Companies in the GCC are expanding in Saudi Arabia to tap the massive opportunities being created by $3 trillion worth of foreign investment entering the kingdom as part of the Saudi Vision 2030, by either setting up a totally new business license or opening up a branch, as the country undergoes massive development works. As […]
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Dubai’s listed developer Union Properties PJSC, on Friday, announced a breakthrough in its ‘legacy debt’ restructuring challenges by entering into a settlements with EmiratesNBD and Dubailand for Dh1.25 billion. Under the agreement with Dubai’s biggest bank, Union Properties will pay a settlement amount of Dh850 million to Emirates NBD in installments within nine months of
The UAE thwarted cyberattacks carried out by terrorist organisations that targeted a number of vital and strategic sectors in the country, as confirmed by the UAE Cyber Security Council. The council said that cyber emergency systems had been activated nationwide in cooperation with all relevant authorities. These systems were able to professionally and efficiently repel
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