Lower crude oil prices and weakening refinery margins has impacted Aramco, Saudi Arabia’s state-owned energy giant, as its net profit declined Read More
Business
Artificial Intelligence
Companies
Energy
Regional
World
ADNOC and Masdar Sign Agreement with Microsoft
ADNOC and Abu Dhabi Future Energy Company (Masdar) on Tuesday announced the signing of a Strategic Collaboration Agreement (SCA) with Microsoft on Read More
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Companies
Hospitality
Real Estate
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World
GFH, Infracorp and Kempinski Plan Harbour Heights Kempinski
Bahrain-based GFH Financial Group, a leading investment bank, in partnership with Infracorp, on Tuesday that they have signed with Kempinski to launch Read More
Business
Companies
Mergers and Acquisitions
Oil & Gas
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World
Enersol Acquires Deep Well Services for $223 Million
Enersol, a joint venture between ADNOC Drilling and Alpha Dhabi, has acquired a 95% equity stake in the Pennsylvania headquartered Deep Well Services (Read More
Business
Artificial Intelligence
Companies
Energy
Oil & Gas
Regional
ADNOC and AIQ Launch ENERGYai at ADIPEC 2024
Abu Dhabi National Oil Company (ADNOC), and AIQ, an advanced technology pioneer anchored in the UAE, launched ENERGYai, the world’s first-of-its-kind Read More
Business
agriculture
Companies
Regional
Trade
World
Invictus Expands Business in MEA&E and South America
The UAE-based Invictus Investment Company, a leading agro-food enterprise in the Middle East and Africa, on Monday announced its expansion into four Read More
The UAE’s Abu Dhabi Islamic Bank (ADIB) has been ranked the safest among the top 10 Islamic banks in the Gulf Cooperation Read More
Business
Companies
Infrastructure
Logistics
Regional
GFH Financial Group to Develop Saudi Logistics Sector
Saudi Arabia has moved another step forward in its plans to become a preferred logistics hub in the region with the Bahrain-based Read More
Business
Companies
Digital Payments
fintech
Regional
Geidea, tpay Sign Deal to Reshape Digital Payments
With digital payments in the Middle East, Turkey, and Africa (META) projected to grow at a compound annual rate of approximately 17.7% from 2023 Read More
Business
Companies
Mergers and Acquisitions
Oil & Gas
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World
Mubadala Acquires 49% Stake in Tubacex Group
Tubacex Group, a global leader in advanced industrial solutions for the energy and mobility sectors, has formed a strategic alliance with Mubadala Read More
