GFH AND Wafra partner to acquire portfolio of U.S. logistics assets
MANAMA: GFH Financial Group has partnered with Wafra International Investment Company, a Kuwaiti based asset management company with US$8.5 billion in AUM, to acquire a...
ADNOC Drilling announces $3.8 billion drilling contract award
ABU DHABI, UAE: ADNOC Drilling Company has signed a five-year Drilling Services Agreement with ADNOC Onshore for the continued provision of drilling, workover and other...
BHM Capital wins Listing Advisory License
DUBAI, UAE: BHM Capital, a leading financial services company in the UAE, has been granted a Listing Advisory License by the Securities and Commodities Authority...
Orascom to buy equipment distribution/services business in Egypt
DUBAI, UAE: Orascom Construction Board has proposed the acquisition of a leading equipment importation, distribution and services business (target company) in Egypt. The Group previously...
Technip Energies to construct petrochemical complex in UAE
PARIS, FRANCE: Technip Energies (EPA:TE) in consortium with TARGET Engineering by Abu Dhabi Polymers co. Ltd. (Borouge) will construct a new Ethane Cracker Unit, to...
Al Salam Bank continues empowerment of women in the workplace
BAHRAIN: Al Salam Bank continues to prioritizes its female personnel, as they play an integral role in its success, and the development of the Kingdom...
United Arab Emirates to buy 80 Rafale F4 aircraft
SAINT-CLOUD, FRANCE: In the presence of the President of the French Republic, Emmanuel Macron, and Sheikh Mohammed ben Zayed Al Nahyane, Crown Prince of Abu...
KIPCO raises KD 80mn in oversubscribed rights issue
KUWAIT CITY: KIPCO – the Kuwait Projects Company (Holding) – announced the rights issue of 640 million shares was oversubscribed, and KIPCO raised KD 80...
Zwipe and GEPCOM to bring next generation payment cards to Saudi Arabia
RIYADH, SAUDI ARABIA: GEPCOM, one of oldest and most respected card production and printing facilities in the Arab world, has selected the Zwipe Pay ONE...
Multiply Group to list on main market of Abu Dhabi Exchange
ABU DHABI, UAE: Multiply Group, a subsidiary of International Holding Company (IHC), will list directly on the Abu Dhabi Securities Exchange (ADX) on December 5,...
Chris Phillips appointed Chief Commercial & Investment Officer at Gulf Navigation Holding
DUBAI, UAE: Gulf Navigation Holding has appointed Chris Phillips as its new Chief Commercial and Investment Officer. Chris Phillips brings with him over 25 years...
Qatar First Bank invests in US-based voice AI firm, SoundHound
DOHA, QATAR: Qatar First Bank (QFB) has agreed to invest in SoundHound Inc., a US late-stage tech company specialized in voice AI. SoundHound Inc.’s headquarters...