Dubai Islamic Bank said to issue $750m sukuk soon
UAE’s largest sharia-compliant bank this week reported a 26% rise in Q4 net profit Source: Arabian Business Industry News (ITP.NET)
Michael Heinz
CFO said to quit Prince Alwaleed's investment vehicle
Sources say Mohamed Fahmy will leave Saudi-based Kingdom Holding at the end of February Source: Arabian Business Industry News (ITP.NET)
Sharjah Int'l re-opens Duty Free area after major revamp
Renovation project is part of Sharjah International Airport’s efforts to improve services for passengers Source: Arabian Business Industry News (ITP.NET)
Saudi Arabia issues tender to build 60 new schools
Private companies sought as part of economic reforms designed to ease pressure on the state’s finances Source: Arabian Business Industry News (ITP.NET)
Dubai hotel giant Jumeirah appoints new CEO
Jose Silva has previously worked for Four Seasons Hotels & Resorts for almost 25 years Source: Arabian Business Industry News (ITP.NET)
Jeddah Tower developers award $165m infrastructure contract
Al-Fouzan Trading & General Construction Company wins deal on project to build world’s tallest tower Source: Arabian Business Industry News (ITP.NET)
UAE's ADNOC says to expand use of carbon capture technology
Volume of the greenhouse gas locked away underground will be equivalent to more than 1m vehicles each day Source: Arabian Business Industry News (ITP.NET)
Dubai ruler launches first unfenced desert conservation reserve
Marmoom Reserve spans 10% of Dubai’s total area; will host 20 annual sporting events by 2030 Source: Arabian Business Industry News (ITP.NET)
Saudi's ACWA in running for Moroccan solar power project
Morocco plans to award contracts for 800MW plant by the end of this year Source: Arabian Business Industry News (ITP.NET)
Spinneys to introduce 'farm to fork' food traceability
New labels will allow customers to discover information on a product’s farmer and watch videos on the growing process Source: Arabian Business Industry News (ITP.NET)