The exit from Oman follows Carrefour’s closure in Jordan on November, a move that was accompanied by the launch of a new retail brand Hypermax
The initial drawing against the facility will be $1.1bn, leaving $0.9bn capacity available to be drawn until December 31, 2026
Sander Van Waes, the company’s founder and CEO, shares how Renie’s innovative solutions are helping organisations across the region embrace responsible waste practices
The acquisition will be capitalised and funded by internal resources along with committed debt financing
New tax regimes in the GCC nations will unleash a new era of growth and economic resilience for the region
EDGNEX, a unit of DAMAC, will construct new data centres in Texas, Arizona, Oklahoma, Louisiana, Ohio, Illinois, Michigan, and Indiana
The growth was primarily driven by the non-oil sector, which saw an increase of 3.9 per cent at constant prices and 1.5 per cent at current prices
The healthcare company began trading publicly on Tuesday and rose 15 per cent on debut as it hovered around the SAR139.60 mark
The company’s capacity has expanded by 33 per cent, driven by a combination of global expansion projects, including greenfield developments and acquisitions
The kingdom sold $5bn, $3bn and $4bn in tenors of three, six and 10 years, respectively, and the total order book reached around $37bn
The authority will develop a unified database consolidating data on economic establishments across Abu Dhabi’s mainland and its non-financial free zones
Zand Bank (Zand) has announced a strategic collaboration with Klickl International (Klickl), a Web3 open…
The Shariah-compliant financing structure forms part of PIF’s continued objective of diversifying its funding sources
The average price in the Burj Khalifa at the end of 2024 stood at Dhs3,000 per square foot, which is 78.5 per cent above the city-wide average of Dhs1,680
The Global Power City Index ranks the major cities of the world on their comprehensive power to attract people, capital, and enterprises from around the world
ECG2.0-Fund2 anticipates exiting its industrial services platform through an initial public offering (IPO) targeted within two years
Dubai’s automotive market will connect to 77 ports managed by DP World globally and is expected to double the emirate’s current automotive sales from Dhs6.8bn to Dhs13.6bn
The deal will see Mashreq retain a minority stake in NeoPay, a payment solutions provider that offers a range of services, including point-of-sale terminals
The seasonally adjusted S&P Global UAE Purchasing Managers’ Index (PMI) rose to 55.4 in December from 54.2 in November, marking a third consecutive monthly increase
The housing projects, offering diverse options for Emirati citizens, align with the Sheikha Hind bint Maktoum Family Programme
Flight EY461, carrying 271 passengers, was accelerating for departure to Abu Dhabi when the flight crew opted to reject take-off owing to a technical issue
Dubai’s strong tourism performance and sustained growth in both visitor numbers and hotel performance indicate the emirate’s resilience and appeal
The first phase of the development, work on which commenced in June last year, has achieved 45 per cent completion
With a focus on personalised medicine, AEON Clinic is redefining the way we approach health prevention and disease management
AD Ports Group continued its focus on digital transformation in 2024 with the acquisition of a 60 per cent equity stake in Dubai Technologies
The fee updates follow a series of consultations with the ADGM business community in 2023, focusing on expanding the jurisdiction and improving the ease of doing business
The weather is expected to be humid overnight and into Saturday morning over certain inland regions
DDF plans to continue enhancing its retail operations, with the final phase of renovations in the arrival shops across three terminals scheduled for completion early this year
The emirate witnessed a 36 per cent increase in sales volumes in 2024 and a 27 per cent rise in value when compared to 2023
With smart planning, you can maximise your leave by aligning your time off with the UAE’s public holidays and weekends