by Vasu Jit Kalia | September 6, 2024 | Energy
With the global economy going through turmoil, which has resulted in a nine-month low in crude prices, OPEC+ has agreed to postpone the planned oil production increases for October and November, the group announced on Thursday. They also indicated the possibility of...
by Jennifer George | September 6, 2024 | Industry, News, Retail
Primark is set to make its Middle Eastern debut in partnership with Alshaya Group, a leading retail franchise operator in the region. On 5th September, the Kuwaiti retail operator announced a “strategic partnership with Primark” to explore opportunities to...
by Vasu Jit Kalia | September 6, 2024 | Real Estate
Dubai Real Estate gets another marvel of engineering and construction. One of the leading real estate developers, Azizi Developments, has revealed the height of Burj Azizi, which is located on a prime plot of land on Dubai’s Sheikh Zayed Road. Once completed, it...
by Vasu Jit Kalia | September 5, 2024 | Real Estate
The property rentals across Dubai have seen a hike, and this applies to the properties in Dubai South as well. The tenants who had been living in the sprawling mixed-use development for some time have certainly been feeling the pinch now, with lease contracts getting...
by Vasu Jit Kalia | September 5, 2024 | Automotive, Industry
Saudi Aramco is set to retain its 10% stake in the joint venture between Renault and Geely, underscoring its commitment to expanding partnerships in the automotive sector. The move signifies Aramco’s strategic focus on strengthening its position within the evolving...
by Vasu Jit Kalia | September 5, 2024 | Real Estate
Dubai-based property developer Binghatti has announced the opening of Binghatti Royale, a new residential complex in Jumeirah Village Circle (JVC) that will cost $600 million (AED 2.2 billion) and is slated to be completed in the first half of 2025. Increased investor...