Sale will be worth Dhs963m, while the transaction is expected to be completed in Q1 2021,…
Category: Main Stories
Real Estate Investment Platform Stake Launches in UAE
Stake, facilitating a simple, affordable way for users to invest in income generating properties, has been…
First Abu Dhabi Bank (FAB) Opens in Indonesia
FAB Indonesia will serve as a bridge to facilitate trade and investment flows between the UAE,…
Investcorp to Expand its Private-Credit and Special-Opportunities Platforms
Investcorp took a passive minority position in private equity firm Centre Lane Partners, the latest investment…
Saudi Arabia has Discovered Four New Oil and Gas Fields
Discoveries were made by Saudi Aramco in different parts of the country. Non-conventional oil has been…
Airbus is World’s Largest Jet maker for the Second Year in a Row
Barring widespread new travel upheaval, industry sources expect Airbus to deliver 550-560 planes in 2020 after…
Transnet Hit its First Half-Year Headline Loss
Group swung to a headline loss of R3 billion for the six months ending September 2020,…
First Tranche in a Buyback Program
Dangote Cement will buy back 85.2 million shares on the Lagos bourse to return cash to…
Central Termica De Ressano Garcia S.A. Sold by Sasol
Sasol says this transaction is part of its “ongoing, strategy aligned, asset divestment programme.” The disposal…
Pent-up Demand Boosted by Record Low Interest Rates
Property prices declining in real terms, after stripping away inflation which has averaged 3.3% this year.…