New ERP Solutions Help Construction Companies Meet Budgets, Deadlines, and Resource Demands As the construction industry faces increasingly complex projects and tighter profit margins, a growing number of companies are turning to ERP software for construc...

ADNH Catering, a prominent player in the food and beverage sector, faced challenges on its stock market debut in Abu Dhabi. The company raised Dh864 million (approximately US$235.2 million) through its initial public offering (IPO), which was priced at th...

Abu Dhabi’s International Holding Company (IHC) has made a significant move in the leasing market by acquiring a 51% stake in Gallega Global, a strategic acquisition that underscores IHC’s commitment to diversifying its investments. The deal marks a cruci...

ADNEC Group has announced its intention to acquire Royal Catering, a prominent food and beverage service provider in Abu Dhabi. This strategic move is part of ADNEC’s broader goal to enhance its portfolio and strengthen its position in the hospitality and...

Saudi Arabia’s United International Holding has confirmed plans to sell a 30% stake in the company through an initial public offering (IPO). This decision marks a significant move in the Saudi capital markets, reflecting the broader trend of privatization...

First Abu Dhabi Bank (FAB), the largest lender in the United Arab Emirates, has reported a remarkable performance for the third quarter of 2024. The bank posted a net profit of $1.2 billion, exceeding analysts’ expectations and reflecting a robust 38% yea...

NMC Health, one of the leading healthcare providers in the United Arab Emirates, is set to invest millions of dollars in a significant expansion of its health services across the region. This initiative, announced by the company’s CEO, aims to enhance acc...

Yas Island and Saadiyat Island in Abu Dhabi have experienced a remarkable surge in visitor numbers and hotel occupancy this summer, reflecting the resilience and appeal of the emirate’s tourism sector. Various factors, including the easing of pandemic res...

Tamkeen, a prominent investment firm based in Bahrain, has set the price range for its upcoming initial public offering (IPO), aiming to raise as much as $106 million. The IPO is a significant step for the company, which plans to list on the Bahrain Bours...

Sainsbury’s largest shareholder, the Qatar Investment Authority (QIA), has reduced its stake in the UK-based supermarket chain. QIA sold approximately 5% of its shares, equivalent to 109.4 million shares, priced at 280 pence per share. This transaction co...

Qatar’s Lesha Bank has finalized the acquisition of Bereke Bank in Kazakhstan, marking a significant expansion into Central Asia’s financial landscape. This strategic move aims to bolster Lesha Bank’s regional presence and enhance its service offerings, c...

Abu Dhabi’s Modon Properties has announced a strategic joint venture with Candy Capital to develop a luxury real estate portfolio aimed at affluent buyers. This collaboration reflects the growing demand for high-end living spaces in the United Arab Emirat...

Tamkeen Technologies, a leading human resources solutions provider based in Saudi Arabia, is preparing to issue an initial public offering (IPO) in which 30% of its shares will be made available to investors. This move is anticipated to significantly enha...

GFH Financial Group, a leading financial services firm based in Bahrain, has taken significant steps to bolster its stake in Khaleeji Bank, reflecting its commitment to expanding its footprint in the Gulf region’s banking sector. The acquisition, which wa...

Private jets provide passengers with a high level of luxury and convenience, but choosing the right aircraft can be extremely overwhelming, especially with the range of options available. From nimble light jets to well-stocked long-range models, each cate...