Africa’s Wealthiest Individual Targets Dubai for Family Office
Plans are underway for Africa’s wealthiest person, Aliko Dangote, to establish a family office in Dubai, signaling a significant move towards consolidating his extensive business empire and managing his diverse investments. The billionaire, who is renowne...
Kenya said to finalize $1.5 billion loan from Abu Dhabi
Kenya is reportedly on the verge of securing a $1.5 billion loan from the United Arab Emirates (UAE), a move aimed at bolstering the country’s struggling financial position. This financing deal, which carries an interest rate of 8.2%, comes amid a widenin...
Aldar to invest $408 million in luxury upgrade of UAE hotels
Aldar Properties, one of the UAE’s largest real estate developers, has announced a substantial $408 million investment to revamp several of its high-end hotel properties. The company aims to enhance its hospitality portfolio by upgrading key hotels across...
Collaboration with Toyota Fuels Hydrogen Research at KAUST
Abdul Latif Jameel Motors and the King Abdullah University of Science and Technology (KAUST) have entered a groundbreaking partnership with Toyota to advance hydrogen fuel research. This collaboration aims to explore innovative approaches to sustainable e...
EU Approves e& Group’s Acquisition of Czech Telecom Assets
Approval has been granted by the European Union for e& Group, a telecommunications conglomerate based in the UAE, to acquire the telecom assets of Czech investment group PPF. This decision marks a significant step in e& Group’s strategy to expand...
Oman Launches Study on Low-Carbon Fuel Bunkering
A significant development in the maritime industry is underway as Oman embarks on a comprehensive study aimed at establishing low-carbon fuel bunkering facilities. This initiative aligns with the global push toward sustainability and reducing carbon emiss...
ADIA partners with Blackstone, Vista in Smartsheet’s $8.4 billion acquisition
Smartsheet, a leading platform for enterprise work management, has been acquired for $8.4 billion in a deal spearheaded by Blackstone and Vista Equity Partners. The Abu Dhabi Investment Authority (ADIA) has been named as a key co-investor in this high-pro...
Sinopec Charts Path for Green Transition with Innovation
Sinopec, one of China’s leading oil and gas companies, has embarked on a comprehensive strategy aimed at reducing its carbon footprint while enhancing operational efficiency through innovation and collaboration with educational institutions. This initiati...
Israeli Army Chief Says Military Is Preparing for Possible Ground Operation in Lebanon
"Today, Hezbollah expanded its range of fire, and later today, they will receive a very strong response."
What to Know About the Execution of Death Row Inmate Marcellus Williams Amid Public Outcry
In the aftermath of Williams' death, there has been widespread condemnation.
No more rail strikes as RMT union members back pay deal | Business News
The threat of further widespread train strikes has been lifted after union members voted overwhelmingly for a new pay deal
live updates from Donald Trump and Kamala Harris campaigns, polls
A new Quinnipiac poll has former President Donald Trump and Vice President Kamala Harris in a virtual tie with only
Biden on Trump: ‘Not a lot of social redeeming value there’
President Biden on Wednesday called former President Trump “unusual” during an appearance on “The View” when questioned about Trump blaming
Gold smashes record peaks propelled by rate-cut momentum
Gold has surged to historic heights, driven by the latest Federal Reserve decision to cut interest rates by 50 basis points, sparking heightened investor interest in safe-haven assets. The precious metal, which has long been seen as a hedge against inflat...
CBB 2024: The Feast of Beer, Water, Beverages, Dairy Products and Condiments Equipment Is About to Begin
SHANGHAI, CHINA – Media OutReach Newswire – 25 September 2024 – As a globally renowned event for the entire liquid food industry chain, China Brew China Beverage (CBB 2024) will be held from October 28 to 31, 2024 at the Shanghai New International Expo Ce...