UAE capital is moving from trophy hotels to overseas destination plays
Analysts say UAE investors are balancing stable European assets with higher-growth plays like Ras El Hekma, but operational risk remains…
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Analysts say UAE investors are balancing stable European assets with higher-growth plays like Ras El Hekma, but operational risk remains…
Mubadala has now locked in commitments from shareholders representing 80.13% of the company’s outstanding share capital
The latest approval comes as the UAE continues its push to develop AED-backed stablecoins
Mubadala invested in Koho’s Series E round, which valued it at CAD 1.33 bn
Dining rooms are quieter, delivery orders are rising, and UAE restaurants are being squeezed between weaker tourism and rising logistics…
Some hotels in Dubai are shutting up shop for renovations, some for good
The acquisition is said to be valued at north of GBP 1 bn
Abu Dhabi giants are still writing checks
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