(Bloomberg) — Two former executives of The Abraaj Group, which collapsed last year in the world’s biggest private-equity insolvency, were arrested on U.S. charges of defrauding investors,...
Vineet Bhatia was among the first international chefs to open a restaurant in Dubai. His Indego by Vineet in the city’s Grosvenor House Hotel has been...
The retail sector has been under close observation in the Middle East. Many press articles and industry chatter suggest that consumers have become more price-sensitive and...
(Bloomberg) — Investors in the United Arab Emirates’s stock markets are marking a clear distinction on how they see some of the biggest listed real estate companies...
(Bloomberg) — Carlyle Group LP plans to buy a stake valued at as much as $4.8 billion in Cepsa from Mubadala Investment Co., about six months after...
(Bloomberg) — In the midst of the financial crisis, as bankers around the world worried about their fate, May Nasrallah made a bold decision. Having reluctantly agreed...
(Bloomberg) — Dubai Islamic Bank, the United Arab Emirates’ biggest Islamic lender, is considering buying its smaller rival Noor Bank, people with knowledge of the talks...
Luxury has a new destination. ELIE SAAB at Emaar Beachfront, a gated island destination in Dubai, was unveiled at Dubai Opera by Mohamed Alabbar, Chairman of...
The organizing committee of the Annual Investment Meeting 2019, has completed the preparations for the upcoming event, which will be held from 8th to 10th of...
(Bloomberg) — Three years ago, Mark Mobius saw his luxury apartments in Dubai go up in flames. While the suites have by now been restored to their...