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Norway to add $17bn in property investments

Bloomberg Norway will let its sovereign wealth fund raise real estate holdings by about $17 billion, while rejecting a proposal to expand into infrastructure projects. The upper limit on real estate investments for the $850 billion fund, the world’s biggest, should be raised to 7 percent from 5 percent, the Finance Ministry said on Tuesday. The real estate assets will ...

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UAE retailers go full steam ahead with expansion

RITIKA SHARMA / Emirates Business If you think of socialising in UAE, a nearby mall would be the first option to come to your mind. Malls are not just places of shopping in UAE, they are rather the lifeline of the country and imagining a life without access to malls is nearly impossible. Over the years, many factors have led ...

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Top CEO Conference 2016 draws to a spectacular close

Dubai / Emirates Business Under the patronage of the Dubai Economic Council, the first edition of the Top CEO Conference drew to a spectacular close at the Westin Mina Seyahi, Dubai, on Tuesday. The first instalment of the event was organised by TRENDS magazine and leading international business school INSEAD. The conference was an open discussion between thought leaders, executives ...

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