News

Exclusive: Founder and chairman PNC Menon says the company has no plans for GCC expansion, but is open to possibilities in the US, UK or East Asia Source: Arabian Business Industry News (ITP.NET)

Haramain high-speed rail service, capable of travelling at speeds of more than 300 kilometres per hour, will connect the cities of Makkah and Madinah Source: Arabian Business Industry News (ITP.NET)

The company has also invested in four industrial portfolios worth $206m Source: Arabian Business Industry News (ITP.NET)

Crude earlier this month rose to the highest level in more than three years after US President Donald Trump decided to reimpose sanctions on Iran Source: Arabian Business Industry News (ITP.NET)

Vevo is a joint venture between Abu Dhabi Media, Universal Music Group, Google and Sony Music Entertainment Source: Arabian Business Industry News (ITP.NET)

DXB traffic in April saw a minor contraction in passenger numbers Source: Arabian Business Industry News (ITP.NET)

Almarai’s investment programme will be financed through increasing operating cash flow and debt, including Islamic bonds Source: Arabian Business Industry News (ITP.NET)

NCM officials stressed that the Cyclone Mekunu will not reach the UAE Source: Arabian Business Industry News (ITP.NET)

The first beneficiaries will include the likes of Apple, Google and Tesla, says chairman of Dubai law firm Baker & McKenzie Source: Arabian Business Industry News (ITP.NET)

The project with the Russian Direct Investment Fund and Gazprom Neft is Mubadala Petroleum’s first investment in the Russian oil and gas sector Source: Arabian Business Industry News (ITP.NET)