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 Directors meeting. The strategic combination…

NNR November 14, 2021

MENA

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 the MSCI Small Cap Indices,…

NNR November 14, 2021

MENA

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 of AED 4.1 billion and…

NNR November 14, 2021

MENA

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, Oman Insurance Company (DFM:OIC) has…

NNR November 14, 2021

MENA

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 pandemic on the performance of…

NNR November 11, 2021

MENA

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 aim of refining students’ skills…

NNR November 11, 2021

MENA

GFH offloads US tech offices portfolio

MANAMA: GFH Financial Group announced the successful and early exit from its US Tech Offices Portfolio, which was acquired in 2019. The portfolio comprises a Class A Life Science office…

NNR November 8, 2021

MENA

Aramex plans diversification, expansion to remain resilient

ABU DHABI, UAE: Aramex, the Emirati multinational logistics company, plans further diversification and strengthen its global network to be resilient to deal with the challenges, such as supply chain disruptions.…

Ali Mirza November 7, 2021

MENA

Qatar First Bank acquires Ten West Corporate Center One in Houston

DOHA: Qatar First Bank announced the acquisition of Ten West Corporate Center One, a 199,000 square foot Class-A, impeccably-maintained and institutionally-owned office building located in Houston’s Energy Corridor. The property…

NNR November 7, 2021

MENA

GFH & Preylock acquire $2bn portfolio of Amazon designated warehouses

MANAMA, BAHRAIN: GFH Financial Group announced its successful investment, in partnership with Preylock Holdings, in a portfolio of high quality, income yielding logistics assets leased to Amazon. In a transaction…

NNR November 3, 2021

MENA

Bahrain’s Minister of Finance and National Economy to open 2nd Annual Mentorship Forum Middle East

MANAMA: Mentorship Forum Middle East (MFME) 2021 today announced that HE Shaikh Salman bin Khalifa Al-Khalifa, Minister of Finance and National Economy of the Kingdom of Bahrain, will open the…

NNR November 3, 2021

MENA

Yahsat and G42 to collaborate on remote sensing and geospatial analytics

ABU DHABI, UAE: Al Yah Satellite Communications Company, the UAE’s flagship satellite solutions provider, announced that its dedicated government arm, Yahsat Government Solutions (YGS) and G42, the leading UAE-based artificial…

NNR November 3, 2021