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Wednesday, 12 February 2020

Nissan files $90m lawsuit against former chairman Carlos Ghosn

The 65-year-old faces multiple charges of financial misconduct in Japan but fled to Lebanon...
Adnoc Distribution profits rise 4.2% to $604m in 2019
Adnoc Distribution said cost efficiency measures led to a 8.6 percent reduction in operating...
UAE-based Eltizam outlines ten-year aggressive growth plan worth $2.6bn
CEO Chris Roberts expects revenues to double by the end of 2021 with plans for Saudi, Egypt,...

Dubai developer Deyaar announces $416.6m losses

Financial results reveal revenues fell six percent in 2019 compared to previous year
Healthcare platform Vezeeta raises $40m in funding round led by Gulf Capital
Vezeeta currently operates in in 50 cities across Egypt, Saudi Arabia, Jordan and Lebanon
$450m superyacht in divorce case freed to leave Dubai
MV Luna has been holed up in Dubai while lawyers for Russian oligarch Farkhad Akhmedov fought a...

Residential sales prices in UAE continue to fall amid signs of recovery

Residential sales prices in Abu Dhabi fell by 7.5%, compared to 6% in Dubai
Samsung joins the fold with Galaxy Z Flip smartphone
Samsung also introduced a new Galaxy S 20 Ultra flagship model for its lineup of smartphones...
CEO of world's largest hedge fund says market impact of coronavirus is 'exaggerated'
Global equities have been in turmoil amid fears about the spread of the deadly coronavirus

Lebanon parliament backs new govt in confidence vote amid protests

Protesters earlier clashed outside with security forces who used teargas and water cannon to...
Finland's Expo 2020 Dubai pavilion organisers anxiously await granite from China
'Snow Cape' pavilion has topped out with work scheduled to complete in mid-September
Some Asian buyers take less Saudi oil on demand hit from virus
The companies, which include two Chinese buyers, requested the lower volumes as part of their...

Arabian Business to launch inaugural event in Africa

Arabian Business Africa Forum and Awards will be held in Rwanda on April 16
Photos

In pictures: Expo 2020 Dubai makes public statement

Celebrated London-based architect Asif Khan has been charged with developing the public realm...
Emirates helps Arsenal prepare for Premier League run in with training camp in Dubai
Arsenal is wrapping up their winter training in Dubai
In pictures: Samsung unveils Galaxy Z Flip
Samsung and iconic fashion brand Thom Browne collaborate on limited edition Galaxy Z Flip
Videos

Video: How to avoid the coronavirus on airlines

Forget face masks and rubber gloves. The best way to avoid the virus is frequent hand washing,...
Video: ACWA Power will be in 16 countries by end of year, says CEO
Paddy Padmanathan, chief executive officer at ACWA Power, discusses where he's expanding the...
Video: A couple of dollars a week for tin cans - Lebanon's economic crisis
The UN's top official in Lebanon has warned of a potential new migrant crisis unfolding in Europe...
Editor's Choice

UAE is well stocked with equipment to fight coronavirus threat - minister

Health Minister says the UAE has sufficient supplies of surgical masks, medical gloves, goggles,...
Dubai developer Damac posts first annual loss in a decade
Developer reports $10m loss for 2019 as sales and revenue both drop significantly
Saudi giga project Amaala reveals big names on advisory board
Ultra-luxury development planned along Saudi Arabia's northwest coast has announced its advisory...

UAE investment firm buys 1,352 homes, offices in $272m deal

Sheikh Mansour-owned Emirates Strategic Investments Company acquires two mixed-use properties in...
Opinion

Opinion: Understanding Adnoc's brand value

The Abu Dhabi National Oil Company's recent efforts show how a well-devised and well-executed...
Featured Analysis

What next for Dubai's troubled satellite broadcaster OSN?

As the rise of streaming platforms puts pressure on traditional pay-TV networks to produce...
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Neil Halligan
Editor, ArabianBusiness.com
neil.halligan@itp.com
Shane Mc Ginley
Editorial Director, Arabian Business
Shane.McGinley@itp.com
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