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In May 2026, Sharjah’s real estate sector recorded transactions worth AED3.1 billion through 7,119 transactions, with the total area traded in sales transactions reaching around 9.5 million square feet, stated the Sharjah Real Estate Registration Department.
“The ownership certificate transactions reached 2,902 transactions, representing 40.8% of the total. These were ...
Ahead of its planned IPO in September, Nigeria’s Dangote Petroleum Refinery has ramped up crude processing to 700,000 barrels per day (bpd) during a performance test by process licensors, exceeding its “capacity” of 650,000 bpd and marking a significant operational milestone.
The refinery, owned by Nigerian billionaire Aliko Dangote, began fuel production in the facili...
A month after Spirit Airlines‘ collapse, the global budget carrier industry is in the news again due to the talks around a possible takeover of the British airline easyJet by the US investment firm Castlelake.
While easyJet h...
French utility Engie, a global leader in designing, building, and operating utility-scale photovoltaic solar farms and renewable energy projects, plans to invest nearly EUR 100 million (USD 116.3 million) to add a 155-MW solar farm to its Castelnou combined-cycle gas-fired power station in the Aragon region, northeastern Spain, creating a hybrid generation complex.
As ...
As the ongoing Iran war and the stalemate at the Strait of Hormuz put severe inflationary and disruptive pressures on the global trade and investment, the Islamic banking and finance sector pitched for a broader and more socially responsible way of capital distribution.
The opinion emerged during the recently concluded “Third Global Islamic Economy Summit” in Istanbul,...