The bank would initiate a share buyback of up to US$2 billion.
"We continue to capitalize on the promising opportunities in this market through innovative offerings and solutions, while strengthening our substantial...
The Riyadh-based firm has appointed Solaiman Abdulaziz Altwaijri as its CEOHadsbjerg resigned for "personal reasons", and also left the company's board, according to a bourse statement
The National Agricultural Development Company is one of the biggest agricultural and food-processing share stock companies in the MENA region
Feras Bin Ghassab Al-Harbi has held several leadership positions.The company took the decision after resignation of its previous CEO.
The new CEO is already working with Amiantit Co. as the Group CFO.
The Federation of Bangladesh Chambers of Commerce and Industries, or FBCCI, will launch a UAE-Bangladesh Business Council next month to...Bangladesh’s Prime Minister Sheikh Hasina is likely to launch the business council
The business council is expected to strengthening the trade relations with the UAE
Bahrain's Minister said the private sector plays a key role in strengthening bilateral relations, as it boosts the volume of...Bahrain's Minister stressed the importance of attracting more expertise and investments.
He also highlighted the incentive packages provided by Bahrain for overseas investors.
Bahrain-based Islamic investment bank GFH Financial Group intends to list on the Saudi stock exchange, Tadawul, and Abu Dhabi Securities...The financial group will reportedly discuss the option with its shareholders at the general meeting
The company said shareholders will mandate the board of directors to complete the listing process
Divetech is a UAE-based topside-subsea solutions provider.The acquisition will be fully funded from AD Ports Group’s existing cash reserves.
Divetech delivered revenue of AED 87 million and EBITDA of AED 20 million in 2021.
Shurooq is currently considering in several Arab and Gulf Cooperation Council (GCC) countries, including Egypt, Saudi Arabia, Oman and Qatar,...Shurooq has received a proposal to establish similar entities to Sharjah Sustainable City in Australia and the US.
It is now engaged in tourism, environment, transport and project management sectors and will soon invest in health, education and robotics.
The UAE has approved a $3.26 billion housing loan budget for Sheikh Zayed Housing Program in a cabinet meeting on..."The aim is to fulfil accumulated and expected requests and reduce the waiting period during the coming years", said Sheikh Mohammed bin Rashid
He said the cabinet also approved the establishment of the Emirates Council for Balanced Development to develop plans, implement projects and build government-private partnerships
Qatar Airways on Monday accused aviation giant Airbus of blocking efforts to settle their billion-dollar dispute over the safety of...The airline, which has now grounded 22 of its 53 A350 jets since November 2020, said it was determined to plough ahead with legal action seeking $610 million in compensation
While they fight in the London courts, Airbus has in turn sought to cancel orders made by Qatar Airways for two other A350 jets and 50 A321neo planes
Emirates Global Aluminium, or EGA, has posted a 1,140 percent jump in net profit to $1.5 billion for 2021.The company's record earnings were attributed to a strong global aluminum market after economies recovered from COVID-19, as well as higher production, sales, and prices
“These record results show that our preparations for the next stage of our corporate journey are nearing completion,” Abdulnasser bin Kalban, CEO of EGA said
