Dubai’s Roads and Transport Authority (RTA) had last year managed to attract AED1billion ($272.2 million) worth of foreign investments in infrastructure and services developments projects, through PPP models; Build, Operate, Finance (BOFT), with several global firms from the US...
DIP Holding announced a final IPO price of Dhs1.12 per share, representing a Dhs9.7bn valuation. The offering, representing 20% of its capital, is expected to generate Dhs1.9bn in proceeds.
Crude prices slipped on Thursday, with Brent at $93.63 and U.S. WTI at $87.13. The move follows President Trump’s comment that the United States has no immediate plans to attack Iran.
A rear‑end collision on Sheikh Mohammed bin Zayed Road left a Pakistani expat’s dogs distressed. Dubai police intervened, arranged a pet ambulance and ensured the animals received care.
Four tankers caught fire after hitting mines near the Strait of Hormuz, while the US prepares additional air defenses in Israel. Trump signals readiness for a strike despite unresolved negotiations with Tehran.
Projections give Democrats control of the House and put them within striking distance of the Senate. Key wins in South Carolina and North Carolina highlight a widening Democratic wave.
