Emaar Properties PJSC’s $1.5 billion initial public offering of its United Arab Emirates development business received bids for the entire amount within half a day of the issue’s opening, according to Bloomberg.


Crown Prince Mohammed bin Salman said Saudi Arabia is in talks with some of the world’s biggest companies to develop technologies that will power life in the $500 billion city he’s planning to build on the Red Sea, reports Bloomberg

Hussain Sajwani wants the world to know he’s Donald Trump’s man in the Middle East. From his perch in Dubai, the billionaire real-estate mogul is busy working to strengthen — and promote — his relationship with the Trump Organization. And he’s making no apologies, whatever critics might say about potential conflicts for America’s first family, reports Bloomberg.