The desalination project will be the second-largest plant in the world using the seawater reverse osmosis process, and the largest powered by solar energy.
(Bloomberg) The family behind high-end supermarket chain Spinneys is seeking to raise as much as 1.38 billion dirhams ($375 million) in a rare private sector listing in Dubai that’s drawn Franklin Templeton as a cornerstone investor.Most Read from BloombergRay Dalio’s Famous Trade Is Sputtering, Investors BailingTrump Has Only $6.8 Million for Legal Fees With Trial UnderwayStocks Climb as US Earnings Kick Into High Gear: Markets WrapRussians Transform Dubai as They Flee Putin’s War: Photo Ess
The United Arab Emirates' rulers will soon achieve a distinction they've long coveted. Their once sleepy stock exchanges will be home to companies valued at $1 trillion.
The Sheikh who dominates one of the world s hottest stock markets moneycontrol.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneycontrol.com Daily Mail and Mail on Sunday newspapers.