Abu Dhabi Judicial Department’s Auction App generated $925m in property sales
Abu Dhabi, UAE - Since its launch in June 2022 through mid-February 2024, the Abu Dhabi Judicial Department's (ADJD) Auction...
Business
Mawani completes Red Sea Gateway Terminal at Jeddah Islamic Port
Riyadh, Saudi Arabia - The Saudi Ports Authority, Mawani, announced the completion of the Red Sea Gateway Terminal at Jeddah...
Business
Cruises set to return to Abu Dhabi
In 2019, around 500,000 cruise visitors had arrived in the Emirate’s ports, marking a 46 percent increase compared to 2018...
POSist sees growth rebounding in the Gulf in 2021
Pent-up demand may lead to vigorous recovery in Gulf travel, tourism, hospitality sectors in the second half of 2021...
Dynabook Europe GmbH signs distribution deal with PC DealNet
PC DealNet to distribute B2B mobile computing products and services in UAE, Qatar, Bahrain, Oman, Kuwait, Lebanon and Jordan Formed...
Dubai repays $500-million government bond certificates with interest
The government said the Fixed Rate Note was issued on June 22 in 2011, and reached maturity on the same...
DubaiNow app adds two more health services from DHA
The services will help people get Premarital Certificates and generating a Medical Record Number The DubaiNow app already provides users...
Abu Dhabi announces resumption of cruise liners
In 2019, 500,000 cruise visitors arrived in the Emirate’s ports, a 46% percent increase compared to 2018 Abu Dhabi...
Creation of North American camel association will help the sector: ICO
Number of camel ranches has grown in North America in recent years International Camel Organization founder had campaigned for...
BahwanCyberTek and TIBCO extend strategic partnership
Partnership, which began in 2016, extended till 2027 BCT will continue to handle TIBCO requirements for all local customers in...
Moody’s and Fitch assign investment-grade credit ratings of Aa2 and AA to ADQ
ADQ, one of the largest holding companies in the region, have been assigned these long-term issuer credit ratings that...
Kennedys open Oman office to meet client demand in Middle East
Opening marks firm's second Middle East location after Dubai and makes it the only international insurance-focused law firm in the...
Abu Dhabi Judicial Department’s Auction App generated $925m in property sales
Abu Dhabi, UAE - Since its launch in June 2022 through mid-February 2024, the Abu Dhabi Judicial Department's (ADJD) Auction...
Business
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Ajman Bank, EIH ink deal
Economy
Hermes Q1 revenue at US$3.7bn Â
Business
Saudi Arabia, Japan issue joint statement on Lighthouse Initiative for Clean Energy Cooperation
RIYADH, SAUDI ARABIA – Saudi Arabia and Japan issued a joint statement on Lighthouse Initiative for Clean Energy Cooperation. The...
Geostrategy
Aramco, TotalEnergies achieve plastic-waste oil to polymer conversion
Riyadh, Saudi Arabia -- Aramco, TotalEnergies and SABIC have completed for the first time in the Middle East and North...
Business
Dubai posts 44 percent growth in business event bid wins in H1 2023
DUBAI, UAE – The city has registered a strong year-on-year growth of 44 percent in business event bid wins in...
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Business
DSCE gets ISO 50001, net-zero certifications for sustainable energy management
DUBAI, UAE - The Dubai Supreme Council of Energy (DSCE) has received the ISO 50001:2018 in energy management systems and...
- This followed a comprehensive assessment conducted by W3 Solutionz - USA through CanaGulf International Standardization.
- The audit process conducted by CanaGulf International Standardization was based on several guiding principles.
Business
Almarai to offer trust certificates
The issuance will be made under a $200m program.
- The company has mandated Citigroup, Dubai Islamic Bank, HSBC, J.P. Morgan and Standard Chartered Bank as joint lead managers.
- The issuance value will be determined later based on market conditions at that time, Almarai said.
Business
Standard Chartered sells Africa business
It sold the sub-Saharan Africa business to Access Bank.
- Last year, the bank decided to divest from a number of markets, in Lebanon, Angola, Cameroon, Gambia, Sierra Leone, Zimbabwe and Jordan
- The two entities will work together to ensure a seamless transition, with the transaction expected to be completed over the next 12 months