Business & Money | Wednesday 6 September, 2023 9:18 am

PIF announces the completion of the sale of its stake in National Gas and Industrialization Company

The Public Investment Fund (PIF) announces the completion of the sale of its 10.92% stake, corresponding to 8,186,455 shares in the National Gas and Industrialization Company (“GASCO” or the “Company”), through a private sale transaction, for SAR 491.19 Million (the “Transaction”)....

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Business & Money | Wednesday 6 September, 2023 9:11 am

Hoffmann Green Signs Its First Licensing Agreement in Saudi Arabia With the Shurfah Group

Hoffmann Green Cement Technologies (ISIN: FR0013451044, Mnemo: ALHGR) (Paris:ALHGR) ("Hoffmann Green Cement" or the "Company"), an industrial player committed to the decarbonation of the construction sector that designs and markets innovative clinker-free cements, announces the signature with the...

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Business & Money | Wednesday 6 September, 2023 1:51 am

UK Trade Envoy’s RAKEZ visit sets stage for enhanced economic cooperation

British Prime Minister’s Trade Envoy to the UAE, Gareth Johnson MP, accompanied by UK Ambassador to the UAE, Edward Hobart, and other officials, paid a visit to Ras Al Khaimah Economic Zone (RAKEZ) recently. The high-profile delegation discussed trade relations between the UK and the emirate of...

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Business & Money | Wednesday 6 September, 2023 1:01 am

US-based ‘Reputation House’ Announces Saudi Expansion at Seamless Saudi Arabia

Following establishing offices in the USA, Hong Kong, Moldova and Dubai, the US-headquartered ‘Reputation House’ today announced its plans to enter the Saudi market by mid-2024. The firm made this announcement while speaking at the Digital Marketing Zone at Seamless Saudi Arabia. Mr....

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Business & Money | Wednesday 6 September, 2023 12:53 am

Network International outlines strategic growth priorities for KSA expansion

Network International (Network), the leading enabler of digital commerce across the Middle East and Africa (MEA) region, continues to expand its business and strengthen its foothold in the Kingdom of Saudi Arabia.    With a USD 50 million revenue target in the medium-long term,...

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Business & Money | Tuesday 5 September, 2023 12:35 pm

Medlab Middle East secures record-breaking AED1.9 billion of deals during the 2023 exhibition in Dubai

Medlab Middle East, the MENA region’s largest medical laboratory exhibition and congress, will return to the Dubai World Trade Centre from 5-8 February 2024 with a host of new features, including a new zone, Next Gen Medicine, which will focus on the transformative potential of early disease ...

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Business & Money | Tuesday 5 September, 2023 10:36 am

Farid Al Mulla appointed as Chief Executive Officer of Emirates Islamic

Emirates Islamic, one of the leading Islamic financial institutions in the UAE has appointed Farid Al Mulla as its new Chief Executive Officer. Farid will succeed Salah Amin, a banking veteran who is retiring after almost 35 years of valuable service to the Emirates NBD Group. Hesham Abdulla...

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Business & Money | Tuesday 5 September, 2023 9:17 am

BHM Capital Tops the List of Brokers in DFM in terms of Attracting New Accounts

BHM Capital, one of the leading financial institutions in the UAE capital markets, announced that it had acquired 31.22% of the total new accounts on the Dubai Financial Market during the past month of August. This positions them as the top brokerage firm, with a total of 1,341 new accounts out of...

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Business & Money | Tuesday 5 September, 2023 9:06 am

J.P. Morgan Payments selects Network International as strategic partner to drive payments acquiring in the Middle East

Network International (Network), the leading enabler of digital commerce across the Middle East and Africa (MEA) region, has announced a partnership with J.P. Morgan Payments to strengthen the bank’s acquiring offering.  J.P. Morgan Payments operates in over 160 countries and over 120...

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Business & Money | Tuesday 5 September, 2023 9:02 am

Hyperpay Taps Paymentology’s payment processing platform in Saudi Arabia

Hyperpay, the fastest growing online payment service provider in the MENAP region, founded by Muhannad Ebwini, is delighted to announce a strategic partnership with Paymentology, the global leading issuer-processor. The collaboration marks a significant milestone in Hyperpay's mission to become a...

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