UAE: Property Finder secures $250 million in credit deal
Dubai-based Property Finder has acquired $250 million in debt financing from Ares Management, signifying demand in the United Arab Emirates’...
UAE
Amazon launches “15-minute” delivery service in UAE
Amazon has launched its delivery service Amazon Now across the UAE, according to an announcement on Amazon's website published on...
Displacement soars in Darfur as UAE fuels war in Sudan
Intensified fighting in North Darfur’s capital, el-Fasher, has tripled the number of displaced people in nearby Tawila as of the...
Emirates Driving Company acquires 22.5% stake in Mwasalat
Abu Dhabi-based Multiply Group, which is an investment holding company, announced on October 20th that its subsidiary, Emirates Driving Company...
UAE data centre market to be worth over $3.3 billion by 2030
The UAE’s data centre market is predicted to surpass a value of $3.3 billion (£2.5 billion) by 2030 due to...
Swiss bank UBS opens advisory office in Abu Dhabi
The Swiss bank UBS has opened a new advisory office in Abu Dhabi’s financial centre, Abu Dhabi Global Market (ADGM),...
“AI is a new oil” says UAE cyber chief
Artificial Intelligence is “a new oil” for the UAE according to its head of Cybersecurity Mohamed Al Kuwaiti, the World...
Abu Dhabi-based global investment company announces merger
Abu Dhabi's IHC (International Holding Company) has announced plans to merge three of its companies into a single investment valued...
Alibaba’s Cloud launches second data centre in Dubai
Chinese e-commerce company Alibaba’s cloud business launched its second data centre in Dubai on October 14, reports Reuters. In a...
UAE railway operator inks memorandum for transport boost
UAE’s national railway network operator Etihad Rail has signed a memorandum of understanding (MoU) with United Trans and Via to...
Libya and UAE eye resumption of direct flights
The United Arab Emirates and Libya have been in talks to revive direct flights between the two countries, according to...
UAE’s PureHealth acquires 60% of Greek healthcare group
Abu Dhabi-based PureHealth has completed the acquisition of its majority stake in Hellenic Healthcare Group (HHG), according to the Financial...
African leaders failed to discuss home conflicts at UN, say analysts
Analysts of the UN General Assembly (UNGA) have condemned African leaders for their failure to speak up about conflicts happening...
US official reveals new aid delivery system for Sudan’s El-Fasher
A top US official revealed that an agreement with Sudan’s paramilitary Rapid Support Forces to implement a humanitarian aid delivery...
NATO-style alliance fails to be agreed on at Qatar summit
Unity over security issues continues to weaken in the Middle East, as Egypt's attempts to bring forward a NATO-style military...
