Business MENA Edition

Dubai-based Emaar launches sale of 4th phase of Expo Golf Villas

real estate Dubai-based Emaar launches sale of 4th phase of Expo Golf Villas

Emaar Hospitality to open five new hotels in Dubai this year

hospitality Emaar Hospitality to open five new hotels in Dubai this year

Saudi Arabia agrees to set up venture capital funds worth $400mln -Al Arabiya

investment Saudi Arabia agrees to set up venture capital funds worth $400mln -Al Arabiya

Latest News

Ford Motor puts $500mln into electric pickup producer Rivian

Like Tesla, Plymouth, Michigan-based Rivian has drawn enthusiastic reviews from the motoring press for its trucks

financial services

Goldman Sachs in talks to buy restructured Turkish loans -sources

Goldman Sachs is in talks with Turkish banks and companies to buy large distressed loan

Tesla rival Rivian says Ford Motor invests $500mln in firm

Ford and Rivian will jointly develop a battery electric vehicle using Rivian's platform

Norway swings to importing power as domestic output falls short

Norway saw its domestic production falling by nearly a fifth to 37.7 terawatt hours (TWh) in the quarter, short of its 39.8 TWh needs.

Thailand says "making progress" with high-speed Thai-Chinese railway

The Thai project is part of China's plan for a network of links across Southeast Asia

financial services

Berlin declines comment on possible Deutsche/Commerzbank merger update

Update on Deutsche Bank-Commerzbank merger talks by Friday at latest: sources

Real Estate

Dubai-based Emaar launches sale of 4th phase of Expo Golf Villas

real estate Dubai-based Emaar launches sale of 4th phase of Expo Golf Villas

Emaar Hospitality to open five new hotels in Dubai this year

hospitality Emaar Hospitality to open five new hotels in Dubai this year

Real estate, construction sectors 'pillars of Bahrain economy'

Dubai Investments releases of 279 affordable homes

islamic finance

Saudi Real Estate Refinance Co plans up to $1.07bln sukuk sale this year -CEO

Construction

Emaar Hospitality to open five new hotels in Dubai this year

hospitality Emaar Hospitality to open five new hotels in Dubai this year

Egypt to turn to private sector to restore historic buildings

construction Egypt to turn to private sector to restore historic buildings

Thailand says "making progress" with high-speed Thai-Chinese railway

Sharjah Ruler opens mosque built at cost of $5.4mln

UAE’s largest sewage plant built by L&T inaugurated

Energy

U.K. asset manager Standard Life Aberdeen bought $100mln of Aramco bond- chairman

bonds U.K. asset manager Standard Life Aberdeen bought $100mln of Aramco bond- chairman

Iraq agrees deal with China's CPECC to process gas from giant oilfield

oil and gas Iraq agrees deal with China's CPECC to process gas from giant oilfield

Russia's Novatek launches Vysotsk LNG plant, wants to boost capacity

Iran's Zarif warns U.S. of 'consequences' over oil sanctions, Strait of Hormuz

Russian oil flow contamination roils Europe's refiners

Financial Services

U.K. asset manager Standard Life Aberdeen bought $100mln of Aramco bond- chairman

bonds U.K. asset manager Standard Life Aberdeen bought $100mln of Aramco bond- chairman

Saudi Arabia's economy to grow at least 2% in 2019- c. bank governor

economy Saudi Arabia's economy to grow at least 2% in 2019- c. bank governor

financial services

Goldman Sachs in talks to buy restructured Turkish loans -sources

National Commercial Bank reports healthy earnings growth, analyst says

Saudi Arabia agrees to set up venture capital funds worth $400mln -Al Arabiya

Islamic Finance

Saudi's Al Rajhi Bank Q1 net profit rises 21%

islamic finance Saudi's Al Rajhi Bank Q1 net profit rises 21%

Saudi's National Commercial Bank says Q1 profit rises 5.7%

financial services Saudi's National Commercial Bank says Q1 profit rises 5.7%

islamic finance

Saudi Real Estate Refinance Co plans up to $1.07bln sukuk sale this year -CEO

financial services

Dubai Islamic Bank's potential Noor Bank purchase makes economic sense, analyst says

islamic finance

Dubai Islamic Bank board backs examining possible deal for Noor Bank

Technology

Mena sees rise in online payments for travel

digital Mena sees rise in online payments for travel

Honeywell launches new Innovation Centre at Abu Dhabi's Masdar City

technology Honeywell launches new Innovation Centre at Abu Dhabi's Masdar City

U.S. compliance startup Chainalysis expands tracking service to 10 cryptocurrencies

Twitter unveils new tool against EU elections meddlers

Drones to deliver vaccines, blood and drugs across Ghana

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Opinion

Lukman Otunuga

Opinion - Lukman Otunuga

Is the dollar running on borrowed time?

The IMF's recent cut to its forecast of growth in the U.S. economy is just one of a number of issues that could weaken sentiment against the dollar

Lukman Otunuga

Opinion - Lukman Otunuga

Trump administration proposes new tariffs on European goods

Markets cautious over fears of U.S. extending trade dispute to European Union

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