“We are looking currently at a number of investments in China that will be announced in due course this year and next year,” Nasser said on an earning call Tuesday. He also…
Tag: seeks
Dubai's Lamcy Plaza mall building seeks new owner for Dh199.5m as auction process revives
The property had been non-operational since March 2017, when a fire a broke out and caused extensive damage to some of the floors. Since then, there had been multiple occasions when it…
Saudi Arabia seeks $80 billion investments for tourism push
The government plans to spend some $800 billion on tourism over the next decade as it prepares Saudi Arabia for a post-oil future that includes becoming a major hub for everything from…
Dubai shipping firm Gulf Navigation lines up its third major deal, seeks 100% in subsidiary
The buyout – value of which has not been revealed – was done to raise Gulf Navigation’s future revenues through ‘expanding the scope of agency business’ and focus on a ‘portfolio of…