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TAQA secures $2.31bn loan

It will be utilized in a phased manner.

Aramco signs $11bn deal

The deal involves its Jafurah gas facilities.

TAQA H1 net income $1bn

The group's revenue reached $7.73 billion.

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The company’s revenue reached $2.43bn

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Revenue grew by 24% to $7.38 billion.

Emirates Post names new chairman

  • Badr Al Olama is the current executive director of the UAE Clusters at Mubadala’s Investment Company
  • He also spearheads the organizing committee of the UN-backed Global Manufacturing and Industrialization Summit

The Emirates Post Group Company or EPGC has announced that Badr Al Olama has been appointed its new chairman.

With Al Olama at the helm, the UAE’s postal authority is expected to continue its diversification, digitalization, and expansion efforts, the EPGC said in a statement.

An expert with knowledge in various sectors, Al Olama is said to have held leadership positions across various companies and organizations.

He is the current executive director of the UAE Clusters at Mubadala’s Investment Company.

He also spearheads the organizing committee of the Global Manufacturing and Industrialization Summit or GMIS.

It is a collaborative platform established jointly by the UAE and the United Nations Industrial Development Organization or UNIDO.

Al Olama also holds the post of chairman of Strata Manufacturing and the Sanad Group, besides while serving at Mubadala Health, Shuaa Capital, Oumolat Security Printing, and Al Yah Satellite Communications Company, which is also known as Yahsat.

The EPG statement quoted Al Olama as saying about his appointment: “I am confident that, as a team, we can make a substantial contribution to the diversification of the nation’s knowledge and innovation-based economy, as well as drive sustainable growth towards the next 50 years.”

On the topic of continuing where his predecessor in the EPG left off, he said the company would “continue to pursue a strategic and innovative approach” for growth and transformation.