Orient Insurance acquires ADCB Group’s shares in Orient Takaful
DUBAI, UAE: Orient Insurance, a subsidiary of Al Futtaim Group, announced that it has completed acquiring the shares of ADCB Group in Orient Takaful Insurance...
Abu Dhabi Commercial Bank sells stake in Orient Takaful
ABU DHABI: Abu Dhabi Commercial Bank Group (ADCB) has completed the sale of its 20% stake in Egyptian insurer Orient Takaful PJSC to Orient Insurance...
Waha Capital Included in Key UAE and Global Small Cap Indexes by MSCI
ABU DHABI, UNITED ARAB EMIRATES: Waha Capital (ADX: WAHA), an Abu Dhabi-listed investment management company, has been selected by MSCI for inclusion in its key...
Fertiglobe selects Plug Power for Egypt amonia project
ABU DHABI, UAE: Fertiglobe (ADX: FERTIGLB) led consortium selected Plug Power Inc. (NASDAQ: PLUG) as the technology provider for a 100 megawatts electrolyzer to produce...
Emirates Stallions acquires 70% stake in WFC Holding
ABU DHABI, UAE: Emirates Stallions Group (ESG), a subsidiary of International Holding Company (IHC), has acquired 70% of WFCHolding. WFC Holding is a UAE based...
Jumia Egypt partners with valU to provide new online payment channels
CAIRO, EGYPT: Jumia, the leading e-commerce platform in Egypt, JumiaPay the fintech electronic payments platform, and valU the leading Buy-Now Pay-Later (BNPL) fintech platform in...
Thuraya enters broadband products distribution deal with SATCOM
ABU DHABI, UAE: Thuraya Telecommunications Company has entered into a long-term agreement with Cobham SATCOM, for the distribution of next generation broadband products for land,...
ADNOC Distribution launches next generation retail experience
ABU DHABI, UAE: ADNOC Distribution, the UAE’s largest fuel convenience retailer, is the first fuel retailer in the Middle East to launch the next generation...
Sharjah Group changes name to Aram Group
ABU DHABI, UAE: Sharjah Group Company has changed name to Aram Group public joint stock company, in accordance with the resolution of the General Assembly...
Al Mal Capital acquires two school of Al Shola Private Schools
Al Mal Capital is the first REIT listed on Dubai Financial Market (DFM), and managed by Al Mal Capital PSC, a subsidiary of Dubai Investments...
Investment grade ratings of Finance House reaffirmed, stable outlook
ABU DHABI, UAE: Finance House PJSC (FH)’s Short-Term Foreign Currency Rating (ST FCR) at “A3” and Long-Term Foreign Currency Rating (LT FCR) at “BBB-” were...
Yahsat to be added to the FTSE UAE Small Cap Index
ABU DHABI, UAE: Al Yah Satellite Communications Company (Yahsat), UAE’s flagship satellite solutions provider is to be added to the FTSE UAE Small Cap Index,...