Safanad Expands Leadership Team with Three New Partners, Launches Safanad KSA with Plans to Deploy US$3B+ into KSA over Five Years

RIYADH, SAUDI ARABIA: Safanad, a global holding company combining investment and operational excellence, announced the expansion of its leadership team with three new Senior Partners – Saleh Romeih, Faisal Rehman,…

NNR October 24, 2023

MENA

Gulf International Bank Becomes a Signatory to the UN Women’s Empowerment Principles

MANAMA: Gulf International Bank B.S.C. (GIB) today announced that it has become a signatory to the Women's Empowerment Principles (WEPs). Established by UN Women and UN Global Compact, WEPs are…

NNR October 23, 2023

MENA

National Bank of Umm Al Quwain achieves 385 million dirhams in net profits during the first nine months of 2023

UNITED ARAB EMIRATES: National Bank of Umm Al Quwain (NBQ) has reported a net profit of AED 385 million for the 9-months period ended on 30 Sep 2023, reflecting a…

NNR October 19, 2023

MENA

Al Seer Marine receives VLGC North Gas, increasing fleet size to 20

ABU DHABI, UAE: Al Seer Marine (ADX: ASM), a prominent global player across multiple marine sectors and a subsidiary of Abu Dhabi-based International Holding Company (ADX: IHC), has announced the…

NNR October 16, 2023

MENA

Saudi Aramco seeks to buy 10% stakes in Shandong Yulong Petrochemical

DUBAI : Saudi Aramco is in talks to buy a 10 per cent stake in Shandong Yulong Petrochemical Co, it said on Wednesday. Shandon Yulong is building a refinery complex…

NNR October 11, 2023

MENA

GFH Partners acquires $150mn worth of logistics and industrial portfolio in Saudi Arabia and UAE

DUBAI, UAE: GFH Partners, a subsidiary of GFH Financial Group, has acquired a diversified logistics and industrial portfolio worth $150 million in Saudi Arabia and the UAE. The portfolio includes…

NNR October 7, 2023

MENA

Saudia enters a new era through major re-brand strategy

JEDDAH, KSA: Saudia, the national flag carrier of Saudi Arabia, revealed its new brand identity and livery during a milestone event in Jeddah, in the presence of Royal Highnesses, Excellencies…

NNR October 5, 2023

MENA

Noatum announces the acquisition of Sesé’s Finished Vehicles Logistics

ABU DHABI, UAE: AD Ports Group announced that Noatum, which now leads its Logistics Cluster operations, has signed the agreement for the acquisition of the 100% equity ownership of Sesé…

NNR October 3, 2023

MENA

Fertiglobe and AD Ports Group join forces to boost fertilizer and green fuel trade

ABU DHABI, UAE: Fertiglobe, a joint venture between ADNOC and OCI Global, is the world’s biggest exporter and producer of urea and ammonia, which are used as fertilizers. It also…

NNR September 18, 2023

MENA

Toko and Virtuzone sign collaboration to launch Dubai’s first tokenised equity crowd funding platform

DUBAI, UAE: TOKO FZE a leading innovator in the FinTech sector, born out of global law firm DLA Piper, announces a transformative strategic partnership with Virtuzone, a pioneer in business…

NNR September 12, 2023

MENA

Amanat and Mada International Holding join forces to pursue healthcare PPP projects in Saudi Arabia

DUBAI, UAE: Amanat Holdings PJSC, the leading healthcare and education listed investment company, and Mada International Holding, one of the leading and well diversified infrastructure developers in the Kingdom of…

NNR September 11, 2023