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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
The food and FMCG giant is set to be put into provisional liquidation. Abu Dhabi’s IHC and Emaar founder Mohamed Alabbar are now eyeing it.
قصص آنية ومفصلة ومكتوبة بعناية من المنطقة
Timely, detailed and well-written stories from the region
Food and FMCG behemoth IFFCO has seen early interest from two of the UAE’s most prominent suitors. These are International Holding Company, Abu Dhabi’s largest conglomerate (by market capitalization), and Mohamed Alabbar, founder of property giant Emaar and board chair at Americana Restaurants, according to a report in Bloomberg.
The discussions are still informal and may not fructify, but this is encouraging news for the family-run business behind the popular London Dairy ice cream brand. For the past year or so, the conglomerate has been facing serious challenges: almost $2 billion in debt, a rift within the family and …
آراء حول أحدث التطورات في الأعمال والاقتصاد من محرر الشرق الأوسط
Views on the latest happenings in business and economy from our ME Editor
