GFH Financial signs investment partnership with Schroders Capital
MANAMA, BAHRAIN: GFH Financial Group has entered into a strategic partnership with Schroders Capital to invest in select private equity and venture capital deals on...
Nakilat and Karpowership to jointly own and operate Floating Storage Regasification Units
DOHA, QATAR: Nakilat and Karpowership have signed a Memorandum of Understanding (MoU) to collaborate in the LNG-to-power market and jointly own and operate Floating Storage...
Aldar to create 1,000 jobs for UAE nationals by 2026
ABU DHABI, UAE: Aldar Properties will create employment opportunities for 1,000 UAE nationals over the next five years in line with the ambitious Emiratisation goals...
Arbitration claims reached to approximately AED 3.5 billion
DUBAI, UAE: As part of its endeavors to update its shareholders and for transparency and disclosure purposes and in accordance with regulatory requirements, Union Properties...
Huawei Arab Innovation Day 2021
RIYADH, KSA: Held under the theme of “Collaboration to Drive Innovations in the Arab World,” Huawei Arab Innovation Day 2021 witnessed landmark keynotes and discussions...
OCI and ADNOC complete Fertiglobe bookbuilding, raising over $795 million
AMSTERDAM: OCI N.V., Abu Dhabi National Oil Company (ADNOC) and Fertiglobe announced the successful completion of Fertiglobe’s IPO bookbuilding process, and the final offer price...
Orascom Construction evaluates acquisition Sawiris Family business
DUBAI, UAE: Orascom Construction announced the Board of Directors approved management’s proposal to evaluate the potential acquisition of a leading equipment importation, distribution and services...
Dubai Investments inks AED 1bn beachfront development deal with Marjan
DUBAI, UAE: Dubai Investments, the leading diversified investment company listed on the Dubai Financial Market (DFM), has signed an agreement with Marjan – the master-developer...
Barwa Real Estate signs cooperation agreement with Huawei
DOHA, QATAR: Barwa Real Estate Group has signed a cooperation agreement with Huawei to provide all its in-progress and future projects with all smart technology...
ADNOC distribution continues expansion in northern emirates
SHARJAH, UAE: ADNOC Distribution, the UAE’s largest fuel and convenience retailer, has continued its expansion in the Northern Emirates with two further openings in Sharjah,...
ADNOC Drilling approves business growth plan, inclusion in FTSE Indices
ABU DHABI, UAE: The inaugural ADNOC Drilling Board meeting was chaired by Dr. Sultan Ahmed Al Jaber, ADNOC Managing Director and Group CEO, as well...
GFH intends to acquire 21.03% stake in Khaleeji Commercial Bank
DUBAI, UAE: GFH Financial Group has expressed intention to make an offer to acquire up to 187.589 million ordinary shares representing 21.03% stake in Khaleeji...