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Posted inMENA

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 and Mubadala aim to collectively…
Posted by NNR January 5, 2023
Posted inMENA

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 on the attractive and defensive…
Posted by NNR January 3, 2023
Posted inMENA

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 motor, medical, non-motor and group…
Posted by NNR December 29, 2022
Posted inMENA

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 Kazakh National Oil Company (KazMunayGas),…
Posted by NNR December 28, 2022
Posted inMENA

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 – the Path Towards a…
Posted by NNR December 18, 2022
Posted inMENA

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 facility in Saudi Arabia. The…
Posted by NNR December 15, 2022
Posted inMENA

Sukoon Insurance launches ‘Health Extend’ – a unique medical corporate offering

DUBAI, UAE: Sukoon Insurance has launched ‘Health Extend’ – a unique product in the UAE that allows employers to limit their budget while giving employees the freedom to add specific…
Posted by NNR December 12, 2022
Posted inMENA

Alpha Dhabi launches lifestyle vertical with investment in Nammos Group

ABU DHABI, UAE: Alpha Dhabi Holding, one of the fastestgrowing investment holding companies in the UAE listed on the Abu Dhabi Securities Exchange (ADX: Alphadhabi), announces that it has acquired…
Posted by NNR December 8, 2022
Posted inMENA

Al Eskan Al Jamae merged into KEZAD Communities making the AED 7.0 billion entity

Abdullah Al Hameli, CEO of Economic Cities & Free Zones, AD Ports Group said: “KEZAD Group continues to look for opportunities to leverage our assets and fully support the growth…
Posted by NNR December 6, 2022
Posted inMENA

Gulf International Bank becomes a signatory to the Abu Dhabi Sustainable Finance Declaration

MANAMA, BAHRAIN: Gulf International Bank (GIB) announced its participation in the R.A.C.E Sustainability Summit where it joined the latest signatories of the Abu Dhabi Sustainable Finance Declaration during the first…
Posted by NNR December 4, 2022
Posted inMENA

Sukoon finalizes acquisition of Generali Life Insurance portfolio in UAE

DUBAI, UNITED ARAB EMIRATES: Sukoon has finalized the acquisition of the UAE Life insurance portfolio from Assicurazioni Generali S.p.A. The agreement, signed on February 22nd, 2022, is in line with…
Posted by NNR November 24, 2022
Posted inMENA

KIPCO completes merger with Qurain Petrochemical Industries

Sheikha Dana Nasser Sabah Al Ahmad Al Sabah, KIPCO's Group Chief Executive Officer, said: "Today marks a milestone for KIPCO. We view the merger as a transformative transaction that will…
Posted by NNR November 23, 2022

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All news and articles on NewsnReleases are based on press releases, corporate announcements and analysts’ reports issued to London Stock Exchange (LSE), Euronext, Singapore Exchange (SGX), Japan Stock Exchange (JPX), Dubai Financial Market (DFM), Saudi Stock Exchange (Tadawul), Qatar Stock Exchange (QSE), BSEIndia, Australia Stock Exchange etc.

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