K Shipbuilding wins Product Tankers order from All Seer Marine worth AED643mn
ABU DHABI, UAE: K Shipbuilding, the leading Korean shipyard and one of the world’s largest shipbuilders for MR Tankers, will construct the four new medium-range...
valU acquires a minority stake in local fintech start-up, Kiwe
CAIRO, EGYPT: valU, MENA’s leading Buy-Now, Pay-Later (BNPL) lifestyle-enabling fintech platform, announced today its acquisition of a minority stake in local fintech start-up, Kiwe, the...
Aramex has acquired Access USA Shipping (MyUS) for $265 million
DUBAI, UAE: Aramex PJSC, a leading global provider of comprehensive logistics and transportation solutions, has obtained all the necessary regulatory approvals and completed the acquisition...
800 MWp Al Kharsaah solar power plant inaugurated in Qatar
DOHA, QATAR: The Al Kharsaah solar power plant developed by TotalEnergies and its partners QatarEnergy, and Marubeni was inaugurated today by His Highness Sheikh Tamim...
Abu Dhabi Aviation receives business combination offer from ADQ Aviation
ABU DHABI, UAE: The Board of Directors of Abu Dhabi Aviation (ADA) announced that it has received an offer from ADQ Aviation and Aerospace Services...
Alwaleed Philanthropies signs partners Al Hilal Saudi Club to promote women sports
RIYADH, SAUDI ARABIA: Alwaleed Philanthropies, chaired by Prince Alwaleed Bin Talal Al Saud, has signed a five-year partnership with Al Hilal Saudi Club for Women...
GFH acquires US Medical Clinics portfolio valued at $400mn
MANAMA, BAHRAIN: GFH Financial Group announced increasing its exposure to the medical office/clinics sector through a second US Medical Clinics portfolio in a transaction valued...
Shelf Drilling secures $236mn contract in the Arabian Gulf
DUBAI, UAE: Shelf Drilling Ltd. has secured a five-year contract for the recently acquired premium jack-up rig Shelf Drilling Victory for operations in the Arabian...
International Holding makes capital investment of $200mn in Colombia’s Lulo Bank
ABU DHABI, UAE: International Holding Company (ADX: IHC), through one of its subsidiaries, made a capital investment of AED 734 million (USD 200 million) in...
Yahsat acquires minority interest in eSAT Global
ABU DHABI, UAE: Yahsat, the UAE’s flagship satellite solutions provider, announced a minority investment in eSAT Global Inc, an innovative Internet of Things (IoT) connectivity...
Multiply Group acquires 80% of International Energy Holding
ABU DHABI, UAE: Multiply Group (ADX: Multiply), an Abu Dhabi-based holding company, has acquired 80% of International Energy Holding LLC. Alpha Dhabi Holding PJSC purchased...
Abu Dhabi Commercial Bank to divest Abu Dhabi Commercial Properties
ABU DHABI, UAE: In line with Abu Dhabi Commercial Bank’s (ADCB) strategy to focus on growth of core businesses, the Bank is evaluating the opportunity...