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, aeronautical and maritime users. Thuraya…

NNR November 22, 2021

MENA

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 retail experience, a fully autonomous…

NNR November 22, 2021

MENA

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 Meeting held on 7/10/2021 which…

NNR November 21, 2021

MENA

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 PJSC. Accordingly, the school campuses…

NNR November 21, 2021

MENA

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 both reaffirmed with a stable…

NNR November 21, 2021

MENA

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, a news release said. Yahsat…

NNR November 21, 2021

MENA

ADNOC & TAQA launch renewable energy and green hydrogen venture

Sheikh Khaled bin Mohamed bin Zayed Al Nahyan ABU DHABI, UAE: Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Member of the Abu Dhabi Executive Council, Chairman of the Abu…

NNR November 17, 2021

MENA

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 a deal value exceeding US$100…

NNR November 15, 2021

MENA

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 of awards for Best Bank.…

NNR November 14, 2021

MENA

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 by over 236 per cent…

Ali Mirza November 14, 2021

MENA

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 net profit attributable to the…

NNR November 14, 2021