Eshraq Investments appoints Mohamed Al Hashimi as new CEO

ABU DHABI, UAE: Eshraq Investments PJSC (Eshraq), a leading investment company in the UAE, announced today the appointment of Mohamed Al Hashimi as its new chief executive officer. Al Hashimi…

NNR August 14, 2023

MENA

TAQA reports strong first half earnings driven by utilities business

ABU DHABI, UAE: Abu Dhabi National Energy Company PJSC (TAQA), one of the largest listed integrated utilities in Europe, Middle East and Africa, reported its first half earnings for the…

NNR August 14, 2023

MENA

Al Ansari Financial Services to acquire majority stake in Oman’s leading exchange company

DUBAI, UAE: Al Ansari Financial Services, a leading UAE-based financial services group, has announced that it has presented a formal proposal to acquire a majority stake in one of the…

NNR August 7, 2023

MENA

Aldar Properties names Faisal Falaknaz as its new finance and sustainability chief

ABU DHABI, UAE: Aldar Properties, the leading real estate developer in Abu Dhabi, has announced the appointment of Faisal Falaknaz as its Group Chief Financial and Sustainability Officer (GCFSO), effective…

NNR August 2, 2023

MENA

How to save money and energy with district cooling this summer

Summer is here, and so is the need for cooling. But did you know that you can save money and energy by using district cooling more efficiently? District cooling is…

NNR August 2, 2023

MENA

Aldar Education boosts its presence in UAE and Bahrain with new investments

ABU DHABI, UAE: Aldar Education, a leading education provider and a subsidiary of Aldar Properties, has announced that it has increased its investment in its education business by over AED…

NNR July 31, 2023

MENA

Aldar to invest AED 500 million in revamping two malls in the UAE

ABU DHABI, UAE: Aldar Properties announced an AED 500 million investment plan to redevelop two of its key retail portfolio assets in the UAE: Al Jimi Mall in Al Ain,…

NNR July 25, 2023

MENA

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 international routes during July and…

NNR July 24, 2023

MENA

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 of Understanding (MoU) with Turkey-based…

NNR July 20, 2023

MENA

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 from plastic waste into certified…

NNR July 17, 2023

MENA

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 of EIG that owns 25%…

NNR July 12, 2023

MENA

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 World Climate Foundation, will take…

NNR July 11, 2023