Company News

Union Insurance signs agreement to provide offers on Dewa Store

(The Gulf Today - 12/18/2018 6:35:00 AM)

Union Insurance, a leading provider of customer-focused insurance products to individuals and corporations in the Middle East, has partnered with Dubai Electricity and Water Authority (Dewa) to offer Dewa Store customers a tailored motor insurance ...

Adnoc Distribution opens first service station in Dubai

(The Gulf Today - 12/18/2018 6:34:00 AM)

Adnoc Distribution, the UAE’s largest fuel and convenience retailer, has opened its first service station in Dubai, located in Dubai Investment Park (DIP).

Commenting on the station opening, Adnoc Distribution Acting Chief Executive Officer ...

Bank of Sharjah, Invest Bank deny merger

(The Gulf Today - 12/18/2018 6:31:00 AM)

Bank of Sharjah and Invest Bank have denied the rumours about a possible merger between the two entities. In a disclosure to Abu Dhabi Securities Exchange, Bank of Sharjah said the news given by Reuters was published a year ago and was denied in a letter ...

Saudi Telecom Co. agrees royalty fees

(Arab News - 12/17/2018 7:29:00 AM)

Telecommunications operators Saudi Telecom Co., Etihad Etisalat (Mobily) and Zain Saudi Arabia said on Sunday that they had agreed with the government to a change in the calculation of their annual royalty fees.

The companies also said they had ...

Nakilat receives ‘Innovative Player of the Year’ Award

(The Peninsula - 12/17/2018 7:20:00 AM)

Nakilat received the “Innovative Player of the Year” Award by The Oil & Gas Year (TO&GY), in recognition of the company’s innovative pursuits towards sustainable growth. The award was personally presented to Nakilat Chief Executive Officer (CEO) Abdullah ...

Aramex launches crowdshipping solution in Saudi Arabia

(Trade Arabia - 12/17/2018 6:48:00 AM)

Aramex, a leading global provider of comprehensive logistics and transportation solutions, has announced the launch of ‘Aramex Fleet’, a crowd-based delivery platform that connects Saudi nationals to flexible last mile delivery work to leverage on Saudi ...

ENBD launches facility for low-vision customers

(Trade Arabia - 12/17/2018 6:47:00 AM)

Emirates NBD (ENBD), a leading bank in the Middle East region, has announced the introduction of Traveller HD, an assistive technology designed to enhance the branch experience for customers with low vision.

Emirates NBD branches in Dubai ...

Sabic, UK firm sign deal for recycled feedstock

(Trade Arabia - 12/17/2018 6:45:00 AM)

Sabic, a global leader in the chemical industry, has signed a memorandum of understanding (MoU) with UK-based Plastic Energy, a pioneer in chemical plastics recycling, for the supply of feedstock to support Sabic’s petrochemical operations in ...

Milaha picks Dutch consultancy for shipyard upgrade

(Trade Arabia - 12/16/2018 6:51:00 AM)

Qatar Navigation (Milaha), a leading maritime and logistics conglomerate, has selected Royal HaskoningDHV, a leading independent, international project management and engineering consultancy firm based in the UK and the Netherlands, for upgradion of its ...

Saudi Aramco, Raytheon in deal to set up cybersecurity JV

(Trade Arabia - 12/16/2018 6:41:00 AM)

State oil giant Saudi Aramco said it has signed an agreement with global technology and innovation leader Raytheon Company to set up a joint venture aimed at providing best-in-class cybersecurity services across the region.

Raytheon Company is ...