Month: May 2024

Riyadh, Kingdom of Saudi Arabia:  In a strategic development, Kanoo Machinery UAE and KSA, a member of Yusuf Bin Ahmed Kanoo Group (YBA Kanoo), one of the largest independent family-owned multinationals in Saudi Arabia and the Middle East, announced the signing of a partnership agreement with Combilift, the largest global manufacturer of multidirectional, sideloading, and

Riyadh, Saudi Arabia – The Saudi Real Estate Refinance Company (SRC), a Public Investment Fund (PIF) company, has extended its refinancing agreement with arab national bank (anb) with an additional SAR 500 million. This is the second refinancing agreement between both entities.  The agreement was signed by Majeed Fahad Alabduljabbar, CEO of SRC and Obaid

JEDDAH: Alcon, the global leader in eye care dedicated to helping people see brilliantly, has officially inaugurated its Middle East headquarters in Jeddah, Saudi Arabia, and announced a new partnership with the Saudi Society of Optometry. These achievements reflect the company’s commitment and dedication to shaping the future of eye care in the Kingdom and

Riyadh, Saudi Arabia: The Digital Cooperation Organization (DCO), a global multilateral organization committed to enabling digital prosperity for all by accelerating the sustainable and inclusive growth of the digital economy, announced the launch of EconomiX magazine, a publication offering insights from international digital economy thought leaders into ways nations and organizations can seize the digital economy’s

Dubai (UAE):  Gulf Islamic Investments (GII) and Logipoint, a subsidiary of SISCO, have signed an agreement in Jeddah to create a joint venture for a logistics platform providing Grade A warehousing solutions across the Kingdom of Saudi Arabia in a deal worth over SAR 1 billion (approx. $300 million). LogiPoint is a leading industrial and

Doha: HSBC has been named Qatar’s Best Bank for Corporates at the Euromoney Middle East Awards for Excellence, 2024. Abdul Hakeem Mostafawi, CEO of HSBC Qatar, said: “We are celebrating 70 years of local expertise and global connections in Qatar this year, and the award is testament to our ongoing support for our corporate clients.

HSBC Middle East received three additional awards for the Middle East’s Best Investment Bank, Middle East’s Best Bank for Sustainable Finance and Middle East’s Best Bank for Financing. Other country awards included Egypt’s Best Bank for Diversity & Inclusion, Qatar’s Best Bank for Corporates, Saudi Arabia’s Best Investment Bank and UAE’s Best International Bank. Samer