World Aquatics announces Centre of Excellence at the University of Technology Bahrain
MANAMA, BAHRAIN: World Aquatics and the Bahrain Olympic Committee today announced plans to create a centre of excellence and regional office for aquatic sports in...
Dubai Investments acquires 9.0% stake in Monument Bank, UK based Digital Bank
DUBAI, UAE: Dubai Investments [DIC] has acquired 9% equity stake in Monument Bank Limited, a UK Based Digital Bank regulated by the Financial Conduct Authority...
Venture debt funding in MENA crosses $260 million across 18 deals in 2022
DUBAI, UNITED ARAB EMIRATES: The 2022 MENA Venture Debt Investment Report shows that venture debt funding grew 18x between 2020 and 2021, revealing a growing...
ADNOC and TAQA to jointly establish electric vehicle infrastructure in UAE
ABU DHABI, UAE: ADNOC Distributionhas agreed with Abu Dhabi National Energy Company (TAQA) to jointly establish a mobility joint venture, E2GO, to build and operate...
EM Normandie French Business School inaugurates 1st campus at Dubai Knowledge Park
DUBAI, UAE: The EM Normandie French Business School has inaugurated its first regional campus at Dubai Knowledge Park, a member of TECOM Group PJSC. A...
Ahmed Galal Ismail appointed CEO of Majid Al Futtaim Holding
DUBAI, UNITED ARAB EMIRATES: Majid Al Futtaim, the leading shopping malls, communities, retail and leisure pioneer across the Middle East, Africa, and Central Asia, announced...
Alpha Dhabi and Mubadala form partnership to co-invest $2.5bn in global credit opportunities
ABU DHABI, UAE: Alpha Dhabi Holding and Mubadala Investment Company announced the formation of a joint venture to co-invest in global credit opportunities. Alpha Dhabi...
GFH buys major stake in Big Sky, US-based real estate asset manager
MANAMA, BAHRAIN: GFH Financial Group has completed the acquisition of a majority stake in Big Sky Asset Management, a US-based real estate asset manager focused...
Islamic Arab Insurance will acquire the insurance portfolio of Dubai Islamic Insurance and Reinsurance
DUBAI, UAE: Islamic Arab Insurance Company, listed as “SALAMA“, will acquire the insurance portfolio of Dubai Islamic Insurance and Reinsurance Company (AMAN) which includes its...
AD Ports Group signs shipping services JV with Kazakh National Oil Company
ABU DHABI, UAE: AD Ports Group (ADX: ADPORTS) has signed a shareholder agreement with KMTF (Kazmortransflot), a fully-owned offshore logistics and services subsidiary of the...
Sustainability Forum Middle East selects Infracorp as Lead Partner Sustainable Infrastructure
MANAMA, BAHRAIN: Sustainability Forum Middle East announced Infracorp as “Lead Partner – Sustainable Infrastructure” for its upcoming inaugural edition focusing on “Business Transition to Net-Zero...
Aramco and TotalEnergies to jointly establish $11bn petrochemical facility in KSA
JEDDAH, SAUDI ARABIA: The Saudi Arabian Oil Company (Aramco) and TotalEnergies have taken the final investment decision for the construction of a world scale petrochemical...