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Global M&A sector to top $3trn in ’18

Abu Dhabi / Emirates Business The easing of key economic and political risks and the emergence of positive macroeconomic deal drivers will accelerate global deal activity in 2018, reveals the third edition of the Global Transactions Forecast issued by Baker McKenzie. Baker McKenzie’s global head of M&A, Michael DeFranco, said, “2017 played out as we predicted and there have been ...

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‘Marinas’ to harbour 5,000 yachts, boats

DUBAI / WAM HH Sheikh Mansour bin Mohammed bin Rashid Al Maktoum inaugurated on Monday the new “Marinas” at the Mina Rashid Marina, which will harbour 5,000 yachts and boats and will accommodate 20,000 in the next few years. It is expected to be a new world-class touristic maritime and entertainment attraction. The project, carried out by P&O, part of ...

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Brazilian exports to Arab nations increase 22.31% to $11.43 billion

ABU DHABI / Emirates Business Brazil’s total exports rose 19.85 percent from $153.07 billion in 2016 to $183.46 billion from January to October 2017, according to the Arab-Brazilian Chamber of Commerce (ABCC). Of this total, 6.23 percent corresponded to Arab countries, which together accounted for $11.43 billion to surpass the previous year’s $9.34 billion by 22.31 percent. The hike in ...

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