- Aster’s GCC and India businesses officially separate to establish two distinct and standalone healthcare champions
- Aster GCC will continue to be managed and operated by the Moopen family and the family will maintain a 35% stake in the company
- Fajr Capital-led consortium, which includes Emirates Investment Authority, Al Dhow Holding Company (the investment arm of AlSayer Group), Hana Investment Company (a subsidiary of Olayan Financing Company) and Wafra International Investment Company, completes the acquisition of 65% stake in Aster GCC
- Aster GCC set to embark on an ambitious expansion plan across the Gulf region, especially in Saudi Arabia, and enhance access to high quality healthcare across physical and digital channels
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Moody’s Upgrades ADIB’s Baseline Credit Assessment
Moody’s Upgrades ADIB’s Baseline Credit Assessment, Reflecting the Bank’s Strong Financial Position
• Moody’s affirmed ADIB’s local and foreign currency long-term issuer ratings at A2 and short-term issuer ratings at Prime-1
• ADIB’s Baseline Credit Assessment (BCA) and Adjusted BCA were upgraded to baa3 from ba1.
Continue reading Moody’s Upgrades ADIB’s Baseline Credit AssessmentCityscapeWIRE Celebrates Ramadan With Inclusive, Multi-National Networking Iftar
CityscapeWIRE Celebrates Ramadan With Inclusive, Multi-National Networking Iftar
- Ongoing Iftar Roadshow to Span MENA Region
Dubai UAE, April 03, 2024: CityscapeWIRE, the premier women’s network in the Middle East and North Africa’s real estate industry, hosted a standout networking Iftar recently at the One&Only Royal Mirage, Dubai.

“While celebrating the community spirit of Ramadan, this inspirational Iftar also enabled guests to foster connections, engage in meaningful conversations and explore collaboration opportunities,” explained CityscapeWIRE lead Claire Hardy.
Continue reading CityscapeWIRE Celebrates Ramadan With Inclusive, Multi-National Networking IftarSaxo Q2 Outlook | 2024: The wasted year
Dubai, UAE, 3rd April 2024: Saxo today launched its Quarterly Outlook for Q2 2024. As elections in key market countries dominate global discussions, Saxo’s Strategy team highlights the events and indicators that investors and traders should keep an eye on. They also explore whether this focus on elections diverts attention from the actual figures affecting global markets.

In his macro note, “It’s all about elections and keeping status quo”, Steen Jakobsen, Saxo’s Chief Investment Officer, emphasises that “election optimism and a rally in equities have so far masked the inconvenient truths underlying our economy, where debt continues to grow faster than GDP.”
Continue reading Saxo Q2 Outlook | 2024: The wasted yearShurooq completes major expansion work at its Kingfisherand Al Badayer eco retreats
Shurooq completes major expansion work at its Kingfisher
and Al Badayer eco retreats to meet surging demand
Expansion includes 35 new luxurious tents and enhanced facilities to welcome more vacationers inspired by Sharjah’s natural wealth and scenic beauty
Sharjah, March 00, 2024

Sharjah Investment and Development Authority (Shurooq) continues its commitment to elevate the emirate’s stature as a globally distinctive tourist destination by announcing the completion of expansions for two flagship projects under the Sharjah Collection: The Kingfisher Retreat and Al Badayer Retreat. These expansions are geared towards amplifying capacity and delivering unparalleled tourist experiences that seamlessly blend tradition with modernity, all while upholding principles of sustainability and environmental conservation.
Continue reading Shurooq completes major expansion work at its Kingfisherand Al Badayer eco retreats