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 13.13% of the shares in…

NNR September 26, 2021

MENA

Al Seer Marine unveils next generation autonomous surface vessel

Monaco Yacht Show 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 its next…

NNR September 22, 2021

Euronext MENA

Technip and NPCC to advance energy transition in UAE, MENA

Technip Energies and NPCC will create a Joint Venture (JV) to drive the energy transition journey. PARIS, FRANCE: Technip Energies and National Petroleum Construction Company (NPCC), a subsidiary of National…

Ali Mirza September 22, 2021

MENA

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 for cargo shipments. Working with…

NNR September 21, 2021

MENA

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 development of technology enterprises and…

NNR September 20, 2021

MENA

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 the U.S. Gulf Coast. nMobil…

Bernice Miles September 19, 2021

MENA

Eng. Saleh Al-Sharafi appointed CEO of Waseef Company

DOHA, QATAR: Barwa Real Estate Group announced the appointment of Eng. Saleh Abdullah Al-Sharafi as CEO of Al-Wasef Asset Management Company "Wasif", which is wholly owned by Barwa Real Estate…

Ali Mirza September 19, 2021

MENA

Ooredoo & CK Hutchison agree $6bn merger of Indonesian businesses

DOHA, QATAR: Ooredoo Group and CK Hutchison Holdings have signed definitive transaction agreements for the proposed merger of their respective telecommunications businesses in Indonesia, PT Indosat Tbk (Indosat Ooredoo) and PT Hutchison 3 Indonesia (H3I).…

NNR September 17, 2021

MENA

DP WORLD to invest £300mn London Gateway logistics hub

DUBAI, UAE: DP WORLD will begin work next month on a new fourth berth at its London Gateway logistics hub to increase supply chain resilience and create more capacity for…

NNR September 16, 2021

MENA

Hutchison to run dry port and bonded logistics in SPARK industrial city

HONG KONG: King Salman energy Park (SPARK) and Hutchison Ports signed a shareholders’ agreement for the formation of a joint venture to manage and operate the dry port and bonded…

NNR September 15, 2021

MENA

Arabian Centres Company announces opening of Jeddah Park Centre

JEDDAH, KSA: Arabian Centres Company announced the opening of Jeddah Park centre located on Prince Muhammad Bin Abdulaziz Road in Jeddah on Thursday 09th September 2021, to be the 22nd…

NNR September 12, 2021