Caisse des Dépôts, the French public sector financial institution, has said that it has received a binding offer from Tikehau Capital, the alternative asset management group, for a 42% stake in its subsidiary, Egis, the specialist in engineering, construction and mobility services. In a statement, Egis said that should the move be approved, Tikehau Capital […]

HH Sheikh Saud bin Rashid Al Mu’alla, Supreme Council Member and Ruler of Umm Al Qaiwain, has issued Resolution Number 4 of 2021, on foreign freehold real estate ownership in the Emirate of Umm Al Qaiwain, it has been announced. According to a WAM report, under the resolution, foreigners, limited liability companies partially owned by […]

Leading fit out and refurbishment contractor, ALEC FITOUT, has inked an agreement with cloud-based procurement platform Procurified as it looks to further enhance its estimation and procurement processes. By migrating to Procurified, all, suppliers and manufacturers for ALEC FITOUT will be instantly connected and integrated. The platform, which is accessible to users via an online […]