The precious metal has climbed approximately 12% this year
business2 hours ago
“We will be looking at the overall strategy and privatisation plan for Dubai,” said Saad Abdul Razak, managing director of Investment Corporation of Dubai, which owns companies such as Emirates airline and Borse Dubai.
Abdul Razak, who stepped down last month as chief executive officer of Dubai Islamic Bank, likened Investment Corporation of Dubai to Singapore’s state-run Temasek Holdings and the $650 billion Abu Dhabi Investment Authority, the world’s largest sovereign wealth fund.
“You need to have one consolidated investment arm,” Abdul Razak told Reuters on the sidelines of a bankers’ meeting in the Gulf Arab emirate. “We are open to all markets, and we will invest in the U.S., Europe and Asia,” he said, declining to be more specific.
The precious metal has climbed approximately 12% this year
business2 hours ago
Since last month, many residents have resorted to expensive alternatives like taxis, while others endure significantly longer travel times
uae2 hours ago
In authorised school buses, drivers and nannies are trained to conduct thorough checks of the bus before locking and leaving it
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Bitcoin’s scarcity remains a key driver of its value, attracting long-term investors
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Plant is set to be the first LNG export facility in the Middle East and Africa
energy3 hours ago
The trial, the first-of-its-kind in the region, involved a small-sized drone, which can carry two passengers for up to 35km
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The company generated revenues of $840 million
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UAE's digital strategies help boost innovation, official says
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