Business - TRENDS MENA

India is embarking on the blockbuster listing of the country’s largest insurer as part of a wider privatization drive to...
After the listing, which is expected in March, LIC will be one of India’s biggest publicly listed companies alongside giants such as Reliance and TCS
The company holds a two-thirds share in the domestic life insurance market. It manages assets of 36.7 trillion rupees ($491 billion)
For the second time this year, the Saudi government will issue riyal-denominated sukuk for the year, seeking to take advantage...
The local issuance comes amid rising demand for both international and domestic fixed income markets that provide safe and guaranteed returns
Countries are resorting to fixed income instruments to settle budget obligations in a bid to fuel economic recovery
The company will provide enhanced managed services to the UAE government.
The agreement augments the previous operations and maintenance services provided, to include technology management support, from Jan 2022 until the end of 2026.
Yahsat has been providing operations and maintenance services since 2011 on its first two satellites, Al Yah 1 and Al Yah 2.
Nawy, a Cairo-based property dealer, obtained a seed funding round of $5 million, led by the Sawiris family office.
Nawy is focused on capitalizing on digital technologies and expanding the business to create an informed and transparent decision-making process for its customers
“We were one of the initial investors in Nawy because we saw the company's potential,” said Onsi Naguib Sawiris, who leads the family office
Apollo-managed funds and clients will invest $1.4bn in Aldar.
A total of $500 million would be invested into a land joint venture, $500 million are meant as perpetual Subordinated Notes issued by Aldar Investment Properties.
Aldar said the land joint venture will allow it to realize long-term value tied up in its vast landbank while maintaining flexibility to develop or sell the land.
Jafza is home to some of the world’s leading brands, including Unilever, Nestle, Heinz, McCain, Hunter Foods, Alokozay Group of...
Jafza is home to some of the world’s leading brands, including Unilever, Nestle, Heinz, McCain, Hunter Foods, Alokozay Group of Companies, Al Khaleej Sugar, Bayara, to name a few
The F&B markets account for an annual increase of 3.8 percent, and the Middle East and Africa region are positioned as global gateways for Halal industries
One in every 40 Jordanians is an engineer, making Jordan the country with the most engineers per capita globally.
One in every 40 Jordanians is an engineer, making Jordan the country with the most engineers per capita globally
Ahmad Zu'bi, who is the President of the Jordan Engineers Association, said Saudi Arabia and its companies in various engineering fields appreciate Jordanian engineers
The company lays 394 kms of Fibre Optic ducts in 2021.
The company increased the total length of these cable ducts since 2015 and until the end of last year to 3,275 kilometres
The external FO ducts protect and direct all Fibre Optic Cables in communication, data transfer and remote operations.
More than 50,000 coffee shops and restaurants scattered all over the kingdom help Saudi economy relish growth on the back...
Last November, the Saudi Central Bank said that consumers in the kingdom spent more than $320 million on F&B, followed by $320 million on cafes and restaurants
According to the Saudi Ministry of Commerce statement, the ministry granted 7,322 business licenses in the restaurant and cafe activities alone last year
The offer comprised a total of 6.3 million shares.
This came after the initial public offering of the company was 71.8 times oversubscribed, setting the final offer price at SR80 ($21.3)
SNB Capital, as the financial advisor of the offer, led the book-building process, which started on Jan. 11 and ran through Jan. 17