Chinese seismic giant BGP has won multiple multi-billion-dollar deals from Saudi Arabia’s state-owned Saudi Aramco to conduct onshore and offshore seismic surveys in Saudi Arabia, claimed by sources …
Mubadala-backed Tabby increases debt facility to $350 million
Dubai-based buy now, pay later platform Tabby has more than doubled its debt facility to $350 million in a new financing round. The Mubadala-backed FinTech company secured the financing from global …
Russian Steel Tycoon Joins Business Elite Opening in Abu Dhabi
Russian steel tycoon Vladimir Lisin has become the latest high-profile businessman to set up in Abu Dhabi with a series of new offices and special purpose vehicles.
Flat6Labs deploys $10.2mln in start-up funding to enrich Abu Dhabi entrepreneurship ecosystem
The highly tailored program has led to investments of US$10.2 million into 38 promising start-ups Abu Dhabi, United Arab Emirates – Two years since the launch of its flagship Flat6Labs Ignite Program, …
Dubai’s road authority weighs possible IPO of taxi business -sources
Dubai’s transport regulator is in the early stages of exploring strategic options for its assets, including a possible initial public offering of its taxi business, two sources familiar with the …
Global HNWIs to pour $2.5bn in Dubai property in 2023: Knight Frank
The world’s wealthy have been increasingly targeting Dubai’s luxurious homes, primarily situated in the city’s most desirable districts …