ADNOC & TAQA launch renewable energy and green hydrogen venture
ABU DHABI, UAE: Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Member of the Abu Dhabi Executive Council, Chairman of the Abu Dhabi Executive Office,...
Nasser Abdulla Al Awadhi appointed Group CEO of ADIB
ABU DHABI, UAE: Abu Dhabi Islamic Bank’s (ADIB) Board of Directors announced the appointment of UAE National Nasser Abdulla Al Awadhi as ADIB’s new Group...
GFH Financial acquires 60% stake in Multi-Specialty Healthcare for $100mn
BAHRAIN: GFH Financial Group announced the acquisition of a 60% stake in the UAE’s leading provider of multi-specialty healthcare, Multi-Specialty Healthcare Partner Holding Ltd., in...
Al Salam Bank wins at Asiamoney Awards
MANAMA, BAHRAIN: Al Salam Bank was recently awarded as the ‘Best Domestic Bank in Bahrain – 2021’ as part of Asiamoney Middle East’s line up...
Emaar achieves highest ever property sales of $7.12bn
DUBAI, UNITED ARAB EMIRATES: Emaar Properties (DFM: EMAAR) has achieved an impressive growth in property sales in nine months ended September 30, 2021 which increased...
Gulf International Bank posts profits
BAHRAIN: Gulf International Bank (GIB) has announced its period ended 30th September 2021 financial results. The third quarter of 2021 witnessed a significant increase in...
Arkan Building Materials appoints Chairman, CEO
ABU DHABI, UNITED ARAB EMIRATES: Arkan Building Materials Co. (ADX: ARKAN) has appointed the company’s Chairman, Vice Chairman, and Group CEO during its Board of...
MSCI Includes Yahsat in its Global Indices
ABU DHABI, UNITED ARAB EMIRATES: Al Yah Satellite Communications Company (ADX: Yahsat), the UAE’s flagship satellite solutions provider, has been included as a constituent of...
DAMAC Properties announces AED2.39 billion revenue
DUBAI, UAE: DAMAC Properties Dubai (DFM: DAMAC) announced financial results for the nine month ended September 2021, reporting Revenue of AED 2,394 million, booked sales...
Oman Insurance launches a unique Middle East medical solution
DUBAI, UAE: In a bid to drastically simplify and improve access to health insurance for companies operating in the UAE and across the Middle East,...
Air Arabia posts solid third quarter net profit of AED 209mn
SHARJAH, UAE: Air Arabia announced strong financial results for the third quarter of this year ending September 30, 2021, despite the lasting impact of COVID-19...
Al Ain University and BHM Capital inaugurate virtual trading floor
ABU DHABI, UAE: Al Ain University (AAU) and BHM Capital, leading UAE financial services company, inaugurated a virtual trading room at the university, with the...