Drake & Scull: We are focused on obtaining court approval to be able to restructure

Dubai – Mubasher: Shafeeq Abdel Hamid, Chairman of the Board of Directors, said: “Drake and Scull“The company is currently focusing on obtaining the approval of the competent court to be able to implement the restructuring plan. He pointed out that the court decided to appoint an expert to review the validity of the measures taken … Read more

International Holding completes the “Adani” group deal worth 7.3 billion dirhams

Abu Dhabi – Mubasher: Global Holding Company announced today the completion of an investment deal worth 7.3 billion dirhams ($2 billion) in the portfolio of the Adani group of companies, which is “Adani Green Energy Limited”, “Adani Transmission Limited” and “Adani Enterprise Limited”. The global holding company will provide capital to Adani Green Energy Limited, … Read more

Aldar Properties: We look forward to increasing investment in Egypt

Abu Dhabi – Mubasher: Talal Al Dhiyebi, CEO of Aldar Real Estate Group, announced that the company achieved very strong results in terms of revenues and profits in the first profit of 2022, which witnessed the addition of the results of the Egyptian “SODIC” after its acquisition last year. In an interview with Al Arabiya, … Read more

Entrepreneur Majid Al-Baqami explains how he transformed his project from a small workshop to a large factory • Al Marsad Newspaper

Al-Marsad newspaper: Majid Al-Baqami revealed how he started his project in a car radiator repair workshop with a partner with a capital of 80,000 riyals, until the workshop became a large factory. He said during his arrival as a guest on the meeting program from scratch: “I started a car radiator repair workshop with my … Read more

Watch .. businessman “Abdullah Al-Fawzan” surprises “Al-Mudaifer” about how he began to build his family’s huge fortune

Al-Marsad newspaper: On Sunday evening, businessman Abdullah Al-Fawzan narrated the details of the story of the establishment of his family’s huge wealth through his father and uncle, through a “grocery” and “taxi.” Al-Fawzan explained in his interview with the “Al-Liwan” program on the “Rotana Khaleejia” channel, that his father, Abdul Latif Al-Fawzan, and his uncle, … Read more

The British government calls on Chelsea supporters not to chant the name of the owner of the Russian club, Abramovich, during matches

Posted in: 14/03/2022 – 17:28 The British government on Monday called on Chelsea supporters to stop chanting “completely inappropriate” in the name of the club’s owner Roman Abramovich. They chanted the name of the Russian rich man during the interview that brought the club together on Sunday in Newcastle. And the Kingdom’s government froze all … Read more

Elon Musk donates $5.7 billion to “help end world hunger”

Posted in: 16/02/2022 – 10:05 American billionaire Elon Musk donated more than 5 million shares of his company Tesla, equivalent to $ 5.7 billion, to charities to “help stop world hunger” after the director of the United Nations Food Program tried to persuade him to do so at the end of 2021. The US Securities … Read more

Not only capital investment: Corona and low interest rates are driving interest in luxury real estate

Not just an investment Corona and low interest rates drive interest in luxury real estate 01/30/2022, 09:44 am The demand for expensive real estate has increased significantly in recent times. Brokerage firms report a doubling of sales in the millions. Contrary to what is often assumed, the new owners like to use the properties themselves. … Read more