Two Abu Dhabi lenders have emerged as frontrunners to buy most of Barclays' retail banking operations in the UAE, with a final decision expected next month after a competitive bidding process, banking sources said on Wednesday.
A bidding war is underway for six former Waitrose outlets in Bahrain after the supermarket's regional partner announced it was going into liquidation.
Supa Save Bahrain, which ran the country's Waitrose shops under franchi
A high-level UAE delegation is making last-minute efforts in Paris to win as many votes as possible for Dubai's bid to host the World Expo 2020.
Dubai competes against three other cities - Ekaterinburg, Russia; Izmir, Turkey;
At least seven potential buyers including one from Bahrain, are in the running to bid for a minority holding in Italian fashion house Versace, which plans to sell a 15-20 per cent stake to fund growth, sources said.
BlackBerry, on the block as its smartphone business struggles, is in talks with Cisco Systems, Google and SAP about selling them all or parts of itself, several sources close to the matter said.
Such a deal would be an alternative
The US military has not renewed its contract to buy jet fuel from Emirates National Oil Company (Enoc) in the UAE because other suppliers made cheaper bids, the US Department of Defense said.
Dubai government-owned Enoc was contra
Imdaad, a UAE-based provider of integrated facilities management solutions, has lent its full support for Dubai’s bid to host Expo 2020 given the event’s potential to further accelerate the emirate’s infrastructural development
Five groups led by prominent international consultants have submitted offers for a contract to provide project management consultancy (PMC) services for the Oman National Railway Network (Oman Rail) project, said a report.
Boeing's bid in the 8.3 trillion won ($7.4 billion) tender to supply South Korea with 60 fighter aircraft was the only one below the price ceiling set by the country's arms procurement agency, sources close to the process said on Monday.
Abu Dhabi's Tourism Development and Investment Company (TDIC) has invited pre-qualification bids for the main contract works for the Guggenheim Abu Dhabi Museum.
The museum, with an approximate built-up area of 80,660 sq m in