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- Dubai Financial Market index shoots past 6000 mark in new 17-year high
- Gold price drops Dh5 in UAE: Shoppers see bigger declines in the coming days
- Saudi Arabia's retail real estate growth prospects strong: S&P Global
- Closing Bell: Saudi bourses end week in red at 11,007
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- QSE index closes lower
- Hamad Port handles 133,112 TEUs container volumes, RORO sees 48% increase in June
- Bahrain All Share Index marks 1,946.83 points
- Youth-led businesses in Saudi Arabia account for over a third of all commercial registrations
08/07/2025 06:52 AST
Dubai Investments has announced that it has promoted Mushtaq Masood to the post of Chief Operating Officer (COO). Masood was till now the Group Chief Financial Officer (CFO).
As COO, he will be responsible for leading the group's operational strategy, enhancing efficiencies, aligning cross-functional initiatives, overseeing mergers and acquisitions and driving sustainable value creation.
Mushtaq has been with Dubai Investments since 2008, during which time he streamlined treasury operations, managed funding requirements and structured key financing arrangements, said a statement from Dubai Investments.
He also led various acquisition and divestment initiatives across the group, delivering value to the stakeholders, it stated.
Concurrently, Nishant Shah will step into the role of Acting Chief Financial Officer (CFO), having previously served as Finance Director for Dubai Investments since 2019, bringing continuity to the Group's finance function.
He will be responsible for financial reporting and will oversee treasury and investment activities, said the statement.
Nishant's appointment acknowledges his role in driving excellence in financial reporting and implementing internal controls across the function, it added.
Trade Arabia
25/03/2018
DUBAI Investments PJSC, the leading diversified investment company listed on the Dubai Financial Market, has announced plans to lead a consortium of investors to launch Arkan Bank, a wholesale Islami
Saudi Gazette
21/03/2018
The new Islamic bank being set up by a group of investors led by Dubai Investments could raise up to $100 million within the first 12 months after its listing on Nasdaq Dubai, according to a senior o
Reuters
21/03/2018
Dubai Investments has announced plans to lead a consortium of investors to launch Arkan Bank, a wholesale Islamic financial institution with an initial paid-up capital of $100 million.
The
Trade Arabia
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17/07/2025
In a strategic move that sets a regional benchmark, Oman Cables Industry (OCI), has secured Environmental Product Declarations (EPDs) for its key cable families reinforcing its position as a regional
Times of Oman
17/07/2025
Emirates NBD has concluded AED3.9 billion ($1.06 billion) Syndicated Bonding Facilities to a consortium created by MAPA, LIMAK and CRRC that will deliver the new Dubai Metro 'Blue Line' Project.
Trade Arabia
17/07/2025
Adnoc announced on Wednesday its intention to transfer its 24.9 per cent shareholding in OMV AG to XRG, its wholly-owned international investment company.
This transfer, which is subject to
Khaleej Times
16/07/2025
In line with its commitment to enabling strategic partnerships that support sustainable business growth, Sohar International has signed a consolidated loan agreement with Liva Group, a leading multi
Muscat Daily
16/07/2025
Reflecting its commitment to enriching the banking experience of its customers by providing exclusive offers and special rewards, National Bank of Kuwait announced the joining of Abyat, a leading com
Kuwait Times
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