Company News

Zain’s internal e-platform, Zainiac, selects three initiatives

(Arab Times - 9/16/2018 6:48:00 AM)

Zain Group, the leading mobile telecom innovator in eight markets across the Middle East and Africa, is pleased to announce it is offering full financial and strategic support to three startup initiatives, which have been generated through the company’s ...

Drake and Scull shareholders to vote on company dissolution

(The National - 9/13/2018 8:00:00 AM)

Drake & Scull International, the loss-making Dubai contractor, said its shareholders would meet on September 27 to decide on whether to dissolve the company and receive an update on an internal investigation into the previous management.

The ...

Bank ABC and AFS to hold third FinTech Forum

(Gulf News - 9/13/2018 7:47:00 AM)

Bank ABC and AFS (Arab Financial Services) announced that the third Middle East & Africa FinTech Forum, the region’s premier fintech conference, will be held at the Ritz Carlton Hotel in Bahrain on February 20-21, 2019, under the patronage of the Central ...

FAB wins prestigious award for third year running

(Gulf News - 9/13/2018 7:46:00 AM)

The First Abu Dhabi Bank (FAB) has been named ‘Most Innovative Investment Bank from the Middle East’ for the third consecutive year, at The Banker’s prestigious 2018 Investment Banking Awards.

Andy Cairns, FAB’s senior managing director and ...

Du wins telecom company of the year award

(Gulf News - 9/13/2018 7:45:00 AM)

Dubai-based telecom operator du has been awarded Telecom Company of the Year, by the Preferred Brands category at The Filipino Times Awards (TFT Awards) held in Dubai.

Du has had long-standing commitment to diversity and inclusion — ensuring ...

Omantel enhances Internet access for students

(Oman Daily Observer - 9/13/2018 7:26:00 AM)

Omantel has reaffirmed its commitment to support students in Oman by providing them with services that enhance the learning process. The newly launched ‘Educational Offer’ allows students free unlimited Internet access to a list of educational websites ...

Investcorp lists sports firm Leejam on Tadawul

(Trade Arabia - 9/13/2018 7:19:00 AM)

Bahrain-based Investcorp, a global provider and manager of alternative investment products, has announced the listing of portfolio company Leejam Sports Company on the Saudi Stock Exchange (Tadawul) on September 10.

Leejam marks the ...

Sabic wins nod to buy nearly 25pc stake in Clariant

(Trade Arabia - 9/13/2018 7:16:00 AM)

Saudi Basic Industries Corp (Sabic), a global leader in diversified chemicals, has received approvals for the purchase of a 24.99 per cent stake in Clariant, the Swiss-based speciality chemicals leader said.

“An unconditional closing of the ...

Damac to unveil designer Just Cavalli villas

(Trade Arabia - 9/13/2018 7:15:00 AM)

Luxury real estate developer Damac Properties said the Middle East fashion scene will soon witness a new tier of opulence and glamour, with the unveiling of the second phase of Just Cavalli Villas’ sales bookings this Saturday (September 15).


Aldar sets up region's largest real estate investment firm

(Trade Arabia - 9/13/2018 7:14:00 AM)

UAE-based Aldar Properties has announced the launch of Aldar Investment Properties, the region’s largest diversified real estate investment company, which has been mainly designed to drive greater operational and capital efficiencies that will unlock ...