Company News

BankDhofar wins ‘Best Mobile App’ from Pan Arab Web Awards 2018

(Oman Daily Observer - 5/17/2018 2:44:00 AM)

In appreciation of its commitment to employ state-of-the-art technology and to ensure convenient banking experience backed with high level of security measures, BankDhofar has received the ‘Best Mobile App” from Pan Arab Web Awards 2018.

The ...

Noor Bank rings bell to celebrate listing of a USD 500 million Sukuk on Nasdaq Dubai

(Media Office Dubai - 5/17/2018 2:38:00 AM)

John Iossifidis, Chief Executive Officer of Noor Bank, one of the leading Shari’a compliant banks in the UAE, today rang the market-opening bell to celebrate the listing of a 500 million US dollar Sukuk on Nasdaq Dubai.

The capital raised ...

Mobily changes network name to ‘Ramadan Kareem’

(Trade Arabia - 5/17/2018 2:28:00 AM)

Etihad Etisalat (Mobily), a top telecom provider in Saudi Arabia, has ushered in the month of Ramadan by changing its network name to “Ramadan Kareem.”

Saudi talent at Mobily have been innovative and creative in how they engage customers on a ...

Adnoc, Ravago discuss chemical project collaboration

(Trade Arabia - 5/17/2018 2:27:00 AM)

The Abu Dhabi National Oil Company (Adnoc) said it has signed a Memorandum of Understanding (MoU) with Ravago Group (Ravago), a leading service solutions provider in the global polymers and chemicals market, to explore opportunities for cooperation at ...

SABB, Alawwal in deal to create Saudi's third largest bank

(Trade Arabia - 5/17/2018 2:23:00 AM)

Saudi British Bank (SABB) has reached an agreement to merge with Alawwal Bank that would create Saudi Arabia’s third-biggest bank with assets of around $77 billion.

One of the kingdom's leading financial institutions, SABB is 40 per cent owned ...

Burgan Bank wins prestigious award

(Arab Times - 5/17/2018 2:22:00 AM)

Burgan Bank, a dynamic and progressive Kuwaiti bank, was recently awarded one of the best ‘Regional Problem Solver’ awards in recognition of the exceptional solutions addressing potential challenges by its respective Call Center.

Dedicated to ...

Amanat's first quarter net profit rises 10.7% on higher income from associates

(The National - 5/16/2018 8:44:00 AM)

Amanat Holdings said first quarter net profit rose 10.7 per cent increase thanks to higher income from associate companies. The Dubai-listed firm said net profit attributable to equity holders rose to Dh14.4m from the year-earlier period, according to a ...

Adnoc, Morocco's OCP explore fertiliser joint venture

(The National - 5/16/2018 8:42:00 AM)

Abu Dhabi National Oil Company and Morocco’s OCP Group, the world's largest phosphate exporter, have signed an agreement to look at the phased creation of a fertiliser joint venture with plants in the UAE and the North African country.

“The ...

Investcorp establishes platform to enter German dental sector

(Times of Oman - 5/16/2018 8:39:00 AM)

Investcorp, a leading global provider and manager of alternative investments, on Tuesday announced that it has established a platform to enter the highly fragmented German dental sector.

As its initial investment, Investcorp has acquired ...

Aldar announces Dhs668m net profit for Q1

(The Gulf Today - 5/16/2018 8:11:00 AM)

Aldar Properties, has announced it delivered a net profit of Dhs668 million for the first quarter (Q1) of 2018, up 4 per cent from same period last year’s Dhs641 million.

Commenting on the results, Talal Al Dhiyebi, Chief Executive Officer of ...