(MENAFN – Khaleej Times) Major sovereign governments and sovereign wealth funds, or SWFs, in the Middle East are investing less globally than they have in the three years, giving preference to spend … (read more here…)
(MENAFN – Khaleej Times) Dubai International airport is expected to become the third busiest international airport by 2020 as its operator is spending a huge amount of money for expansion on the … (read more here…)
(MENAFN) Nakheel's chairman, Ali Rashid Lootah, stated that by the end of 2012, the company will establish 192 studio apartments on the Palm Jumeirah, reported Gulf News.Lootah said that Palm … (read more here…)
After 22 matches, played on an incredibly hot day in Dubai, the FIWC12 Grand Final is in full swing. There have been a few surprise performances by first-time finalists along with some solid … (read more here…)
DUBAI, May 21 (Xinhua) — The 9th Dubai International Film Festival (DIFF), to be held at the end of 2012, will host the 129th meeting of "Eurimages", a European Film Fund that supports … (read more here…)
Abu Dhabi has selected banks including Goldman Sachs Group Inc. (GS), Morgan Stanley (MS) and Credit Suisse Group AG (CS) to advise on the state-backed merger of Aldar Properties Co. (ALDAR.AD) and Sorouh Real Estate (SOROUH.AD), Reuters news agency reported Monday on its website, citing four unnamed sources. (read more here…)
(MENAFN) Dubai-based courier Aramex PJSC plans USD100 million buyouts by the end of next year, with eyes on Asia and Australia, Arabian Business reported. CEO Fadi Ghandour said the company seeks … (read more…)
(MENAFN) Norwegian oil services firm Aker Solutions agreed to buy Dubai-based NPS Energy, part of oilfield services company National Petroleum Services, as it seeks to benefit from the world's top … (read more…)
From liposuction in Athens to an eye operation in Dubai, the lucrative market in medical tourism is on the up, tempting ever more countries to look for ways to profit from foreign patient care. (read more…)
DUBAI — A Dubai-based climber is set to reach the summit of Mount Everest today morning, where he will plant the UAE national flag at the top of the world’s tallest mountain. (read more…)
VIENNA/DUBAI (Reuters) – The U.N. nuclear watchdog chief held talks in Tehran on Monday ahead of a meeting between major powers and Iranian officials this week, but there was no immediate sign of a breakthrough in the tense confrontation over Iran's nuclear programme. Yukiya Amano paid a rare visit to Tehran after voicing hope...
A.M. Best Co. announced the formal opening of its new office in the Dubai International Finance Centre (DIFC) in Dubai, UAE. The office is located in Tower 2, Currency House, DIFC, and “will operate as A.M. Best MENA, South & … (read more…) – FINANCE
Digital Domain, the award-winning visual effects company behind the blockbuster “Transformers” films and “Tron: Legacy,” is expanding into the Middle East with plans to open a 150,000-square-foot production studio in Abu Dhabi in 2015. (read more…) – FINANCE
Jakob Thomsen, CEO, Saxo Bank (Dubai) Ltd. speaks to Arab News in Dubai. What are the activities of Saxo Bank? Saxo Bank is an international investment bank specializing in online trading and investment across global financial markets. (read more…) – FINANCE
DUBAI, United Arab Emirates – The American special effects company that brought the "Transformers" movies to life and recently wowed concertgoers with a performing hologram of late rapper Tupac Shakur is setting up a studio in oil-rich Abu Dhabi. (read the story…)
