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- Mawani adds new shipping service to link Jeddah to global ports
- Kuwait plans nearly $6bn spend on infrastructure in 2025-26
- AI will serve as foundation of Dubai's future: Crown Prince
- Indian rupee rises against UAE dirham as US dollar remains under pressure
- Dubai inflation cools on softer transport and food costs
- RAKBank profits rise 22.7% in first quarter of 2025
- Closing Bell: Saudi indices end day in the red
- Adnoc Drilling secures $1.63b contract from Adnoc Offshore
- Dubai inflation eases to 2.79% in March as housing, transport costs moderate
- Aramco, China's BYD collaborate on new energy vehicle technologies
19/03/2018 05:48 AST
Dubai Investments has announced that its private equity subsidiary Masharie LLC has divested its 50 per cent stake in Dubai International Driving Centre, Drive Dubai, for Dh35 million.
The stake sale generated an internal rate of return (IRR) of 21 per cent. Masharie was one of the founding partners of Drive Dubai in December 2012. Drive Dubai operates an 850,000 square feet, state-of-the-art training facility in Dubai Investments Park (DIP) in partnership with Belhasa International Group of Companies and Saif Belhasa Group.
Gulf News
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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22/04/2025
RAKBank's total assets increased by Dh12.2 billion, reflecting a growth of 15.5 per cent compared to the first quarter of 2024.
The National Bank of Ras Al Khaimah (RAKBank) on Monday annou
Khaleej Times
21/04/2025
Adnoc Drilling, the UAE's leading drilling services provider, has clinched a $1.63 billion, five-year contract from Adnoc Offshore to deliver integrated drilling services (IDS).
Announced on
Khaleej Times
21/04/2025
Saudi energy major Aramco and Chinese electric vehicle manufacturer BYD have signed a joint development agreement to explore advancements in new energy vehicle technologies.
The partnership
Arab News
21/04/2025
As part of its ongoing transformation journey, AlRayan Bank has officially launched the first-of-its-kind standalone Self-Service Digital Zone (ALRAYAN GO Kiosk) in the State of Qatar. This innovativ
The Peninsula
21/04/2025
QIIB has announced the names of 15 winners of the March 2025 'Joud' savings account prize draw, which included five quarterly winners-each receiving a prize of QR50,000-and 10 monthly winners, who we
The Peninsula
Financial Information Co.
P.O. Box 69410, Jeddah 11547, Saudi Arabia