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19 Jun
2018

Air Arabia is set to adopt a raft of measures to ensure the safety of its investments at Abraaj Group after the latter filed for a restructuring, which will be supervised by a court.The Emirati carrier has picked a team that is engaged with rele...

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By Gulf Managers on 19 Jun, 2018 at 10:51:59
19 Jun
2018

Abu Dhabi Investment Authority (ADIA) said on Tuesday that its private equity department has reached an agreement to acquire a stake of up to 21.4 percent in Pension Insurance Corporation Group.PIC Group has become one of the world’s biggest invest...

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By Gulf Managers on 19 Jun, 2018 at 10:03:59
19 Jun
2018

A consortium led by Saudi-based Acwa Power and Tecton Engineering and Construction has emerged as the preferred bidder for a 45 million imperial gallons per day sea water reverse osmosis (SWRO) desalination independent water project in the UAE emirat...

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By Gulf Managers on 19 Jun, 2018 at 08:36:30
19 Jun
2018

State-run Saudi Aramco has approved to supply Egyptian refineries with crude oil for further six months starting from July, Egypt’s petroleum minister Tarek El Molla said.The world's largest oil producer will provide the Egyptian refineries with ar...

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By Gulf Managers on 19 Jun, 2018 at 08:29:47
18 Jun
2018

Gulf Navigation Holding’s board of directors has approved to issue senior unsecured mandatory convertible sukuk.The sukuk’s value will be AED 100 million, according to a statement to the Dubai Financial Market (DFM).The company last reported ...

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By Gulf Managers on 18 Jun, 2018 at 10:21:54
18 Jun
2018

The UAE-based Binghatti Developers has launched the second phase of selling the units in Millennium Binghatti Residences project.Millennium Binghatti Residences project’s cost is AED 400 million, while it consists of 2...

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By Gulf Managers on 18 Jun, 2018 at 08:37:33
 
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