TAQA sells its stake in Atrush oil field to General Exploration Partners
ABU DHABI: Abu Dhabi National Energy Company PJSC (TAQA), via its fully-owned unit TAQA International BV, has signed final deals with General Exploration Partners Inc....
Tabuk Agricultural Development Company appoints new CEO; unveils 2024-2030 strategy
RIYADH: Tabuk Agricultural Development Company has announced the appointment of Eng. Yahya Ahmed Mubaraki as CEO of the company, effective 1st April 2024 AD. Engineer...
Abu Dhabi Commercial Bank expands into the Kingdom of Saudi Arabia
ABU DHABI: Abu Dhabi Commercial Bank (ADCB) is establishing a strategic presence in Saudi Arabia, leveraging its strong balance sheet and sophisticated corporate banking capabilities...
Al Moammar Information Systems to invest 40 million riyals in AI sector
RIYADH: Al Moammar Information Systems Company, a leading provider of IT solutions and services in Saudi Arabia, has decided to allocate 40 million Saudi riyals...
Dubai Investments launches first mixed-use project in Africa
DUBAI: Dubai Investments, a leading investment company in the UAE, has announced its first flagship mixed-use development in Africa – the Dubai Investments Park (DIP)...
Aldar Properties invests AED 1 billion in UAE logistics sector
ABU DHABI, UAE: Aldar Properties, the UAE’s leading real estate developer, investor, and asset manager, has announced a AED 1 billion investment to expand its...
ADNOC Drilling and Alpha Dhabi launch JV to invest in energy tech
ABU DHABI, UAE: ADNOC Drilling Company and Alpha Dhabi Holding have formed a joint venture (JV) to pursue global investments in energy technology and services....
2PointZero appoints Sheikh Zayed bin Hamdan as Chairman, Mariam Almheiri as CEO
ABU DHABI: 2PointZero, a subsidiary of International Holding Company (IHC), announced the appointment of H.H. Sheikh Zayed bin Hamdan bin Zayed Al Nahyan as Chairman...
Public Investment Fund invests in Saudia Technic
JEDDAH, SAUDI ARABIA: The Public Investment Fund (PIF) announced the signing of an agreement to invest in Saudia Technic, a subsidiary of Saudia Group.Formerly known...
Taiba Investment Co. announces new CEO and Managing Director
RIYADH: Taiba Investment Co., a leading Saudi company in the fields of real estate, hospitality, and tourism, has announced the appointment of Mr. Sultan bin...
Petro Rabigh announces unplanned shutdown of High Olefins Fluid Catalytic Cracker
Riyadh: Due to an unexpected issue, the High Olefins Fluid Catalytic Cracker (HOFCC) at Petro Rabigh has been shut down for urgent maintenance. The company...
Emirates Stallions Group acquires 60% stake in AFKAR Financial & Property
DUBAI: Emirates Stallions Group (ESG), a global investment, engineering, and construction solutions company and a subsidiary of International Holding Company (IHC), has announced the acquisition...