Dubai World unit sells Atlantis hotel to ICD
A unit of Dubai World has sold its Atlantis hotel situated in Palm Jumeirah to Investment Corporation of Dubai (ICD) for an undisclosed sum, to help the group with its debt repayments
A unit of Dubai World has sold its Atlantis hotel situated in Palm Jumeirah to Investment Corporation of Dubai (ICD) for an undisclosed sum, to help the group with its debt repayments
The Qatar Chamber of Commerce and Industry has announced plans for establishing a US$548mn venture that would focus primarily on the construction of industrial plants and related projects in the country
The UAE?s Aldar Properties has raised US$750mn by issuing a five-year sukuk, its first capital markets transaction since its merger with Sorouh Real Estate in 2013
The Salalah-based fisheries company produces and exports canned tuna, sardines, pre-cooked frozen tuna, fish meal, fish oil and other related products. (Image source: Malias/Flickr)
UAE-based diversified group ANC Holding has announced that it will acquire a 39.2 per cent interest in Oman?s Dhofar Fisheries and Food Industries
The European Bank for Reconstruction and Development (EBRD) has planned to invest up to US$1.1bn in some Middle East and North African (MENA) countries next year, to help bolster regional stability and spur growth