Business & Economy
Investcorp exits RESA Power in sale to Kohlberg, marking first exit for North American PE Fund
Investcorp, a leading global alternative investment firm, announced the sale of its investment in RESA Power (RESA), the…
Category: Technology & AI
AI, fintech, cloud, data centres and digital sovereignty.
UAE News
Emirates and Air China boost partnership as UAE carrier to offer 49 weekly flights to mainland
Emirates and Air China are strengthening a long-term partnership to offer customers enhanced frequent flyer benefits and easier…
Middle East
Asia-based criminal network cons Thai woman in US out of $300,000
Wannapa Suprasert received a call from scammers who drew her into an elaborate false narrative involving identity theft,…
Middle East
Haiti: Massive surge in child armed group recruitment, warns UNICEF
UNICEF’s representative in Haiti, Geetanjali Narayan, told journalists that just last month, armed groups destroyed 47 schools in…
Government & Policy
Saudi banks to remain resilient despite rise in external debt, says S&P
Global ratings agency S&P believes that increasing external debt by banks in Saudi Arabia to maintain rapid lending…
UAE News
Dubai unveils major Al Wasl Road upgrade: 15km development to cut travel times in half and boost capacity
The Roads and Transport Authority (RTA) has announced an integrated project to upgrade Al Wasl Road. The initiative…
Middle East
Europe grapples with highest number of measles cases in more than 25 years
“Measles is back, and it’s a wake-up call,” warned Dr. Hans Kluge, the World Health Organization (WHO) regional…
Business & Economy
Dubai Aerospace Enterprise signs $300mn unsecured term loan
The deal was made with Bank of China (Dubai) Branch, Bank of China Limited, London Branch, and Bank…
UAE News
Dubai Crown Prince Sheikh Hamdan visits world’s largest diamond tender facility
Sheikh Hamdan’s visit occurred at the same time as a defining moment for the UAE’s diamond industry, as DMCC…
Middle East
Sudan: UN rights chief appeals for greater protection of civilians in besieged El Fasher
“The horror unfolding in Sudan knows no bounds,” Volker Türk said in a statement calling for an end…