ADQ to buy 50% stake in IHC’s Eltizam Asset Management for 111.6mn
ABU DHABI, UAE: Abu Dhabi-based International Holding Company (IHC) has entered into a strategic partnership with ADQ, one of the region’s largest holding companies, for...
Al Salam Bank plans to acquire group of assets from Ithmaar Holding
MANAMA, BAHRAIN: Al Salam Bank-Bahrain has signed a memorandum of understanding and entered into discussions with Ithmaar Holding to acquire a group of assets from...
Qatar to ship even more LNG to China
DOHA, QATAR: Qatar Petroleum has signed a 15-year LNG supply deal with China National Offshore Oil Corporation (CNOOC) for 3.5 million tons/year from 2022....
meem by Gulf International Bank Wins “Best Islamic Digital Bank 2021”
MANAMA: Gulf International Bank B.S.C. (GIB) announced that meem, its digital retail banking arm, has been named “Best Islamic Digital Bank 2021” at the 11th...
SHUAA to deliver £2bn worth of property developments in London
DUBAI, UNITED ARAB EMIRATES: SHUAA Capital plans to complete and deliver £2 billion worth of property projects in London through its wholly-owned subsidiary Northacre, within...
Bahrain Bourse collaborates with Instinctif Partners to develop IR best practice
BAHRAIN: Bahrain Bourse signed Memorandum of Understanding (MoU) with Instinctif Partners MENA, an international business communications consultancy and Investor Relations (IR) advisory. The collaboration seeks...
Amanat sells 13.13% stake in International Medical Center for SAR 443mn
DUBAI, UAE: Saudi Healthcare and Education Fund, a private investment fund established in the Kingdom of Saudi Arabia, has sold its minority equity interest representing...
Al Seer Marine unveils next generation autonomous surface vessel
ABU DHABI, UAE: Al Seer Marine, the leading marine company in the Middle East Region and is a subsidiary of International Holding Company (IHC), unveiled...
Technip and NPCC to advance energy transition in UAE, MENA
PARIS, FRANCE: Technip Energies and National Petroleum Construction Company (NPCC), a subsidiary of National Marine Dredging Company, have signed a Memorandum of Understanding (MoU) to...
Emiratesis launching new technical solution for cargo shipments
DUBAI, UAE: Emirates SkyCargo is launching a new technical solution for its customers that will enhance user experience and the efficiency of the booking process...
Huawei to invest $15mn in Middle East
DUBAI, UAE: Huawei plans to invest $15 million over the next three years in a newly unveiled HUAWEI CLOUD Oasis Program aimed at accelerating the...
Gulf Coast Growth Ventures commissions start-up of petrochemical JV
RIYADH, KSA: Saudi Basic Industries Corporation (SABIC) has commenced commissioning activities and preparations for initial start-up of the joint venture project with Exxon Mobil in...