GFH Signs Strategic Partnership with FII Institute
MANAMA: GFH Financial Group (“GFH” or “the Group”) today has been announced as a Strategic Partner of Future Investment Initiative (FII) Institute, joining the Institute’s...
Gulf International Bank partners with Noon to support the acquisition of Namshi
Manama: Gulf International Bank B.S.C. (GIB) today announced that it has structured and fully underwritten a facility for Noon AD Holdings Ltd and Noon Investment...
ADNOC and TAQA partner to develop $2.4 billion sustainable water project
Abu Dhabi, UAE: ADNOC and Abu Dhabi National Energy Company PJSC (TAQA) have announced a strategic investment project worth up to $2.4 billion (AED 8.8...
TAQA to invest in Uzbekistan’s power sector in partnership with the government
ABU DHABI, UAE: Abu Dhabi National Energy Company PJSC (TAQA), one of the largest listed integrated utilities in the region, has signed a strategic framework...
Fertiglobe reports lower revenue amid European gas prices and shipment deferrals
ABU DHABI, UAE: Fertiglobe, the joint venture between ADNOC and OCI Global, has reported its financial results for Q1 2023, revealing a revenue of $694...
SHUAA Capital appoints Wafik Ben Mansour as Head of Investment Banking
UNITED ARAB EMIRATES: SHUAA Capital psc (DFM: SHUAA), the leading asset management and investment banking platform in the region, has appointed Wafik Ben Mansour, a...
e& acquires majority stake in Beehive, MENA’s leading crowdfunding platform
ABU DHABI, UAE: e& enterprise, a subsidiary of Emirates Telecommunications Group Company PJSC, also known as “e&”, has signed a binding agreement to acquire a...
Empower confirms readiness to meet increasing demand for district cooling services during summer season in Dubai
DUBAI, UAE: Emirates Central Cooling Systems Corporation PJSC (Empower), the world’s largest provider of district cooling services, has announced its readiness to meet the increasing...
Qatar Airways triples flights to São Paulo, becoming dominant carrier to South America
Qatar Airways has announced an increase in its flights from Doha to São Paulo, Brazil, from double daily to 18 weekly flights starting from December...
Gulf International Bank receives ratings upgrades from Fitch to ‘A-‘/Stable
MANAMA, BAHRAIN: Gulf International Bank (GIB) announced that Fitch Ratings has upgraded its Long-Term (LT) Issuer Default Ratings (IDR) to ‘A-‘/Stable from ‘BBB+’/Positive for Gulf...
Al Salam Bank introduces Samsung Wallet, enabling secure contactless payments
MANAMA, BAHRAIN: Al Salam Bank has launched Samsung Wallet, a new and secure payment method that allows clients to make contactless payments using their Samsung...
Burjeel Holdings and OncoHelix to open cutting-edge lab for personalized medicine in UAE
ABU DHABI, UNITED ARAB EMIRATES: Burjeel Holdings, one of the largest healthcare service providers in the Middle East and North Africa (MENA) region, has announced...