Newsroom

Business

Saudi Arabia and Türkiye ink new economic deals in Istanbul for $30bn projected trade

Saudi Arabia and Turkiye solidify economic ties with ten new agreements at a major business forum in Istanbul, aiming for $30 billion in bilateral trade.

Business

Emaar Square Building 3: Record-breaking $137mn property deal hits Downtown Dubai

Property brokerage Driven Properties has finalised the largest real estate deal Downtown Dubai for the fiscal year of 2024, acquiring Emaar Square Building 3 for 505 million dirhams.

Abu Dhabi

Lulu Retail expands IPO to 30% amid strong investor demand

UAE grocery titan LuLu Retail has increased its IPO size to 30% amid strong investor demand, attracting significant investments from entities like Masarrah Investment Company.

Abu Dhabi

ADNOC’s Enersol strikes major deal to acquire U.S. Deep Well Services for $223mn

Enersol’s $223M acquisition of Deep Well Services aims to transform UAE energy, leveraging advanced technologies for high-pressure well completions and strategic automation.

America Decides 2024

Harris bets on Hollywood star power as Trump focuses on people-first appeal

Kamala Harris bets on Hollywood star power to energise voters, but critics warn of backlash amid economic woes. Jill Stein’s rise and Trump’s populism complicate her path in key swing states.

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