Dubai / Emirates Business Emirates REIT (CEIC) Limited on Thursday announced its results for the year ended December 31, 2015. Emirates REIT delivered a strong financial and operating performance during 2015, consolidating its position as a leader in the UAE property asset management industry. By year end, the net asset value of the REIT stood at $469.6mn, an increase of …

Shanghai / Afp A Chinese firm has splashed out $6 billion for a US tech firm that distributes products for Apple and Microsoft, the latest eye-popping acquisition by a Chinese company seeking greater profits abroad as the economy slows down at home. HNA will pay the enormous figure for Ingram Micro, a company statement said Wednesday, making it among the …

Dubai / Emirates Business The inaugural Commonwealth of Independent States Global Business Forum (CIS GBF 2016) concluded in Dubai with the overarching recommendation of embracing the UAE model of economic diversification to prepare CIS for the post-oil era and to strengthen their economic competitiveness. Organised under the patronage of HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime …