Thursday, August 13, 2020

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One Sector Is Keeping Dealmakers Busy Amid Coronavirus Gloom

One Sector Is Keeping Dealmakers Busy Amid Coronavirus Gloom

(Bloomberg) -- While dealmakers brace for a year of gloom and doom, a small pocket of the M&A world has been defying the downturn. Investors are...
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Mohammed bin Zayed Residential City

Five Things to know about the new Mohammed bin Zayed Residential City

The construction of the AED1.9 billion Mohamed bin Zayed City Residential City project in Fujairah is now complete, according to the Follow-up Committee of...
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Modi needs rivals’ help to meet $3 trillion infra target

(Bloomberg) --Prime Minister Narendra Modi must invest trillions of dollars on roads and other critical infrastructure if he’s to pull India’s economy out of...
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al jaber; dubai

Dubai Halts Mega-Airport Project as Gulf Economies Stumble

Work on Dubai’s Al Maktoum airport, designed to be one of the world’s biggest with an annual capacity of more than 250 million passengers,...
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Worldwide 5G Network Infrastructure Revenue to nearly double by 2020

Worldwide 5G wireless network infrastructure revenue will reach $4.2bn in 2020, according to Gartner Inc. This is an 89% increase from the 2019 revenue...
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India aims to be a US$5trillion economy with help of ‘valuable partner’ UAE: Modi

India’s Prime Minister Narendra Modi considers UAE a ‘valuable’ partner in achieving the Republic’s objective of becoming a US$5trillion economy by 2024-25, according to...
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XMG introduces heavy machinery series specifically for the Middle East

XCMG, a well-known Chinese multinational heavy machinery manufacturer, launched its new product line up catering to the Middle East market at a function in...
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Galfar awarded subcontract worth US$16mn for work in Ras Markaz crude oil park project

Galfar Engineering & Contracting, Oman’s largest multi-disciplined engineering, contracting and construction company, has recently been awarded a sub-contract for US$16mn from China Petroleum Pipeline...
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Logistics giant Panalpina sets up office in Oman

Panalpina, an international freight forwarding and logistics company based in Switzerland, is soon planning to set foot in Oman with its office opening in...
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First polyethylene pipe factory launched in Oman’s Duqm SEZ

Duqm Hongtong Pipes Company, a Chinese-Omani partnership, held the ground-breaking ceremony of the Sultanate’s first factory for manufacturing Reinforced Thermopolyethlene Pipes at the Special...
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