Proposed Damac delisting would be 'credit neutral', says S&P
Ratings agency says proposed change in financial policy of the residential real estate developer will have little impact Source: Arabian Business Industry News (ITP.NET)
Uncategorized
Hub71 and ADIO ink partnership to support early stage start-ups
The start-up incubator Hub71 has signed over 100 start-ups to its program, and it has raised more than $50 million in capital since its 2019 launch Source: Arabian Business Industry News (ITP.NET)
Jazeera set to launch Heathrow flights despite Kuwait's amber list status
Airline to become the first low-cost carrier in the Middle East to operate direct flights to London Heathrow Source: Arabian Business Industry News (ITP.NET)
Emirates NBD hails $750m bond listing amid UAE economic recovery
Bank says issuance was 2.3 times oversubscribed with a strong demand from the Middle East region Source: Arabian Business Industry News (ITP.NET)
Middle East airlines see 82.8% slump in passenger demand in April
IATA lays bare the ongoing struggles of Middle East airlines to cope with the impact of the global coronavirus pandemic Source: Arabian Business Industry News (ITP.NET)
Tristar confirms withdrawal from planned IPO in Dubai
Logistics firm Tristar Transport says board and shareholders believe greater returns can be realised without IPO Source: Arabian Business Industry News (ITP.NET)
Oman joins Gulf neighbours as it implements 5% VAT
Sultanate follows Saudi Arabia, the UAE and Bahrain as it looks to boost government revenues after taking big pandemic hit Source: Arabian Business Industry News (ITP.NET)
Dubai's rent freeze draft law will add stability to market, say experts
New law has the potential to provide landlords with more clarity on future income and, in turn, support investor confidence Source: Arabian Business Industry News (ITP.NET)
Why Bitcoin will be the Amazon of the next decade
For those still doubting the potential of cryptocurrency, the lessons of the last internet boom ought to serve as a reminder Source: Arabian Business Industry News (ITP.NET)
Dubai's proposed three-year rent freeze draft law explained
Taronish Mistry, BSA Ahmad Bin Hezeem & Associates LLC explains how the new legislation will impact the emirate Source: Arabian Business Industry News (ITP.NET)