Thursday, February 20, 2020

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STEP Conference 2020 ends with Multimillion Dirham Deals

STEP Conference 2020 ends with Multimillion Dirham Deals

(17 February Dubai) Held in its 9th edition under the theme of “the World in Dubai”, STEP Conference, the leading technology festival for emerging...
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13th New Age Banking Summit to look at challenges, future-forward strategies

DOHA, QATAR:  The 13th edition of the New Age Banking Summit (NABS), a leading platform for the banking and Fintech sector in the Middle...
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Saudi Wealth Fund Leads Fundraising for Online Used Car Trader

Saudi Wealth Fund Leads Fundraising for Online Used Car Trader

(Bloomberg) -- A unit of Saudi Arabia’s sovereign wealth fund is leading a $35 million funding round for SellAnyCar.com as the Dubai-based online car trader...
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Etihad

Etihad Enters $1bln Aircraft Sale Deal with KKR, Altavair

Etihad Airways has signed an agreement with KKR, a leading global investment firm, and Altavair AirFinance (“Altavair”), a leader in commercial aviation finance to...
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Solar water

‘Solar Dome’ To Power Sustainable Water Desalination At NEOM

NEOM, the flagship project of Saudi Arabia’s post-oil diversification plan, recently announced that it would be adopting a pioneering solar technology to produce cost-effective,...
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Dubai

Dubai Tourism, Dubai Land Department ink strategic pact

Dubai Tourism and Dubai Land Department have joined hands to promote Dubai’s real estate and tourism sectors. Both entities signed a Memorandum of Understanding...
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twofour54 Abu Dhabi board appoints Michael Garin as CEO

Global media leader Michael Garin has been appointed as CEO of the thriving media and entertainment hub, twofour54 Abu Dhabi. The position had fallen vacant...
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IMF Trims Global Economic Outlook, But Tones Down Risk Warnings

(Bloomberg) -- The International Monetary Fund predicted the world economy will strengthen in 2020, albeit at a slightly weaker pace than previously anticipated amid...
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Mubadala-backed Alcazar Weighs Sale of Egypt, Jordan Assets

(Bloomberg) --Alcazar Energy Ltd., backed by Abu Dhabi’s Mubadala Investment, is preparing the sale of some of their solar and wind assets in Egypt...
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Oil Holds Biggest Weekly Drop Since July on Easing Gulf Tension

(Bloomberg) --Oil was steady after the biggest weekly drop since July as an easing of geopolitical tension in the Middle East turned attention back...
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