a possible merger, according to people with knowledge of the matter. The...
(Bloomberg) — Arif Naqvi, the founder of buyout fund Abraaj Group, can be released on conditional bail of 15 million pounds ($20 million) after a London...
(Bloomberg) — A short video clip on the Molly Ramm Instagram account shows a young woman cruising down a sunbathed Dubai highway in a Lamborghini with...
(Bloomberg) — If you’re struggling to keep up with the pace of bank consolidation in the Gulf, here’s an overview of which lenders are in merger talks...
(Bloomberg) — Boeing Co. was lambasted by the most powerful figure in Dubai aviation for failing to keep airlines updated on the grounding of the 737...
(Bloomberg) — Warren Buffett’s real estate brokerage is expanding into the Middle East with an office in Dubai. Berkshire Hathaway HomeServices Gulf Properties will be led...
