The group’s balance sheet remains resilient with Dhs140.4bn in assets and a strong cash position of Dhs20.2bn
Breitling’s average selling price is now about $6,100, as the company uses more gold, precious stones and metals
Headquartered in Abu Dhabi, Emircom has a wide customer base that includes government organisations, educational institutes, finance houses and healthcare organisations
The Dhs7.5bn deal will make Dubai Holding the second largest shareholder of Emaar
Kalyon Enerji is owned by the giant Turkish group Kalyon Holding, which operates in the construction, energy and aviation industries
Aramco will benefit from VGP’s robust manufacturing and distribution network, significant R&D capabilities, strong partnerships with major OEMs
Ykone is an influencer marketing agency focused on travel, beauty, fashion and luxury brands
Acquisition aligns with DP World’s aim to become the leading market access and logistics partner in Africa
FAB will act as sole mandated lead arranger and bookrunner, green loan coordinator and account bank for this transaction
Microsoft, Walmart, Twitter and Oracle have made bids for TikTok
Mahdi Aladel, who formerly led the state energy producer’s base oils and lubricants division, will take over
InstaShop operates in five countries with over 1,500 vendors on its platform
Prior to Facebook’s acquisition, Amazon and a few other tech companies had also shown interest in Mapillary
The additional funds would give Airbnb an extra financial cushion as prospects dim for an initial public offering this year