Business Blog

UAE's Yahsat ties up with global manufacturing experts for Al Yah 3 satellite

Yahsat, the UAE-based satellite operator, announced the manufacturing and launch partners for its third satellite, Al Yah 3, set to be launched in Q4 2016.

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GLOBAL MARKETS-Shares fall, yields rise as Fed, Scotland dominate

* Shares slide on strengthened bets on early U.S. rate hike* Too-close-to-call Scottish independence vote unnerves markets* Santander&aposs Emilio Botin dies, bank&aposs shares lag market* Euphoria over new Apple products short-livedBy Jamie McGeeverLONDON, Sept 10 (Reuters) - Global shares fell on Wednesday as markets strengthened bets on an early U.S. rate hike while persistent concerns over Sco
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Mandarin Oriental’s Dubai luxury resort due in 2017

Mandarin Oriental Hotel Group plans to open its first property in the UAE in Dubai, according to a top group executive.

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Mandarin Oriental’s Dubai luxury resort due in 2017

Mandarin Oriental Hotel Group plans to open its first property in the UAE in Dubai, according to a top group executive.

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Kuwait's Al-Tijari Real Estate to invest in UK's Ashbourne Beech Property

Al-Tijaria Real Estate Co said the company entered, in alliance with investors, a new investment to acquire majority stake in Ashbourne Beech Property Limited BVI.

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Saudi's Itqan Capital to boost Islamic finance business

Saudi-based Itqan Capital plans to expand its investment and advisory activities in the kingdom after it received regulatory approval to boost its capital, its chief executive told Reuters.

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