Company News

Alinma Bank hosts Fintech Forum

(Saudi Gazette - 12/10/2018 6:09:00 AM)

ALINMA Bank hosted its first-ever FinTech-focused event at the Four Seasons hotel in last Dec. 3, 2018. The gathering was hosted by the bank in partnership with FinTech Saudi and Alinma Investment Company, with the stated goal of raising awareness about ...

Adnoc awards onshore stake to ZhenHua Oil

(The Gulf Today - 12/10/2018 5:25:00 AM)

The Abu Dhabi National Oil Company (Adnoc) announced, on Sunday that the four per cent stake in its onshore concession, previously held by CEFC China Energy Company Limited (CEFC China), has been acquired by North Petroleum International Company Ltd, a ...

Burgan Bank appoints CEO for Kuwait

(Trade Arabia - 12/10/2018 5:22:00 AM)

Burgan Bank has announced today the appointment of Raed Al-Haqhaq as chief executive officer for its operations in Kuwait after obtaining approval from the Central Bank of Kuwait.

Al-Haqhaq played a vital role in shaping and executing the ...

Bank Sohar awards social media contest winners

(Oman Daily Observer - 12/9/2018 6:08:00 AM)

Following an exciting social media competition focused on the safety and wellbeing of student communities that witnessed thousands of participants, Bank Sohar recently invited at its head office in Muscat the 10 lucky winners of the ...

Omantel awards second Porsche

(Oman Daily Observer - 12/9/2018 6:06:00 AM)

Omantel has given away a Porsche Panamera, the 2nd grand prize of its ‘Recharge and Win’ promotion last week, in a ceremony held at Safeer Mall Suhar.

Saleh al Maimani, Senior Manager of Product Development at Omantel’s Consumer Business Unit, ...

National Bank of Oman celebrates Oman’s 48-year journey

(Oman Daily Observer - 12/9/2018 6:04:00 AM)

The National Bank of Oman (NBO) celebrated Oman’s 48 years of prosperity and peace. In a show of gratitude and appreciation, a special event was hosted for valued Sadara Privileged Banking, Corporate and Business Banking, Muzn Islamic Banking, and ...

Oman Cement plans $212m project in Duqm SEZ

(Oman Daily Observer - 12/9/2018 5:58:00 AM)

Oman Cement Company (OCC) — the Sultanate’s first cement manufacturing firm — has announced that it plans to go ahead with the establishment of an integrated cement project in the Duqm Special Economic Zone (SEZ) with an investment of around $212 million ...

RAK Properties completes construction of Gateway Residences

(The Gulf Today - 12/9/2018 5:57:00 AM)

RAK Properties, one of the UAE’s leading property development and tourism infrastructure companies, on Saturday celebrated completion of construction of the Gateway Residences at Al Raha Island, Mina Al Arab, Ras Al Khaimah (RAK). The landmark ...

Kuwait pulls license of Wataniya Airways

(Arab Times - 12/9/2018 5:47:00 AM)

Kuwait’s civil aviation authority has revoked the license of Kuwait National Airways, which is known as Wataniya Airways, for failing to address operational issues that led to delays and cancellations last summer, Al-Jarida reported on ...

Saudi Aramco to set up sustainable global energy hub

(Trade Arabia - 12/9/2018 5:43:00 AM)

State oil giant Saudi Aramco has launched a mega project, Spark, which has been designed to position the kingdom as a global energy hub that furnishes a dynamic, enabling environment for foreign and domestic investment.

The 50-sq-km energy city ...