Friday 3 December 2021

Bahrain launches new investment platform

Bahrain's Economic Development Board today announced the launch of the investment platform that allows investors to access investment opportunities in the Kingdom's strategic projects.   The move is part of Bahrain's Economic Recovery Plan


Markaz appointed Market Maker for two companies

Reinforcing its reputation as a trusted institution in the bourse, Kuwait Financial Centre ‘Markaz’ has been appointed as a Market Maker for the shares of Land United Real Estate Company and Gulf Cable and Electrical Industries Company.    Marka


Double-win for GAC at The Maritime Standard Awards 2021

GAC’s response to the Covid-19 pandemic and its continuing excellence in transportation and logistics have earned it two wins at the eighth annual Maritime Standard Awards.    The Awards held at the Dubai World Trade Centre recognises GAC’s sign


Pratt & Whitney and Embraer partner on 100% SAF

Pratt & Whitney has signed a memorandum of understanding with Embraer to collaborate on studies of 100% sustainable aviation fuel (SAF).    Technical teams from the two companies will engage to define an integrated ground and flight test plan for 100% S


5G networks to cover more than two billion people this year

It is estimated that 5G networks will cover more than two billion people at the end of 2021, even as there has been a 300-fold increase in mobile data traffic since 2011.   Ericsson global insights reveal 5G is on track to become the dominant mobile access techn


Al Masaood Group seals three deals with global companies

Al Masaood Group closed three separate major deals with leading global firms at the recently concluded Abu Dhabi International Petroleum Exhibition and Conference (Adipec), making the event’s 2021 edition its biggest and most successful participation yet.   


GCC banking sector net profits show increase; hit $9.4bn in Q3

GCC banking sector net profits showed a q-o-q increase almost equivalent to the decline in loan loss provision (LLP) during Q3-2021, according to asset management company Kamco Invest.    Total banking sector net profits reached $9.4 billion in Q3-2021 as c


ABCC seminar aims to promote fresh fruits exports

The Arab-Brazilian Chamber of Commerce (ABCC) has organized a seminar titled ‘Opportunities in Fresh Fruits Sector’ for a delegation from the Brazilian Fruit Growers and Export Association (Abrafrutas) in the UAE. The seminar organized in line with the initiatives to


Kanoo Machinery showcases innovative machines

Kanoo Machinery, a leading provider of world-class machinery brands for sales and after-sales in the region, has showcased innovative machines and equipment from its trusted partners and principals.    In the recently concluded Materials Handling Open Day h


Emirates Steel celebrates UAE’s Golden Jubilee

Through diversified and rich programmes designed for its employees, Emirates Steel, the leading integrated steel manufacturer in the Middle East, participated in the 50th UAE National Day and its Golden Jubilee celebrations.    The event at the company&rsqu

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