Recent Posts

Noor Bank, Jumeirah ink strategic partnership deal

DUBAI / WAM Noor Bank and the Jumeirah Group on Tuesday announced a comprehensive partnership to launch a suite of premium rewards available to Noor Bank customers. As part of the roll-out, select retail banking clients will receive complimentary Jumeirah Sirius memberships that allow them to enjoy a range of exclusive experiences and privileges across Jumeirah’s extensive portfolio of luxury ...

Read More »

IMF cuts forecast for global growth as trade war takes toll

Bloomberg The International Monetary Fund (IMF) said the world economy is plateauing as the lender cut its growth forecast for the first time in more than two years, blaming escalating trade tensions and stresses in emerging markets. On the eve of its annual meetings in Bali, Indonesia, the fund on Tuesday projected a global expansion of 3.7 percent this year ...

Read More »

Nakheel awards $6mn contract for PALM360 works

DUBAI / WAM Master developer Nakheel awarded a contract worth more than EUR5.6 million (AED23.7 million) ($6.45 million) for piling work at its 260-metre PALM360 luxury hotel and residential project on Dubai’s world-famous Palm Jumeirah. The company has named the Dubai branch of BAUER Spezialtiefbau GmbH, headquartered in Germany, for the work, which will take four months to complete. The ...

Read More »
Send this to a friend