Corporate World

Arzan Wealth (DIFC) Limited (‘Arzan Wealth’), a Dubai-based advisory firm regulated by the Dubai Financial Services Authority, is pleased to announce that it has advised on a mezzanine lending opportunity in the United States, as part of the new strategy focusing on investments into debt structures.  This second investment utilizes the innovative Real Estate Index Linked Securities (“REILS”) instrument, which is an amortizing mezzanine loan, and has been structured in a Sharia-compliant manner.

Dubai-based real estate agency Allsopp & Allsopp has achieved another first in the fiercely competitive Dubai real estate sector – being awarded for most sales transactions by Dubai Land Department.

With double-digit sales growth in 2017, Phoenix Contact has exceeded the two billion euro mark, achieving a turnover of 2.205 billion euro. At the same time, the number of employees increased to 16,500 personnel worldwide.

Nexans, the worldwide leader in cables and cabling systems has been named the ‘Cabling Vendor of the Year 2018,’ at the 9th annual Network World Middle East Award 2018 held in Dubai. This award recognized Nexans for its latest generation of cabling solutions portfolio, regional channel deployments, innovation, responsive customer service and support.

With double-digit sales growth in 2017, Phoenix Contact has exceeded the two billion euro mark, achieving a turnover of 2.205 billion euro. At the same time, the number of employees increased to 16,500 personnel worldwide.