Friday, May 24, 2024

consortium for $1

UAE Exchange Centre’s parent company Finablr is sold to Israeli-UAE consortium for $1

London: Finablr plc is selling its business to an Israeli-UAE consortium for $1, capping the collapse of a business that had a market value of 1.5 billion pounds ($2 billion) last December. An affiliate of Prism Group AG and Abu...

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Eagle Hills UAE launches “Riga Waterfront” in Latvia for 12 billion dirhams

The Riga Waterfront project, developed by Eagle Hills, includes about 8,000 residential units, in addition to a group of...

Saudi Arabia grants the first headquarters license for a Wall Street bank

The Saudi Ministry of Investment granted licenses to 450 international investors to open regional headquarters in Saudi Arabia. The Saudi Ministry of Investment granted Goldman...

Saudi Arabia announces the first “silent airport”

Abha International Airport launched an awareness campaign for travelers about the concept of the “Silent Airport,” by installing multilingual information signs and electronic notices...

UAE-based Shurooq Partners finances its second credit fund with $100 million

The new fund, affiliated with Shorouk Partners, is expected to focus on the manufacturing, industrial services, financial and software sectors. Mentioned Bloomberg Agency Today, the...

Kuwait Ministry of Interior issues warning to violators of Residency Law

KUWAIT CITY: The Kuwaiti Ministry of Interior has stated that those who violate the residency law will not be allowed to leave the country...