The $693mn deal also includes the company’s assets in Kuwait, which will be transferred on completion of customary technical ...

The UAE Central Bank has revoked Omda Exchange’s licence, removed it from the register and imposed a $2.7m penalty ...

B1 Properties brokered a $24m Palm Jumeirah plot sale, the highest price-per-square-foot transaction recorded in Dubai in ...

Dubai South’s Mohammed bin Rashid Aerospace Hub is expanding with UUDS AERO, adding wide-body plots and launching Cabin ...

Riyadh Air has completed first test flight of its Boeing 787-9 Dreamliner in the US, marking key milestone ahead of aircraft ...

Royal Development Holding sold out Phase 1 of $327m Radisson Residences Al Reem Island in Abu Dhabi in 24 hours ...

Italian firm Arsenale has signed a deal with SIMEST for Saudi Arabia’s first ultra-luxury train, backed by $40m in equity and ...

The store has launched in partnership with Al Tayer Insignia, SKIMS’ regional retail partner, as part of the brand’s broader ...

GF’s lifecycle-driven flow solutions are helping governments and utilities improve desalination efficiency, reliability and ...

Fay Hills will be made up of four interconnected residential villages linked by shaded green corridors, landscaped parks and ...

The Saudi Central Bank (SAMA) has issued a new Fees Guide for Financial Institutions’ Services, which will replace the ...

The company reiterated that the penalty does not have any significant impact on its financial or operational position ...