SAUDIA expands international flights by 15%, achieving significant growth
JEDDAH, SAUDI ARABIA: Saudi Arabian Airlines (SAUDIA) continues to implement its operational plan for Summer 2023 by providing over 7.4 million seats for domestic and...
Alpha Dhabi and Limak Group sign MoU to explore joint ventures in Turkey
ABU DHABI, UAE: Alpha Dhabi Holding (ADX: ALPHADHABI), one of the fastest-growing investment holding companies in the United Arab Emirates (UAE), has signed a Memorandum...
Saudi Arabia produces first circular polymers from plastic waste
RYADH, KSA: A joint project by TotalEnergies, Aramco and SABIC has achieved a breakthrough in the Middle East and North Africa by converting oil derived...
Multiply Group buys stake in Breakwater Energy for $100 million
ABU DHABI, UAE: Multiply Group, an Abu Dhabi-based investment holding company, has announced that it has acquired a minority stake in Breakwater Energy, a subsidiary...
Gulf International Bank Partners with COP 28 World Climate Summit in Dubai
MANAMA: Gulf International Bank B.S.C. (GIB) today announced its partnership with World Climate Summit – The Investment COP 2023. The event, which is hosted by...
Dubai Investments and E20 sign MOU for agricultural investment in Angola
DUBAI, UAE: Dubai Investments, the leading investment company listed on the Dubai Financial Market, and E20 Investment, an Abu Dhabi-based agribusiness investment company, signed a...
Continental Investments LMD and Finance House strengthen partnership with new funding deal
Abu Dhabi, UAE: Continental Investments LMD, a leading real estate developer and a branch of Egypt’s LMD Sabbour Group, and Finance House, the UAE’s premier...
Aldar Estates to merge with Eltizam in property and facilities management deal
ABU DHABI, UAE: Aldar Properties PJSC, International Holding Company (IHC), and ADNEC Group have announced that they will merge their jointly owned property and facilities...
ADNOC Gas awards $1.34 billion contracts for gas pipeline expansion
ABU DHABI, UAE: ADNOC Gas, the world-class integrated gas processing company, has announced the award of $1.34 billion in contracts to Petrofac Emirates LLC and...
Aramco and TotalEnergies to Construct $11 Billion Petrochemicals Complex in Saudi Arabia
RIYADH, KSA: Saudi Arabian Oil Company (Aramco) and TotalEnergies have recently joined forces in a significant partnership, signing an $11 billion contract to commence the...
Al Salam Bank acquires majority stake in Al Salam Bank Algeria
MANAMA, BAHRAIN: Al Salam Bank has announced the acquisition of a majority stake in Al Salam Bank Algeria (ASBA), increasing its shareholding from 37.43% to...
TAQA acquires Sustainable Water Solutions Holding to expand its water portfolio
DUBAI, UAE: Abu Dhabi National Energy Company PJSC (TAQA), an international energy and water company, has announced that it has entered into a definitive agreement...