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 […]
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 […]
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, […]
Polestar and Luminar extended partnership to more vehicles
Polestar and Luminar announced plans to deepen their partnership by expanding the integration of Luminar’s technology on the Polestar 5 – the electric 4-door GT expected to launch in 2024 based on the Polestar Precept concept car. This expanded partnership provides a foundation to further collaborate on lidar integration and design on Polestar’s future vehicles. […]
Anantara onboards Jean-Paul Dantil as General Manager at Qasr Al Sarab Desert Resort
An internationally versed General Manager Jean-Paul Dantil has taken the helm of one of the world’s most iconic resorts: Qasr Al Sarab Desert Resort by Anantara. With more than 30 years of experience in the luxury hospitality industry from General Manager and Managing Director roles, through to leading his own business, Jean-Paul Dantil brings a […]
Gobi Partners onboards Malaysian startups to the Gobi Superseed II Fund
Gobi Partners, the most interconnected Pan-Asian venture capital (VC) firm with USD 1.5 billion (RM6.5 billion) in assets under management has onboarded four more promising Malaysian startups to its Gobi Superseed II Fund (Gobi SSII Fund). The four firms being onboarded are Islamic-themed streaming service Durioo+, e-commerce marketplace Lapasar, earned wage access provider Paywatch and […]
Al Tamimi & Company expands its corporate commercial business across MENA
Al Tamimi & Company has appointed Nick Watson as Partner and regional Head of its Corporate Commercial department. With over 25 years of international law firm experience, Nick has spent the majority of his career being in the Middle East region. And for the leading law firm in the Middle East and North Africa, the […]
Alfanar and Daewoo E&C sign an agreement during Iktva 2023
Alfanar signed a memorandum of understanding (MoU) with the Korean company, Daewoo Engineering & Construction, during Saudi Aramco’s iktva 2023 Forum & Exhibition that is currently being held at Dhahran Expo Center under the patronage of HRH Prince Saud bin Nayef bin Abdulaziz, Governor of the Eastern Province. The USD 1.5 billion agreement signed by […]
EHS and HBMSU signs MoU to increase collaborative efforts
Emirates Health Services (EHS) and Hamdan Bin Mohammed Smart University (HBMSU) join forces to exchange expertise and promote collaboration in scientific research and innovation, in line with the two parties’ common goals and strategies. The two entities signed a Memorandum of Understanding (MoU) during the Arab Health Exhibition and Congress (Arab Health 2023), which officially […]
Renaissance commissioned Mohana Prabhakar as CC and MO
Renaissance Services has appointed Mohana Prabhakar as Chief Communication (CC) and Marketing Officer (MO). Mohana took up the role in December 2022, bringing to Renaissance her comprehensive and strategic skills in media, content creation and delivery, publishing, marketing communication and brand building. In the over three decades of her career, 21 years of which have […]
