Jadwa Investment, a leading Saudi Arabian investment management and advisory firm, today announced its 2015 full-year financial results, achieving SAR 247.47 million in total revenues and SAR 93.56 million in net income. These results were achieved through a 39 percent growth in the firm’s...
Yousef Abdullah Al- Benyan, the Chief Executive Officer and Vice-Chairman of SABIC, has been elected as the Chairman of the Gulf Petrochemicals and Chemicals Association (GPCA), it was announced today. He was previously the Vice- Chairman of the GPCA and will assume his role effective immediately,...
Twitter today announced it will simplify Tweets in the coming months, making it faster and easier for people to express themselves with more room in their 140-character Tweets. The simplified Tweet rules will make conversations faster and more intuitive for people who come to Twitter everyday and...
Shenkai, the joint venture between Shanghai Shentong Consulting (51%) and Keolis (49%), is confirmed as the future operator of phase 3 of Shanghai’s existing metro line 8 (also known as Line 8-3), following the signing of a contract with Shanghai Shentong Metro Group on 27 April 2016.
The...
The $3.6 billion Mountain View iCity has been announced, Egypt’s biggest upcoming project that is a joint venture between the Egyptian Mountain View and Saudi Sisban Holding.
The venture has been billed as a boost to investment relations between the two nations.
“Today we are...
Saxo Bank, the online multi-asset trading and investment specialist, has today announced a new white label partnership with Lufax, China’s largest internet finance company.
The partnership, expected to launch within the next three months, will see Lufax leverage the trading...
In the presence of His Excellency Sayyed Saud Bin Hilal Bin Hamad Al Busaidi, Minister of State and Governor of Muscat, Mr. Mohammed Abdul Rahim Al Fahim, CEO of Paris Gallery Group of Companies, and Mr. Salim Bin Abdullah Al Rawas, Chairman of Oman Luxury LLC, VIP guests and valued members of the...
In line with the company’s ongoing growth and its further expansion plans, VFS Global has appointed Peter Brun, a senior communications and media professional, as Chief Communications Officer effective 01 July 2016. In this role Peter will be responsible for Corporate Communications,...
Averda and the Municipality of Dubai have commissioned the first Smart Recycling Centre in Dubai, the first project of its kind across the GCC. The Centre is located in Al Manara Center parking, Al Safa 2 and high ranking officials of Dubai Municipality and Averda have attended its...
The Gulf Organization for Industrial Consulting (GOIC) signed a Memorandum of Understanding (MoU) with ASTM, globally recognized leader in the development and delivery of international standards and technical information. The MoU aims at fostering cooperation and coordination between the two...