Bahrain Bourse adopts Global Industry Classification Standard (GICS) for listed companies
MANAMA, BAHRAIN: Bahrain Bourse will adopt the Global Industry Classification Standard (GICS) for listed companies effective as of 11th July 2021, a news release said....
GFH acquires US based student housing portfolio
MANAMA, BAHRAIN: GFH Financial Group has signed to acquire a $100 million student housing portfolio affiliated to top rated universities located in the United States,...
DP World acquires Imperial Logistics for $890 million
DUBAI, UAE: DP World has entered into a transaction implementation agreement regarding cash offer of ZAR66 per share to acquire all outstanding shares of JSE listed Imperial Logistics,...
DP World acquires syncreon for an enterprise value of $1.2 billion
DUBAI, UAE: DP World announced the acquisition of 100 per cent of syncreon for an enterprise value of $1.2 billion. This transaction is subject to...
Shelf Drilling gets Total E&P Nigeria contract for the Baltic
DUBAI, UAE: Shelf Drilling Ltd. has secured a contract for the Baltic jack-up rig with Total E&P Nigeria Limited for operations offshore Nigeria, a news...
GFH Financial buys FedEx logistics facility in Ohio for $100 million
MANAMA, BAHRAIN: GFH Financial Group (GFH) has bought a US-based warehousing and distribution logistics facility situated in Ohio and fully leased to FedEx Inc. in...
Emirates expands operations across its network to serve strong summer demand
DUBAI, UAE: Emirates is ramping up its operations and expanding services across its network to meet strong leisure travel demand over the summer, as entry...
TotalEnergies with Qatar Petroleum win two new shallow water exploration licenses
PARIS, FRANCE: TotalEnergies and its partner Qatar Petroleum have been awarded Block 6 and Block 8 in the Suriname SHO Bid Round 2020/2021, a news...
Bedaya Mortgage Finance launches Egypt’s first non-bank mortgage online platform
CAIRO, EGYPT: Bedaya Mortgage Finance Co., Egypt’s first non-bank online mortgage provider, has launched Egypt’s first non-bank mortgage finance mobile application and online platform, which...
Bahrain Bourse collaborates with Oxford Business Group
MANAMA, BAHRAIN: Bahrain Bourse (BHB) has announced collaboration with Oxford Business Group (OBG) to produce a series of individual reports and other research tools to...
GFH Capital Limited offloads US Industrial Portfolio
DUBAI, UAE: GFH Capital Limited (GCL), a fully owned subsidiary of GFH Financial Group, has signed agreements to exit from its US Industrial Portfolio I and II...
SHUAA to launch new digital wealth platform to serve high net worth individuals
DUBAI, UAE: SHUAA Capital psc announced its intention to launch a new Digital Wealth Platform to serve existing clients as well as the next generation...