DUBAI Careem, Uber's main [UBER.UL] ride-hailing app rival in the Middle East, is in early talks to raise as much as $500 million in new funds from investors, sources told Reuters.
DUBAI The United Arab Emirates will have to do more to address the European Union's concerns about tax transparency if it is to be removed from a tax-haven blacklist, the EU's ambassador to the UAE said on Wednesday.
DUBAI Dubai's Majid Al Futtaim, the Middle East operator of French retailer Carrefour SA, is hiring 200 people as it rolls out an ambitious strategy to expand its digital and e-commerce operations, its chief executive told Reuters.
DUBAI The real estate development business of Emaar Properties , which is being listed in an initial public offering (IPO) in Dubai, is expected to be valued at 24 billion dirhams ($6.5 bln), two people familiar with the deal said.
DUBAI, Oct 2 The real estate development
business of Emaar Properties, which is being listed in
Dubai, is expected to be valued at 24 billion dirhams ($6.5
bln), two people familiar with the deal said.
FUJAIRAH, United Arab Emirates OPEC and other oil producers are discussing several options for their supply-cut pact, including an extension and a further cut, but it is premature to decide on what to do beyond March, when the agreement expires, Iraq's oil minister said on Tuesday.
DUQM, Oman, In the remote desert along Oman's southern coast, construction machines hired by a Chinese consortium are leveling an expanse of pale orange sand - a first step toward billions of dollars of investment. | Video
DUBAI, April 26 Industrial and Commercial Bank
of China has cleared more than 590 billion yuan ($86
billion) in transactions in Qatar in the nearly two years since
it opened its clearing centre in the Gulf state, an executive
ABU DHABI Global oil prices will witness "much more volatility" in 2017 even though markets may rebalance in the first half of the year if output cuts pledged by producers are implemented, the head of the International Energy Agency (IEA) said on Sunday.
DUBAI, Aug 11 Industrial and Commercial Bank of
China (ICBC) aims to issue a U.S.
dollar-denominated, benchmark-sized bond through its Dubai
office before the end of the year if market conditions permit, a
senior executive at the bank said.