Helbiz launches e-scooters in Alexandria and Arlington, Virginia
ARLINGTON: Helbiz, a global leader in micro-mobility, has begun operating e-scooters across two cities in Virginia: Alexandria and Arlington. Starting today, 200 e-scooters will be...
Dubai Financial Market (DFM) appoints Hassan Al Serkal as Chief Executive Officer
DUBAI: The Dubai Financial Market (DFM) Company (PJSC) today announced that its Board of Directors has approved during its meeting today, Monday 27th July 2020...
Dubai Financial Market posts 21% increase in net profit for 1HFY20
DUBAI: Dubai Financial Market (PJSC) announced its financial results for the first half of the year ending 30 June 2020, registering a 21% increase in...
Cleo expands global reach into Australia through partnership with Ajna Consulting
SYDNEY: Cleo and Ajna Consulting announced a new partnership that will help companies in supply chain-dependent industries in Australia optimise their business operations through deployment...
Huawei and RAIN partner to jointly launch first standalone 5G network in Africa
BEIJING: Rain, South Africa’s data-only mobile network launched its first Standalone 5G (SA 5G) network in the country. Powered by Huawei, this is the first...
IHIG Pakistan expands its portfolio to build shopping malls
KARACHI: International Hospitality Investment Group (IHIG) Pakistan, a subsidiary of IHIG UK, announced expansion of its portfolio to build shopping malls, with the fractional ownership...
USDOT unveils guidance document for regulation of hyperloop in the United States
WASHINGTON: Today, US Department of Transportation (USDOT) Secretary Elaine Chao and the Non-Traditional and Emerging Transportation Technology (NETT) Council unveiled the guidance document on a...
Bahrain Bourse commences subscription in BHD 150 million issue of Government Development Bond
BAHRAIN: Bahrain Bourse (BHB) announced that as of Thursday, 23rd of July 2020, Bahraini and Non-Bahraini investors could directly subscribe through the primary market of...
Emirates Integrated Telecommunications posts net income of AED 570
DUBAI: Emirates Integrated Telecommunications Company (EITC) reported revenues of AED 5.66 billion and a net income of AED 570 million for the first half of...
Al Salam Bank partners Bahrain Bourse and Central Bank of Bahrain on new Shari’a-compliant asset-trading framework
MANAMA: Al Salam Bank-Bahrain (Al Salam Bank) has signed an agreement with the Bahrain Bourse and Central Bank of Bahrain (CBB) to offer an innovative...
Target Engineering gets SAR 200 million contract from Saudi Aramco
DUBAI: Arabtec Holding PJSC, a leading contractor for social and economic infrastructure, announced that its wholly-owned subsidiary, Target Engineering Construction Company, has been awarded around...
Emirates NBD reports 45% decline in net profit to AED 4.1 billion
DUBAI: Emirates NBD, a leading banking group in the region, delivered a net profit of AED 4.1 billion for the first half of 2020 ending...