Blackstone Group LP and CVC Capital Partners are among buyout firms weighing a bid for as much as a 40 percent stake in Emaar Properties PJSC’s entertainment division, according to people familiar with the matter, reports Bloomberg.
Dubai’s police force, famous for its stable of exotic supercars, has added yet another high-tech, rear-wheel-drive vehicle to its fleet, says Bloomberg.
Amazon.com Inc. has agreed to buy Dubai-based online retailer Souq.com, betting that e-commerce in the Middle East is poised to take off, says Bloomberg
Thanks to a partnership with London-based fashion technology company Farfetch, you can soon get Gucci clothing and accessories whisked to your door within 90 minutes, reports Bloomberg.
More than half a century ago, Revlon founder Charles Revlon famously described the true business of cosmetics makers: “We sell hope.” Today the same could be said about what the large, established beauty houses see in small, social media-driven makeup companies, reports Bloomberg
President Donald Trump’s adult sons, who now manage his sprawling business empire, were guests of honor at the launch of a new luxury golf course in Dubai, the first opening of a Trump-branded property since Inauguration Day, reports Bloomberg
Tesla Inc. is expanding to the United Arab Emirates, making a move to sell its pricey electric cars in one of the world’s largest oil-producing nations, according to Bloomberg.
Amazon.com Inc. and India’s Flipkart Online Services Pvt have walked away from talks to acquire Dubai-based Souq.com after disagreeing over price, according to two people with knowledge of the matter told Bloomberg.
A change is as good as a rest they say, and often it’s a change of pace that the soul craves most, writes Scott Armstrong.
This impressive property combines the classical with the contemporary in a way that’s dizzyingly good fun. Much, in fact, like a Strauss waltz.