Company News

Etisalat to provide home insurance solution

(Trade Arabia - 12/13/2018 7:04:00 AM)

Etisalat today announced a new insurance offering - ‘Home Protection Plan’ for all eLife home customers to provide a hassle-free option, making sure all household goods are insured for just Dh10 per month.

The new insurance plan provides ...

Gulf Bank’s Al-Ali becomes first Kuwaiti AGM to lecture at IBS

(Arab Times - 12/13/2018 6:54:00 AM)

Gulf Bank is proud to announce its participation in a training workshop organized by the Kuwait Institute of Banking Studies, inviting Gulf Bank’s Bader Al-Ali, Assistant General Manager – Operations, as the key lecturer of their new certification ...

ACWA Power, ECOHZ collaborate to empower the local communities

(Saudi Gazette - 12/12/2018 7:09:00 AM)

ACWA Power, a global leader in water desalination and power generation, recently collaborated with key player in energy sector, ECOHZ, that offers global renewable energy solutions to businesses, organizations and electricity providers, to empower local ...

Aramco inaugurates $1.6bn energy and industrial park

(The National - 12/12/2018 7:03:00 AM)

Saudi Aramco, the world’s biggest crude producing company, inaugurated an industrial park on Monday in Saudi Arabia's oil-rich eastern province that will cost $1.6 billion in its first phase, as the kingdom seeks to create more jobs.

The King ...

Adnoc announces crude oil reductions for January

(Gulf News - 12/12/2018 6:50:00 AM)

Abu Dhabi National Oil Company (Adnoc) would be reducing crude oil allocations for January in line with the recent Opec decision to cut production to rebalance oil markets.

In a tweet, Suhail Mohammad Faraj Al Mazroui, Minister of Energy and ...

Bank Muscat wins Best Consumer Digital Bank in Oman award

(Oman Daily Observer - 12/12/2018 6:48:00 AM)

Bank Muscat, the flagship financial services provider in the Sultanate has won the Best Consumer Digital Bank in Oman award by Global Finance. Winning banks were selected based on the criteria, including strength of strategy for attracting and servicing ...

UIC develops AI-empowered insurance system

(The Gulf Today - 12/12/2018 6:47:00 AM)

Union Insurance Company (UIC), a leading provider of customer-focused insurance products to individuals and corporations in the Middle East, has developed an artificial intelligence (AI) system to issue motor policies in less than one-minute for the ...

Sharjah Finance Department, SIB sign deal

(The Gulf Today - 12/12/2018 6:45:00 AM)

Sharjah Finance Department (SFD) signed an agreement with Sharjah Islamic Bank (SIB) to cooperate in banking services to be provided to clients of both sides, in the context of Making the payment service easier to the clients and enabling them to pay ...

Emaar launches China operations

(The Gulf Today - 12/12/2018 6:42:00 AM)

Emaar, the developer of the iconic Burj Khalifa and the upcoming Dubai Creek Tower, has commenced business development operations in China. This follows the announcement in July of the company’s expansion to the country, coinciding with the coinciding ...

Air Arabia launches flight to Prague

(Trade Arabia - 12/12/2018 6:40:00 AM)

Air Arabia today launched its inaugural flight to a new European destination, Prague in Czech Republic, direct from Sharjah.

The flight departed Sharjah International Airport at 07:35 hours and landed in Prague Vaclav Havel Airport at 11:20 ...