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AD Ports reaches key milestone in new terminal work
AD Ports Group has installed the first 90-tonne block for the quay wall of the new CMA Terminals Khalifa Port, marking the major development milestone with a special […]
ADNOC ‘in talks’ to acquire or invest in energy trader Gunvor Group – report
Abu Dhabi National Oil Company (ADNOC) is reportedly looking for a partial or full acquisition of Geneva-based Gunvor Group, according to a Bloomberg report. The state-run oil producer has conducted […]
Feriglobe records block trading deal of $101.08mln
The Abu Dhabi Securities Exchange (ADX) announced a block trading deal of AED 371.35 million on the shares of Feriglobe, a joint venture (JV) between ADNOC and OCI. […]
ARIA Commodities launches 4 projects worth $42mln in HFZA
ARIA Commodities, a leading player in the field of asphalt and distillates and storage infrastructure development, has announced it will invest a total of AED 154 million ($42 million) […]
MBC Group inaugurates new headquarters in Riyadh
MBC Group, the Middle East region’s largest multimedia conglomerate, inaugurated its sprawling new headquarters complex in the capital city of Riyadh on Sunday. The colorful inaugural ceremony was held […]
Memphis Pharmaceutical’s approves loan from ADIB to settle $15.83mln debt
The board of directors of Memphis Pharmaceutical (MPCI) approved the financing package provided from Abu Dhabi Islamic Bank (ADIB) to settle the EGP 300 million debts of El-Gomhouria Company […]
Abu Dhabi cloud kitchen start-up The Cloud raises $10mln
UAE-based cloud kitchen start-up, The Cloud, has secured $10 million in a new funding round led by a consortium of venture investors. The Cloud is a B2B2C kitchen platform where […]
Bahrain and UAE review security co-ordination
Public Security chief Lieutenant General Tariq Al Hassan chaired the Interior Ministry’s delegation at the meeting of the Supreme Security Committee of Bahrain and the UAE in Abu Dhabi […]
FAB to finance Middle East sustainable projects with $75bln by 2030
First Abu Dhabi Bank (FAB) plans to endorse sustainable development projects across the Middle East with financing worth $75 billion by 2030, Ahram Gate cited Shargiil Bashir, Chief Sustainability Officer […]
Pak floods: Emergency relief appeal launched in UAE to help victims
Pakistan Association Dubai (PAD) has launched a campaign in the UAE to raise donations for flood victims in Pakistan. Launched in cooperation with Dar Al Ber Society and the Department […]