Abu Dhabi National Oil Company (“ADNOC”)announced that a consortium of leading international investors (Global Infrastructure Partners, Brookfield, GIC, Ontario Teachers’ Pension Plan Board, Snam and NH Investment & Securities, together the “Consortium”), will collectively acquire a 49% stake in ADNOC Gas Pipeline Assets LLC (henceforth referred to as “ADNOC Gas Pipelines”), a newly formed subsidiary

Liv. Bank, the UAE’s fastest growing digital-only lifestyle bank, made a contribution to Careem in support of its Captain Fund that launched in the UAE in response to the global crisis. The contribution will help provide fuel and essentials to Careem Captains, who support the community with their vital role in delivering food and day-to-day

BH Mubasher Financial Services PJSC, a leading investment firm in the UAE’s financial market, recently obtained an Introducing License, from the Securities and Commodities Authority, becoming one of the financial companies in the UAE to offer this service Abdel Hadi Al Sa’di, Chief Executive Officer, BH Mubasher, said, “We are pleased to have obtained the

ENOC Group, the wholly-owned Dubai government entity, has reported a significant surge in the demand of storage capacity across its terminals in the UAE, Saudi Arabia, Singapore, Morocco and Djibouti. The increased demand for bulk liquid storage at its facilities is a result of the upward price trajectory, as customers seek storage provision due to the

Expectedly, business executives in the Middle East region are generally uncertain and cautious about the economy, their growth prospects, and their appetite to pursue M&A, as per the latest edition of the EY Global Capital Confidence Barometer(CCB). Of the executives surveyed, 77% expect the COVID-19 pandemic to have a severe impact on the global economy,

Travel trade professionals from across the world gathered in their thousands to attend the three-day Arabian Travel Market (ATM) Virtual, which debuted on 1-3 June 2020. The online event which attracted almost 12,000 attendees from 140 countries around the world, focused on the ME region’s tourism sector, addressed emerging trends, as well as the opportunities

Sunset Hospitality Group is further expanding its growing portfolio in the region, announcing the introduction of its first operational outlet in Beirut, Lebanon with Azure Beach Resort, set to open this month. This follows the group’s newest Black Tap branch opening in May at The Dubai Mall – the largest Black Tap venue in Dubai,