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Wednesday, 30 October 2019

Damac owner Hussain Sajwani completes purchase of Roberto Cavalli

Dubai-based Vision Investment Company has bought troubled Italian fashion house
Timing of Aramco IPO will be Saudi crown prince's decision, says energy minister
The long-awaited initial public offering will reportedly happen on December 11 on the Riyadh...
Dubai's DP World says UK expansion on hold over Brexit
DP World has invested $1.9bn in the UK until now, including in the London Gateway port

Saudi Arabia's sovereign fund to invest $10bn in Brazil

The two governments will form a council over the next two weeks, which will define the sectors...
Aeromexico GM vows to continue legal fight against Emirates' planned flights to Mexico
Aeromexico director general has said that the airline is working under the assumption that...
Brazil's BRF to build chicken processing plant in Saudi Arabia
The company currently has four production facilities in the region

Opening of Address Sky View Hotel in Dubai delayed

Iconic hotel in Downtown Dubai was scheduled to open on November 1
Palestinian man wheels and deals to restore classic cars
Munir al-Shindi worked in car renovation in the UAE for 12 years
India's aviation ministry defers decision on expanding airline seat capacity with UAE
India's civil aviation ministry to hold further discussions with the UAE authorities early next...

Lebanon government falls, protesters demand 'more'

Protesters have insisted on a complete overhaul of the country's sectarian-based governance and...
UAE petrol prices in November to fall for third month in a row
Prices also fell 4 percent in September a 2 percent in October
UAE telco Du reports double-digit drop in Q3 profits
Falling revenue and a decline in mobile subscriptions were cited as reasons for the 13.5% Q3 drop

Saudi Arabia signs $15bn deals on opening day of investment conference

Over 24 deals agreed including $1bn agreement between Saudi Aramco and Spanish outfit Tubacex
Photos

In pictures: Narendra Modi meets Saudi King and Crown Prince

Prime Minister Narendra Modi also delivered a keynote address at the 3rd Future Investment...
In pictures: The all-new 2020 Volkswagen Golf with hybrid variants
The eighth generation Golf - intelligent, connected and electrified.
In pictures: BIDEC 2019 at the Bahrain International Exhibition & Convention Centre
This year's Bahrain International Defence and Exhibition Conference, attracted over 200 companies...
Videos

Video: IMF's Azour on Saudi Arabia Vision 2030 targets, economy, growth for 2019, OPEC+

Jihad Azour, Middle East and central Asia director at the International Monetary Fund, discusses...
Video: Russia is increasing its presence in the Middle East - RDIF
Kirill Dmitriev, chief executive officer at Russian Direct Investment Fund speaking the sidelines...
AB Live: Are more regulations required for the UAE's F&B market?
On this week's AB Live, Trevor McKensie from Mango Tree and Lynne Bellinger from Marriott discuss...
Editor's Choice

Lebanon PM Saad Hariri resigns after two weeks of protests

Embattled prime minister bows to pressure from a mass protest movement that has crippled the...
Work set to start on $3.5bn King Hamad Causeway mega project
Consortium wins consultancy contract to advise on bridge project linking Saudi Arabia and Bahrain
More Dubai tenants 'trade up' to bigger homes as rents remain subdued
Brokerage Appello Real Estate sees 34% increase in rental clients upgrading to bigger properties...

Gulf wealth funds to consider investing in Saudi Aramco IPO

Sovereign wealth funds in Kuwait and Bahrain mull move to invest in Saudi energy giant
For editorial queries, please contact
Neil Halligan
Editor, ArabianBusiness.com
neil.halligan@itp.com
Shane Mc Ginley
Editorial Director, Arabian Business
Shane.McGinley@itp.com
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Joe Chidiac
Group Commercial Director, Arabian Business, CEO Middle East, Esquire, Rake and Revolution
Direct +971 4 444 3121 Mobile +971 55 459 2700
joe.chidiac@itp.com
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