Saudi Chemical Co announces dividend
The company will distribute $11,385,120 to its shareholders.
Ducab 2022 revenues up 19%
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Lego to gain market share
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ADIB to pay $462m cash dividend
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TAQA, GS Inima and EWEC seal deal
Abu Dhabi's Shuweihat 4 desalination project secures $444 million.
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KEZAD, Emtelle ink agreement
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EGA posts $2 billion profit
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stc to sell stake in CCC
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Novo Nordisk earns the Best Place To Work certification in Kuwait for 2021
Best Places to Work is considered as the ‘Platinum Standard’ in identifying and recognizing top workplaces Novo Nordisk Kuwait wins...
French investigators probe Renault-Nissan’s ex-boss Ghosn in Lebanon
Ghosn faces scrutiny centring on alleged improper financial interactions with Renault-Nissan's distributor in Oman He has long maintained that he...
UAE tells firms to disclose identity of owners or face action
The companies must come clean by next month The ultimatum was delivered by Safia Al-Safi, the director of the Anti-Money...
Nichole Miranda is SOCIATE’s Communications Strategist
SOCIATE is a communications agency headquartered in Dubai  Miranda heads the SOCIATE UK office from London Copywriting specialist, Nichole...
Uber appoints new GM for MENA, Pakistan region
Pall will lead the next phase of growth for Uber’s ride-sharing business across the region
Kuwait Finance House launches wellness program for staff
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Saudi Arabia allows a Spanish solar power firm to set up plant in the kingdom
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Delivery of 500 condos built by Azizi Developments will be made next month
The residential units comprise 334 studios, 48 one- and 94 two-bedroom apartments, and 10 spacious, luxurious sky villas The condominiums...
Alpha Dhabi Holding acquires key UAE hospitality group
Murban is a leading investment company based in Abu Dhabi with Dh1.7 billion in equity The acquisition will help accelerate...
ADNOC raises $1.64 bn from share, bond offering
The Combined Offering results in proceeds of $1.64 billion for ADNOC ADNOC will retain at least a 70 percent strategic...
Saudi Chemical Co announces dividend
The company will distribute $11,385,120 to its shareholders.
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East Pipes, Banque Saudi Fransi ink pact
Funds will be used to finance working capital for projects.
- The agreement is worth US$293 million (SAR 1.1 billion).
- AÂ promissory note of $306 million was provided to guarantee the credit facility.
Business
QatarEnergy, ENOC sign supply pact
QE will supply up to 120m barrels of condensates to ENOC from Jul.
- The terms of the agreement allow parties to further increase the condensate volumes under the contract.
- The agreement was signed by Qatar Petroleum for the Sale of Petroleum Products Company Ltd. (QPSPP) and ENOC Supply and Trading, a subsidiary of ENOC.
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Ant Group to buyback shares
Share buyback plan values Ant Group at $78.5 billion.
- The China Securities Regulatory Commission (CSRC) on Friday slapped a $984 million fine on Ant and its subsidiaries "in view of... illegal and irregular acts".
- Ant operates Alipay, the world's largest digital payments platform, which boasts hundreds of millions of monthly users in China and beyond.