In July 2016, Anchor has acquired a new which is a rail-loading and warehousing storage facility. With this purchase, Anchor can …
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New Delhi: A string of successful bets on ports, mining and commodities helped transform Gautam Adani from a nondescript diamond trader into a tycoon with a net worth of almost $10 billion (Dh36.7 billion). Now the Indian businessman is setting his sights on what he believes could become another big moneymaker: Selling data storage services […]
Business News
Daring to dream: Meet Dubai businessmen who are not afraid to change tracks when opportunity knocks
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Dubai: Vijay Samyani bought a majority stake in a nightclub in Dubai. He is now negotiating a deal to acquire a second one in the city. All this in the last four months. For the owner of Concept Brands Group (CBG), it doesn’t matter that he has no prior experience in the business of running a […]
Dubai: GEMS Education, the world’s largest provider of private K-12 education by revenue, is to sell a near 30 per cent stake to a cosortium. The company has also launched a refinancing programme (expected to include loans and bonds), details of which will be announced later. Both transactions are anticipated to close by the end […]
Former world cruiserweight boxing champion Denis Lebedev retired on Thursday aged 39 after a lengthy and colorful More…
The visa benefits the investors and their families.
The Ministry of Finance, MoF, revealed on Thursday that over 1,500 federal government services fees will either be More…
After going more than 1½ years without playing each other anywhere, Roger Federer and Rafael Nadal will be meeting at a More…
An industrial dump site in Siberia whose turquoise lake resembles a tropical paradise has become a magnet for More…
The accident took place as a result of poor overtaking.