Category: News

SHUAA Capital psc (DFM: SHUAA), the leading asset management and investment banking platform in the region, today announced the acquisition of Allianz Marine and Logistics Services Holding Limited (”Allianz”) by its managed funds. The transaction is one of the largest M&A deal in the maritime offshore sector in the Middle East in recent years and

The Annual Investment Meeting (AIM 2022) focuses on today’s foreign direct investment trends and prospects under the theme  ‘Investments in Sustainable Innovation for a Thriving Future’. This blockbuster event brings along nations and companies from all around the globe under one roof to generate breakthroughs in investments for this post-pandemic world. The Saudi stands displayed

Aramco, Hyundai Motor Group, and King Abdullah University of Science and Technology (KAUST), have agreed to jointly research and develop an advanced fuel for an ultra lean-burn, spark-ignition engine that aims to lower the overall CO2 emissions of a vehicle. The 2-year partnership seeks the development of an optimal fuel formulation for use in combination

SHUAA Capital psc (DFM: SHUAA), the leading asset management and investment banking platform in the region, has received board approval for its audited financial statements for the fiscal year ended 31 December 2021. The FY 2021 results demonstrate continued progress in delivering on the Group’s strategic agenda. While net profit for SHUAA and its subsidiaries

Renewed focus on Global Thought Leadership places MENA at the heart of debate. The world is emerging from the Covid pandemic to face long-term systemic challenges, from climate change to building fairer societies. Business leaders across the MENA region are stepping up to meet these challenges – and TBD Media Group, in collaboration with Gulf

The Ma’aden Waad Al Shamal Phosphate Company (MWSPC), based in Saudi Arabia, operates some of the largest and busiest fertilizer plants anywhere in the world. Take, for example, the Umm Wu’al Sulphuric Acid and Power Plant, located in a new industrial city in the extreme northeast of the kingdom. Structured around three sulphuric acid trains

The Board of Directors of flynas, the Saudi air carrier and the leading low-cost airline in the Middle East, ratified the company’s strategic plan and approved raising the volume of its orders to 250 aircraft. After reviewing the financial results for the year 2021, the Board praised the company’s remarkable success in quickly recovering from