A scenic view of the Address Dubai Marina by Emaar Hospitality Group.
Didi Chuxing signed a strategic agreement with Symphony Investment and other leading investment institutions in the Middle East to establish an innovative industry partnership across the Mena region and China.
The fourth Annual General Meeting (AGM) of Emaar Malls, approved the distribution of Dhs1.301 billion ($354 million) dividend, representing 10 per cent of the share capital being 10 fils per share, to the shareholders.
Emaar Hospitality Group, the hospitality and leisure business of Emaar Properties PJSC, has partnered with Claviger, the region’s leading sales representation group, to promote the sales of hotel rooms across the GCC region.
Emaar Properties achieved one of the highest quarterly property sales in Dubai during the first quarter (January to March) of 2019 recording an increase of 53 per cent to Dhs 5.979 billion (US$ 1.628 billion) compared to the Q1 2018 sales of Dhs 3.906 billion (US$ 1.063 billion).
Nissan Motor Co outlined a new plan on Thursday to become a smaller, more cost-efficient carmaker after the coronavirus pandemic exacerbated a slide in profitability that culminated in its first annual loss in 11 years.
As demand disruption and supply chain issues will severely impact revenue growth in the consumer businesses, it is likely to create investment opportunities for private equity (PE) firms, according to a Crisil report.
DP World has announced the completion of the early stages of the integration with TradeLens, a blockchain-based digital container logistics platform, jointly developed by A.P. Moller - Maersk and IBM.