Commercial Services - News
Agility plans $1bn fundraising to support expansion
(Trade Arabia - 19/11/2015)
Kuwait's Agility, the largest Gulf Arab transport logistics company, plans to raise around $1 billion to fund future growth across its business, the chief executive told Reuters in an interview on Wednesday. The company is focusing on diversifying its ...
Agility revenue to double by 2020 says CEO
(Trade Arabia - 21/10/2015)
Kuwait's Agility, the largest Gulf Arab transport logistics company, expects revenue to more than double in the next five years as it focuses on emerging markets, its chief executive said. The company is one of Kuwait's corporate success stories but has ...
Zain Bahrain Q3 profit rises 91 pct as it cuts costs, data rises
(Reuters - 20/10/2015)
Mobile operator Zain Bahrain reported a 91 percent rise in third-quarter net profit on Monday as it attracted more data customers and it cut costs. The company, majority-owned by Kuwait's Zain, made a profit of 1.34 million dinars ($3.55 million) in the ...
Zain Group’s B2B Enterprise Forum declared big success
(Gulf Daily News - 04/10/2015)
Zain Group, a leading mobile telecom innovator in eight markets across the Middle East and Africa, has described its inaugural B2B forum as a big success. The two-day B2B Enterprise Forum, which drew senior executives from all of the group’s operating ...
Zain-Uber in key accord
(Gulf Daily News - 10/09/2015)
Zain Group has entered into a group-wide agreement with Uber to offer Zain customers discounted and preferential services when using the Uber platform. The partnership between Zain and Uber – the first of its kind in the region – is currently effective ...
Zain Bahrain gains down 6.7pc to $5.4m
(Trade Arabia - 12/08/2015)
Zain Bahrain has reported a 6.7 per cent decrease in net profit at BD2.07 million ($5.49 million) for the first half of the year, compared with BD2.22 million for the same period last year. In a statement, the telecom firm said revenues for the same ...
New Suez channel helps to turn around National Marine Dredging
(The National - 11/08/2015)
National Marine Dredging Company (NMDC), which was instrumental in delivering the New Suez Canal on time, has reported a significant turnaround in its fortunes for the second quarter. It made a profit of Dh45 million, compared with a loss of Dh117m in ...
5G services ‘needed to meet surging demand’
(Gulf Daily News - 06/08/2015)
Manama: Telecom operator Zain Bahrain expects superfast 5G mobile services to be available in the country within the next two to three years, a top company official has said. Zain Bahrain technology director Hamad Al Rumaihi told the GDN that 5G – ...
Tabreed's H1 profit rises on lower costs
(Khaleej Times - 24/07/2015)
National Central Cooling Company, or Tabreed, posted a three per cent net profit growth in the first half to Dh153 million on the back of lower finance costs and new business growth. The district cooling utility infrastructure company said core chilled ...
Adnec signs partnership deal with Agility
(Trade Arabia - 12/07/2015)
Abu Dhabi National Exhibitions Company (Adnec) said it has signed a five-year strategic partnership deal with Agility’s Fairs and Events, a division of Agility Global Integrated Logistics. Kuwait-based Agility is one of the largest integrated logistics ...
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