Commercial Services - News
Amanat takes 13.18pc stake in Saudi healthcare firm
(Trade Arabia - 12/01/2017)
Amanat Holdings, a leading integrated healthcare and education company, has announced the acquisition of a 13.18 per cent stake in International Medical Company (IMC), a Saudi closed joint stock company, for SR363.85 million ($97.01 million). IMC is a ...
Agility and structural reforms important for Gulf economies
(Trade Arabia - 15/12/2016)
Gulf economies need to be resilient and agile to global economic changes to withstand the huge uncertainties in global economic events, said Dr Mohamed El-Erian, chief economic adviser at Allianz and Chair of President Obama’s Global Development Council. ...
Amanat profit up on Saudi healthcare unit
(The National - 14/11/2016)
Amanat Holdings’ net profit rose 81 per cent for the third quarter, driven by the strong performance of Saudi healthcare provider Sukoon International. The Dubai-listed healthcare and education investor reported net profit of Dh12.9 million for the three ...
Agility in search of PPP deals in the UAE
(The National - 14/11/2016)
Agility is looking to invest US$1 billion in the UAE over the next two years and is also considering public-private partnerships (PPP) in the country, the chief executive of the Kuwait logistics company said yesterday. Agility is involved in a number of ...
Zain Bahrain signs HR pact with Labor Ministry
(Trade Arabia - 02/11/2016)
Zain Bahrain, a leading telecoms operator in the kingdom, has signed a memorandum of understanding (MoU) with the Ministry of Labor and Social Development to collaborate in the area of human resources. Zain Bahrain and the ministry will work together on ...
Agility Q2 net profit up 11pc to $50m
(Reuters - 08/08/2016)
Kuwait's Agility, one of the largest Gulf logistics companies, reported an 11 percent rise in second-quarter net profit on Sunday. The firm's net profit in the three months to June 30 was KD15 million ($50 million), compared with 14 million dinars in the ...
Zain Bahrain launches mobile deal for social media
(Trade Arabia - 27/06/2016)
Zain Bahrain, a leading telecom operator in Bahrain, has launched its new postpaid packages for mobiles, which allows customers to consume social media applications without any data charges beyond their initial subscriptions. The new ‘Truly Unlimited ...
Kuwait suspends trading in Agility shares
(Trade Arabia - 23/06/2016)
Shares in Kuwait's Agility were suspended on Wednesday until the company responded to what was published in news reports, the Kuwaiti bourse said in a statement without specifying the nature of the press articles. The largest Gulf logistics group, ...
Zain Bahrain introduces therapeutic advice service
(Trade Arabia - 16/06/2016)
Telecom firm Zain Bahrain recently launched ‘From the Heart’, a first-of-its-kind therapeutic advice service which customers can receive via SMS. The service consists of exclusive text, audio and video clips from Saudi psychiatrist Dr Tariq Al-Habeeb as ...
Zain in push to grab leading role in digital lifestyle sector
(Gulf Daily News - 29/05/2016)
Zain Bahrain is making a pitch to grab a leading role in the “digital lifestyle”, says the company’s marketing director Roland Loestcher. Responsible for the company’s strategic and tactical marketing activities, Mr Loestcher told the GDN in an ...
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