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Tag: United Arab Emirates

Posted on May 19, 2024

Malaysia’s EPF, Khazanah-led group to take Malaysia Airports private in 12 billion ringgit deal

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).
Posted on May 19, 2024

Malaysia’s EPF, Khazanah-led group to take Malaysia Airports private in 12 billion ringgit deal

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).
Posted on May 19, 2024

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 …
Posted on May 19, 2024

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 …
Posted on May 18, 2024

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 …
Posted on May 17, 2024

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.

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Posted on May 15, 2024

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 …

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Posted on May 14, 2024

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 …
Posted on May 14, 2024

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 …
Posted on May 14, 2024

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.

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