Dubai / WAM Brand Dubai, the creative arm of the Government of Dubai Media Office (GDMO), will showcase four promising homegrown entrepreneurial ventures from Dubai as part of its ‘Proudly from Dubai’ initiative at the ChangeNOW Summit to be held in Paris from September 28-29. An initiative that aims to support entrepreneurs and businesses from the emirate, ‘Proudly from Dubai’ ...

Bloomberg Deep-sea oil drillers are once again riding the wave of investor enthusiasm that next year will be better for profits. But this time there seems to be a bigger chance it will actually happen, according to analysts at Credit Suisse Group AG and Morgan Stanley. Some of the world’s biggest owners of rigs that drill oil wells in more ...

Bloomberg Oman’s Renaissance Services SAOG, a service provider to the oil and gas industry, is considering an initial public offering for its Topaz Energy & Marine unit, according to people familiar with the matter. Renaissance, which has a market capitalisation of about $379 million, could seek a valuation of about $1.5 billion for the Dubai-based business, the people said. Goldman ...