Company News

Hokair announces a new Murabah Agreement with Alrajhi Bank

(Tadawul - 8/23/2017 11:21:00 AM)

In an effort of rebalancing its debt exposure especially the Short Term portion, Fawaz Abdulaziz Al Hokair & Co. signed a new Murabaha Agreement with Alrajhi Bank under the following terms: 1.The Murabaha was signed on Tuesday 22nd of August 2017 ...

Alba Line 6 project achieves 2m man-hours without LTI

(Trade Arabia - 8/23/2017 7:42:00 AM)

Aluminium Bahrain (Alba), the Bahrain-based international aluminium smelter, has reached an outstanding safety milestone with the Line 6 Expansion Project achieving 2,080,693 safe man-hours without lost time injury (LTI) on July 31. This achievent by the ...

QIB signs QR1.6bn financing deal with AlJaber Engineering

(Gulf Times - 8/23/2017 5:51:00 AM)

Qatar Islamic Bank (QIB) has signed a QR1.6bn financing deal with AlJaber Engineering (JEC), which will support JEC’s current project to execute the design and construction of strategic food security facilities and warehouses at Hamad Port. The agreement ...

Commercial Bank wins best franchise award from Diners Club Internation

(The Peninsula - 8/23/2017 5:46:00 AM)

Commercial Bank yesterday announced that it has been awarded the ‘Best Small Franchise in Europe, Middle East and Africa’ by Diners Club International at an exclusive event in Switzerland attended by Diners Club franchise holders and Diners Club senior ...

Bank Nizwa leads banking sector growth rate in H1

(Oman Daily Observer - 8/23/2017 5:41:00 AM)

Bank Nizwa achieved the highest growth rate in Oman’s banking industry reaching 200 per cent after tax during the first half of 2017. The bank’s milestone was achieved courtesy of a surge in total assets, which reached RO 613 million at the end of June ...

NCB sets up Investor Relations Department

(Saudi Gazette - 8/23/2017 5:24:00 AM)

NCB launched a new investor relations (IR) Department within the bank’s Strategy & Business Development Group. With the new IR program, NCB aims to strengthen its relationship with the domestic and international investment community. Mansour S. Al ...

Zain Bahrain to offer social media training courses

(Trade Arabia - 8/22/2017 7:22:00 AM)

Zain Bahrain, a leading telecom provider in the kingdom, is partnering with Social Media Club Bahrain to offer the club’s Social Media Clinic programme to the public. The courses will be held once a month at Zain Tower in the Seef District for a period ...

Emaar announces plans for new Dubai Hills Mall

(Trade Arabia - 8/22/2017 6:17:00 AM)

Emaar Properties has unveiled plans to build a new mall in the Dubai Hills Estate, one of the largest master-planned communities being developed in Dubai, UAE, in joint venture with Meraas. Scheduled to open in late 2019, Dubai Hills Mall will feature 2 ...

Doha Bank CEO receives ‘Global Excellence Award in Renewable Energy’

(Gulf Times - 8/22/2017 6:11:00 AM)

The Energy and Environment Foundation has bestowed the ‘Energy and Environment Foundation 2017 Global Excellence Award in Renewable Energy’ to Doha Bank CEO Dr R Seetharaman, it was announced in a statement. Seetharaman received the award during the 8th ...

DSI subsidiary awarded Dh175m contract

(Gulfnews - 8/22/2017 5:56:00 AM)

Drake & Scull International, the Dubai-listed contractor, confirmed on Monday its subsidiary, Gulf Technical Construction, was awarded a Dh175-million-contract to build a project in Dubai’s Business Bay. The award was by Orion Real Estate to build the ...

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