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Oman-based A' Saffa Foods, a leading poultry and processed food producer, said its board of directors has approved an expansion plan to raise chicken meat production capacity by 100 per cent.The total capital expenditure of the expansion will be RO45...More
Dulsco, the Dubai-based waste management company, has started the construction of a 500,000 square feet recycling facility at Dubai Industrial Park.The Dh25 million project, which is scheduled for completion in 2018, will include a fully automated wa...More
Oil giant Saudi Aramco has selected Samba Capital as one of two banks to work as an adviser on its planned share sale in Riyadh, said a report. At least six investment banks pitched for a role advising the world's largest oil producer on i...More
Oman Air will start operating its new summer schedule from Sunday. The implementation of the summer schedule brings about both a number of new routes, code shares and changes to existing services, all of which contribute to the airline’s ambitious ...More
The board of Saudi Electricity has invited the company’s shareholders to attend the extraordinary general meeting (EGM) on 19 April, according to a bourse filing.The EGM will vote on the distribution of cash dividends for the year ended 31 December...More
The ordinary general assembly meeting of Mannai Corporation has approved the board of directors’ recommendation to distribute a cash dividend of 40 percent (QR4.00 per share) to the shareholders.Speaking on behalf of Sheikh Hamad bin Abdulla bin Kh...More