Al-Futtaim Toyota unveiled the brand-new seven-seater Toyota Veloz

Building on the promise of bringing cars that deliver value and the joy of driving to all, Al-Futtaim Toyota has announced the launch of the all-new Toyota Veloz, a seven-seater family SUV. The spacious vehicle blends sleek design with comfort and functionality, and comes equipped with a host of advanced features that have been developed […]

Alight onboards Denise Williams as Board of Directors

Alight, Inc., one of the leading cloud-based human capital technology and services provider, recently announced that Denise Williams will join its Board of Directors (the “Board”), effective February, 2023. The Board elected Ms. Williams to be a director on February 2, 2023. Ms. Williams currently serves as chief people officer at FIS, a global leader […]

SHUAA ICC funds surpass industry standards in 2022

SHUAA Capital psc, the leading asset management and investment banking platform in the region, has affirmed its position as one of the leading regional asset managers, outperforming global industry benchmarks and strong growth in Assets Under Management across its Incorporated Cell Company (ICC) fund range, domiciled in Abu Dhabi Global Market (ADGM) and managed by […]

The Govt. and private sectors works together for food security

The National Shipping Company of Saudi Arabia “Bahri” has announced today, that its tanker “SARA”, which weighs 60 thousand tons of barley, has arrived at the Jeddah Islamic Port, coming from the Australian port of Bunbury. After the Agricultural Development Fund funded the supply contract concluded between Mansour Al-Mosaid Company and the Saudi Agricultural and […]

AROBS announces acquisition of SYDERAL Polska

AROBS Transilvania Software, One of the largest technology company listed on the Bucharest Stock Exchange, acquired the majority stake, of 94percent, in SYDERAL Polska, Poland, specialized in the development of products and technologies for quantum and optical communication, onboard data storage and processing, as well as for control of satellite mechanisms and instruments. “Through the transaction […]

Transcarent appoints Zoe Harte as CPO

Transcarent, One of the health and care experience company that makes it easy for individuals to access high-quality, affordable care announced recently that Zoe Harte has joined the organization as its Chief People Officer (CPO). Reporting to Transcarent Chief Executive Officer Glen Tullman, Ms. Harte will oversee the company’s people function. Ms. Harte joins Transcarent […]

Joramco onboards Lambros Stasi as new VP of Operations

Joramco, the Amman-based aircraft maintenance, repair, and overhaul (MRO) facility and engineering arm of Dubai Aerospace Enterprise (DAE), is excited to announce Lambros Stasi’s appointment as the new Vice President (VP) of Operations. Lambros has gained over 30 years of experience in all aspects of the maintenance field in both wide and narrow body airframes […]

Littelfuse announces aquisition of Western Automation

Littelfuse, Inc., a diversified, One of the industrial technology manufacturing company empowering a sustainable, connected, and safer world, recently announced it has acquired Western Automation Research and Development Limited (“Western Automation”). Headquartered in Galway, Ireland, Western Automation is a designer and manufacturer of electrical shock protection devices used across a broad range of high-growth end […]

ABK forecasts a 19% increase in net profit in 2022

Al Ahli Bank of Kuwait (ABK) reported a net profit of KD 32.3 million in the financial year 2022. The increase in the net profit compared to the same period in 2021 was 19 percent. Net operating profit rose by 10 percent to a total KD 90.1 million, and earnings per share were 14 fils, […]

Intelsat onboards Gaurav Kharod as vice president

Intelsat, operator of one of the world’s largest integrated satellite and terrestrial networks and leading provider of inflight connectivity (IFC), recently announced the appointment of Gaurav Kharod as the regional vice president for its Asia Pacific (APAC) region. Kharod comes from Intelsat’s India office, where he served as the managing sales director of South Asia […]