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Emaar to Boost Investments in Egypt by $7 Billion

17 февраля, 2025-

Emaar Properties, Dubai’s largest publicly listed developer by market capitalization, plans to increase its investments in Egypt to $25 billion over the next three years, up from its current commitment of $18 billion. This expansion reflects the company’s growing confidence in the Egyptian real estate market,…

Adnoc Drilling Plans Further Acquisitions in US and Europe

16 февраля, 2025-

Adnoc Drilling is set to ramp up its investment efforts in the US and Europe in 2025, with a focus on expanding its oilfield services capabilities. The Abu Dhabi-listed company plans to allocate $700 million of its $1 billion investment budget for acquisitions, specifically targeting technology-related…

Dubai Restaurants Face Rising Costs as Alcohol Prices Climb

16 февраля, 2025-

The cost of dining out in Dubai is increasing, particularly when it comes to alcoholic beverages, with the city now ranked as the third-most expensive globally for a half-litre of draught beer, averaging $10.89, according to a survey by Numbeo. Qatar and Oman top the list,…

Oman Secures $100 Million Loan to Connect to GCC Power Grid

14 февраля, 2025-

Oman has secured a $100 million loan agreement from the Qatar Development Fund to help finance its connection to the Gulf Cooperation Council (GCC) power grid. The project, estimated to cost over $700 million, will involve constructing two 400 kilovolt (kV) overhead transmission lines linking the…

Baykar Warns Against Fake Investment Scams

13 февраля, 2025-

Baykar, one of Turkey’s leading defense industry companies, has recently issued a public warning about an increase in fake investment offers. The company highlighted the need for caution regarding investment frauds that use the Baykar name on social media platforms and websites. How Do Fake Investments…

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