Tag: billion

Mashreq announces successful closing of its $2 billion dual tranche syndicated term loan facilities

This syndicated loan is the biggest funding transaction ever for Mashreq. It is also one of the largest syndicated loans by any GCC bank...

Abu Dhabi’s Space42 signs Dh18.7 billion deal with UAE govt to provide services until 2043

Space42, the UAE-based AI-powered space technology company, on Tuesday said it signed a Dh18.7 billion ($5.1 billion) contract with the UAE Government to provide...

Volume of investments accounts for SR18 billion in KAEC

JEDDAH — Makkah Deputy Emir Prince Saud bin Mishaal received Fahad Al-Saif, chairman of Emaar, The Economic City, the main developer of King Abdullah Economic...

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Cloudflare highlights emerging risks and realities of frontier AI models in cybersecurity research

Cloudflare shared new insights into the evolving role of...

Dubai unveils new $410m economic support package for businesses 

Dubai approved a new 1.5 billion dirham ($410 million)...

Dell Technologies rewrites the rules of storage modernization and performance with Dell PowerStore Elite

Dell Technologies (NYSE: DELL) introduces Dell PowerStore Elite, a...

flydubai, Cyprus Airways announce interline partnership to expand global connectivity

flydubai and Cyprus Airways have announced the launch of...

ADX achieves 99% compliance rate in Q1 2026 financial statements disclosure by publicly listed companies

The Abu Dhabi Securities Exchange (ADX) Group announced that...