Tuesday 27 February 2024

Hollister unveils spring collection at City Centre Bahrain

Hollister Company has marked the debut of its Spring Collection 2024 with an event at its store in City Centre Bahrain.    The launch, attended by 150 guests including media representatives and influencers, showcased the latest trends and designs for the up


Al Ghurair unit to set up aluminium component plant in Abu Dhabi

Khalifa Economic Zones Abu Dhabi (Kezad Group), one of the largest operators of integrated and purpose-built economic zones, has signed a lease agreement with Automotive Precision Technology (APT), a subsidiary of UAE-based Al Ghurair Group, for an automotive aluminium component manufacturing


Fortinet launches a new appliance that combines 5G with AI

Fortinet, a global cybersecurity leader, has launched a new compact and ruggedised appliance explicitly built to deliver enhanced secure networking capabilities and 5G connectivity to operational technology (OT) environments.    Backed by the latest, fifth-


UAE non-oil foreign trade hits record $952bn in 2023

The UAE has recorded solid economic growth for FY 2023 with its non-oil foreign trade figures reaching unprecedented heights, even surpassing its AED3.5 trillion ($952 billion) mark for the first time in the country's economic history despite the global downturn in international trade mov


Burgan posts solid growth in 2023; revenue surges to $719m

Leading Kuwaiti bank Burgan has annoucned that it has capped off a pivotal transformational year with healthy revenue, stable asset levels and a solid capital base.    Announcing its financial results for the 12-month period ended December 31, 2023, Burgan


Rothschild & Co boosts Mideast presence with new Riyadh office

Rothschild & Company, one of the world's largest independent financial advisory groups, has opened its new office in Riyadh as part of its strategic expansion into the Kingdom of Saudi Arabia, further strengthening its presence in the Middle East.   This


Key strategies discussed at Bahrain Family Business Summit

KPMG recently hosted the regional Family Business Summit in Bahrain which saw top industry leaders and entrepreneurs discuss strategies to sustain and reinvent family legacies while embracing innovation and digital transformation.    The 2024 KPMG Middle Ea


BAB in talks with Tamkeen to boost financing for startups, SMEs

  The Bahrain Association of Banks (BAB) recently organised a meeting that brought together banks and the kingdom's Labour Fund (Tamkeen) with the aim of acquainting banks with novel support initiatives for employment, career advancement, and institutional assist


No fees on all Mena stock trades: amana

Leading neobroker amana has launched a competitive pricing strategy offering commission-free, zero-fee pricing on Mena stock trades.    In a bold move poised to offer investors and traders unparalleled access and affordability to the region’s stock ma


DIFC revenues grow fastest in 2023 hitting $350m

Dubai International Financial Centre’s (DIFC) 2023 combined revenues grew at their fastest levels since inception, approaching AED1.3 billion ($350 million), 23% higher than 2022. Operating profit reached AED859 million, up 27%. Reflecting the strength of DIFC’s financial position

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