Malaysia’s Employees Provident Fund (EPF) and sovereign wealth fund Khazanah Nasional are leading a consortium that includes investors from the United Arab Emirates and the US to take airport operator Malaysia Airports Holdings private in a deal worth over 12 billion ringgit (US$2.56 billion).
Exploring investment: PM expected to visit UAE in a couple of weeks
ISLAMABAD: Prime Minister Shehbaz Sharif is expected to visit United Arab Emirates (UAE) within a couple of weeks, wherein issues related to investment in different sectors, country’s financial …
Yemen’s Houthi rebels launch missile that strikes oil tanker
DUBAI, United Arab Emirates (AP) — Yemen’s Houthi rebels hit an oil tanker in the Red Sea with a ballistic missile early today, damaging the Panama-flagged, Greek-owned vessel in their latest assault over the Israel-Hamas war in the Gaza Strip …
UN experts say South Sudan is close to securing a $13 billion oil-backed loan from a UAE company
U.N. experts say South Sudan is close to securing a $13 billion loan from a company in the United Arab Emirates, despite the oil-rich country’s difficulties in managing debts backed by its oil …
UAE spends $55 million on Virginia property for future compound
The United Arab Emirates government purchased 18 acres of land along the Potomac River in McLean, Virginia, for $55 million with plans of building a compound.
OFWs in UAE prefer to invest in property: survey
Majority of overseas Filipino workers (OFWs) in the United Arab Emirates prefers to invest in property, an integrated marketing communications firm’s survey showed. According to a New Perspective …
Committed to safeguard global financial system: UAE embassies
The United Arab Emirates officials have said that the country was committed to protect the integrity of global financial system after the bombshell report on various global …
Committed to safeguard global financial system: UAE embassies
The United Arab Emirates officials have said that the country was committed to protect the integrity of global financial system after the bombshell report on various global …
UAE releases new AI model to compete with big tech
A government research institute in the United Arab Emirates on Monday released a new open source GenAI model, which could rival the ones from big technology companies.
Sea Passenger Lines to Be Launched from Iran’s Qeshm, Kish to Dubai, Oman
The secretary of Iran’s Supreme Council of Free Industrial-Trade and Special Economic Zones said sea passenger lines are planned to be launched from Qeshm and Kish islands to the Sultanate of Oman and Dubai in the United Arab Emirates.