Company News

MoT, Ooredoo to train and enhance skills of women

(Oman Daily Observer - 8/22/2017 5:52:00 AM)

The Ministry of Tourism (MoT) hosted a ‘Springboard’ programme workshop that was organised by Ooredoo Oman in collaboration with the British Council as part of a MoU signed between the Ministry and Ooredoo. The MoU aims to reinforce the partnership ...

CMA approved public offering of Alinma Makkah Real Estate Fund

(Tadawul - 8/21/2017 9:08:00 AM)

The CMA has issued its resolution approving the public offer, by "Alinma Investment Company", of "Alinma Makkah Real Estate Fund ". An Investment decision without reading the Terms and Conditions carefully or fully reviewing its content may involve high ...

Dana Gas moves to lift court injunction in sukuk case

(The National - 8/21/2017 7:13:00 AM)

Dana Gas, a Sharjah-based oil and gas exploration firm, has filed an application with the emirate’s Federal First Instance Court to lift an injunction, protecting it against claims related to its US$700 million Islamic bonds or sukuk. Dana, which is ...

Nakilat completes management transition of LNG vessels

(The Peninsula - 8/21/2017 6:00:00 AM)

Nakilat Shipping Qatar Limited (NSQL) a wholly owned subsidiary of Nakilat and Shell International Trading, and Shipping Company Limited (Shell), yesterday announced the completion of the first phase of what will be the world’s largest management ...

Commercial Bank appoints two new non-executive directors at ABank

(The Peninsula - 8/21/2017 5:58:00 AM)

The Board of Directors of The Commercial Bank , yesterday announced the appointment of Zafer Kurtul and Turgay G?nensin to the roles of non-executive directors at Alternatifbank (“ABank”). ABank is Commercial Bank’s 100 percent owned subsidiary in ...

Emaar spices up Dubai retail sector

(The Gulf Today - 8/21/2017 5:40:00 AM)

Emaar Properties on Sunday announced the launch of ‘Dubai Hills Mall,’ a family retail district located in the heart of Dubai Hills Estate, the 11 million sq m master-planned green oasis set in easy proximity to Al Maktoum International Airport and ...

Bahri winds up registration of ASLAF under Saudi flag

(Saudi Gazette - 8/21/2017 5:37:00 AM)

BAHRI, a global leader in transportation and logistics, announced that the Ministry of Transport under the supervision of the Public Transport Authority (PTA) has completed the registration of ASLAF, a Very Large Crude Carrier (VLCC) owned and operated ...

SABB in agreement to purchase SABB Takaful shares

(Tadawul - 8/20/2017 1:23:00 PM)

The Saudi British Bank (SABB) on 17 August 2017 has entered into an agreement with HSBC Asia Holdings BV and certain other wholly-owned subsidiaries of HSBC Holdings plc (together HSBC), to purchase HSBC combined 32.5% shareholding in SABB Takaful (the ...

SABB Takaful announces development in shareholding structure

(Tadawul - 8/20/2017 1:20:00 PM)

On 17 Aug 2017, SABB Takaful (the Company) was informed that HSBC Asia Holdings BV and certain other wholly-owned subsidiaries * of HSBC Holdings plc (together HSBC) have reached an agreement with the Saudi British Bank ( SABB) for the sale of their ...

Viva Bahrain named Asia’s Best Employer Brand

(Trade Arabia - 8/20/2017 6:31:00 AM)

Telecom provider Viva Bahrain has been named Asia’s Best Employer Brand Award 2017 in Le Meridien, Singapore, making it the only Middle Eastern telecom company recognized at this level for its HR value proposition. This award, which comes on the heels of ...