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July 27, 2024

Business Blog

Latest News

Sanad, Air Mauritius sign 3-year partnership agreement

Sanad has signed an exclusive three-year partnership with Air Mauritius, the national airline of Mauritius, to deliver Maintenance, Repair, and Overhaul (MRO) services for Rolls …

ACQUISITION

ADNOC ‘in talks’ to acquire or invest in energy trader Gunvor Group – report

Abu Dhabi National Oil Company (ADNOC) is reportedly looking for …

BLOCKCHAIN

Feriglobe records block trading deal of $101.08mln

    The Abu Dhabi Securities Exchange (ADX) announced a …

ENERGY

ARIA Commodities launches 4 projects worth $42mln in HFZA

  ARIA Commodities, a leading player in the field of …

GCC COUNTRIES

MBC Group inaugurates new headquarters in Riyadh

  MBC Group, the Middle East region’s largest multimedia conglomerate, …

Government

UAE health ministry inks partnership deal with Mediclinic Middle East

  The Ministry of Health and Prevention (MoHAP) has signed …

COMMODITIES

ARIA Commodities announces $42mln investment projects in Hamriyah Free Zone

ARIA Commodities, the market specialist in the field of asphalt …

DIPLOMACY

Abdullah bin Zayed visits Israel’s Technion University

 H.H. Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign …

AIRLINES

Dubai’s Emirates enters codeshare deal with US flag carrier United Airlines

Dubai’s long-haul operator Emirates Airline has entered a deal with …

EGYPT

Memphis Pharmaceutical’s approves loan from ADIB to settle $15.83mln debt

  The board of directors of Memphis Pharmaceutical (MPCI) approved …

Banking

UAE: Collaboration, not competition, creates wins for neobanks, say CEOs

  Digital banking apps are shaking things up and introducing …

FINTECH

Abu Dhabi cloud kitchen start-up The Cloud raises $10mln

UAE-based cloud kitchen start-up, The Cloud, has secured $10 million …

DIPLOMACY

Bahrain and UAE review security co-ordination

  Public Security chief Lieutenant General Tariq Al Hassan chaired …