Press Dossier   By Date  08/09/2021
ADQ plans to list Abu Dhabi Ports on Abu Dhabi Securities Exchange
ADQ on Tuesday announced its intention to proceed with listing shares of Abu Dhabi Ports Company before the end of the year.
Dubai among top 5 global maritime hubs
Dubai comes first in the Arab world and fifth globally in the International Shipping Centre Development Index, underscoring the competitiveness, attractiveness and inclusiveness of its world-class maritime ecosystem.
Algosaibi group ends Saudi largest family debt case after settling $7.5bn with creditors
After more than a decade in courts, Saudi conglomerate Ahmad Hamad Algosaibi and Brothers (AHAB) reached a settlement with 95 percent of its creditors to close down the largest family debt case in the history of Saudi Arabia.
Aramco’s arm, Wa’ed, gives $2.71m to startups in 1st stop of Saudi roadshow
A total of SR10.2 million ($2.71 million) has been given in grants and loans to six local startups in the first of Wa’ed’s six stops on its nationwide roadshow. The first group of winners include a maker of radioisotopes, used in medical imaging technology, and a company that converts used cooking oil into biofuels for use in diesel cars.
Aramco signs multiple deals to expand industrial investment program
Saudi Aramco announced plans to expand Namaat, its industrial investment program – signing multiple deals with global companies to build capacity in critical sectors.
Saudi main index closes at its highest in nearly 14 years
The Tadawul All-Share Index rose 6.43 points or 0.06 percent on Tuesday to 11,414 points, the highest level since January 2008.
Kuwait's NBK hires US banks to sell six-year bonds: Reuters
National Bank of Kuwait, the Gulf country's largest lender, has hired banks to arrange the sale of U.S. dollar-denominated six-year bonds that will be non-callable for five years, a bank document showed on Tuesday according to Reuters.
UAE consortium signs $250m financing deal for Iraq gas plant expansion
A UAE consortium has secured $250 million to boost the expansion of a gas plant in the Kurdistan Region of Iraq, as demand for clean natural gas grows.
Page 1 of 1