DUBAI / WAM His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Chairman of The Executive Council of Dubai and General Supervisor of the Dubai: Capital of Islamic Economy Initiative, said that as the global hub of the Islamic Economy, Dubai is well placed to lead the sector’s contributions to revitalising the regional and international ...

Bloomberg Saudi Aramco began executing the acquisition of a 70% stake in Saudi Basic Industries Corp. through block trades worth 259 billion riyals ($69 billion) on Sunday. A total of 2.1 billion Sabic shares changed hands on the Saudi exchange in four transactions as the oil company moves ahead with the purchase from the kingdom’s Public Investment Fund (PIF). Aramco ...

Dubai / WAM Dubai Airport Freezone Authority (Dafza), has signed a Memorandum of Understanding (MoU) with the Arab-Brazilian Chamber of Commerce (CCAB) to on board the Chamber as a Halal Trade and Marketing Centre (HTMC) service partner, during a webinar held by CCAB. The MoU signing ceremony was attended by Ms Amna Lootah, Dafza’s Assistant Director-General, and Rubens Hannun, CCAB ...