ABU DHABI / WAM Dubai Customs announced the launch of its new e-statistics system, which has been developed in-house to keep abreast with the technological advancements in the UAE towards embracing the Fourth Industrial Revolution. Ahmed Mahboob Musabih, Director-General of Dubai Customs, kicked off the e-statistics system, at a launch ceremony held at the Dubai Customs headquarters in the presence ...

Bloomberg Amlak Finance PJSC is nearing a deal to restructure debt for a second time, according to two people with knowledge of the plan. The company is asking creditors to reschedule repayments on $1.2 billion of loans over the originally agreed period that ends in 2026, said the people, asking not to be identified because the information is private. Most ...

Abu Dhabi / Emirates Business The value of announced M&A transactions in the Middle East and North Africa (Mena) reached an all-time high of $112 billion in the first half of 2019, according to a report from financial data provider Refinitiv. The increase of 231 percent compared to the value recorded during 2018, was driven by Saudi Aramco’s $69.1 billion ...