Dubai / Emirates Business The Arabian Gulf Investments Company announced the acquisition of stakes in three strategic companies in Egypt. The acquisition was announced at a signing ceremony organised in Cairo in the presence of Khalifa Saif Al Muhairbi, Chairman of the Board of Directors of the Arabian Gulf Investments Company, and Engineer Abdeen Ibrahim Arida, Chairman of the Board ...

Beijing’s real estate crackdown has sent shudders well beyond the sector. But US President Joe Biden may have China Inc covered. President Xi Jinping’s efforts to rein in property giants has left industrial companies in the lurch. Real estate accounts for a quarter of China’s economy and a big chunk of the global construction business. No one’s going to be ...

The world may be going crazy over digital currencies, but tiny Singapore is swimming against the tide. The central bank has decided against offering a paperless version of the city-state’s legal tender — at least for now. Not because an electronic version of cash may flop, but because it’ll most likely be a hit. That could have consequences for the ...