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Shuaa in Talks With Abu Dhabi Firm Amid Gulf Merger Wave

(Bloomberg) -- Dubai’s Shuaa Capital started talks for a potential combination with an Abu Dhabi entity, joining a stream of mergers in the Gulf’s...
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Careem driver

Uber Is Said to Seal $3.1 Billion Deal to Buy Careem This Week

Uber Technologies Inc. is set to announce a $3.1 billion cash-and-share deal to acquire its Dubai-based rival Careem Networks FZ as early as this...
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University of Manchester middle east centre

The University of Manchester – Middle East Centre

The University of Manchester launched the Middle East Centre and the flagship Manchester Global part-time MBA programme, at Dubai Knowledge Park, United Arab Emirates,...
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riyadh

GEMS Is Said to Bid for Top Saudi School Chain

(Bloomberg) -- GEMS Education, the Dubai-based school operator backed by Blackstone Group LP, is in advanced talks to invest in Saudi Arabia’s Maarif for...
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Abu dhabi

Abu Dhabi Is Said to Revive Sale of 1MDB Tarnished Falcon Assets

(Bloomberg) -- Abu Dhabi’s Mubadala Development Co. is reviving plans to sell Falcon Private Bank in Switzerland as it seeks to distance itself from the...
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Dubai; uae; reidency permit for executive directors

UAE Plans to Ease Citizens’ Debt Burden as Economy Slows

The United Arab Emirates started a program that aims to reduce the debt burden of its citizens as the oil-rich Gulf country grapples with...
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Dubai IMG

Dubai’s IMG Said to Weigh Sale of Largest Indoor Theme Park

The owner of the world’s largest indoor theme park in Dubai is exploring options for the business, including a possible sale, according to people...
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Aramex

What are Analysts saying about Dubai’s Aramex?

(Bloomberg) -- Aramex gained the most in more than four years after a unit of Australian Postal Corp. sold its stake in Middle Eastern...
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dubai UAE

UAE Private Companies Cut Jobs at Fastest Pace in a Decade

Companies in the United Arab Emirates’ non-oil private sector cut jobs at the fastest pace in almost a decade as lower crude prices and...
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An Emirati man looks out from the Dubai Creek Habour Development towards the Burj Khalifa tower, center, and other skyscrapers in Dubai, United Arab Emirates, UAE

Time to Buy Saudi Stocks? Some Investors Look at Dubai Instead

Saudi Arabian stocks are about to join major emerging-markets benchmarks, gaining the attention of many money managers for the first time. But some investors...
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